As a long-time cinema enthusiast who has witnessed the rise and fall of many iconic superheroes on the silver screen, I must admit my anticipation for the latest Venom installment, “Venom: The Last Dance,” was tainted by the underwhelming box office performance of its predecessor.
The film “Venom: The Last Dance” started off with approximately $8.5 million in its initial Thursday night showings at the cinema, which is $1.5 million less than what “Venom” made in 2018 and $3.1 million lower than “Venom: Let There Be Carnage” during the same timeframe. Experts anticipate that the movie’s domestic box office earnings will fall between $60-70 million, and its worldwide earnings are projected to be around $180 million. Unfortunately, these figures represent a substantial decrease compared to “Venom: Let There Be Carnage,” which opened domestically with $90 million (even though it was 2021, and many theaters were still closed due to the pandemic).
The good news? Venom: The Last Dance has a pretty manageable budget by superhero standards — reported to be around $100 million — so it will break even pretty quickly. For context, the movie cost half of what Joker: Folie a Deux did, and that movie made just $37.8 million in its opening frame.
The success or failure of Venom: The Last Dance is largely contingent on its ability to maintain popularity, a factor closely linked with fan responses. The initial film faced significant audience skepticism, but it managed to perform exceptionally well after its first weekend thanks to positive word-of-mouth, ultimately grossing over $850 million globally. This surpasses the earnings of Man of Steel, Guardians of the Galaxy vol. 3, and Deadpool 2.
Compared to “Venom: Let There Be Carnage”, the initial weekend earnings were substantial mainly because viewers loved the first film so much. However, the second part didn’t meet fans’ expectations as well, and although it opened larger than the original, its total earnings fell significantly short – barely surpassing $500 million worldwide.
The way the movie “Venom: The Last Dance” plays out might influence the character’s future developments, considering that the Marvel Cinematic Universe has hinted at its own interpretation of Venom appearing in the future, as suggested by the post-credits scene from “Spider-Man: No Way Home.” Concurrently, it appears that the third Venom film is laying the groundwork for a “King in Black” narrative in upcoming films, with Andy Serkis portraying Knull.
At this stage, it’s challenging to predict what Sony considers as successful or not in their lineup. They’ve had some significant flops, such as “Morbius” and “Madame Web,” alongside successes like the “Venom” series and the “Spider-Verse” movies. It seems that they are struggling to fully commit to their Sony Pictures Universe of Marvel Characters due to the high costs associated with these productions. Any movie that doesn’t perform well can cause complications.
Besides Tom Hardy playing the lead character, “Venom: The Last Dance” also features Juno Temple, Chiwetel Ejiofor, Rhys Ifans, Peggy Lu, Alanna Ubach, Stephen Graham, and Cristo Fernandez in the cast. The movie is directed by Kelly Marcel.
Venom: The Last Dance is in theaters now.
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2024-10-26 20:38