Box Office: ‘Pirates’ Wins Memorial Weekend but Continues its Demise, While ‘Baywatch’ Reboot Disappoints

Memorial weekend comes to a close as two of the summer’s most anticipated films debuted to a audience that has still been buzzing about the greatness and financial success of Guardians of the Galaxy: Vol. 2, which is currently at just over $333 million domestically. Disney’s franchise heavy slate continues with Pirates of the Caribbean: Dead Man Tells no Tales, which follows a six year gap between itself and the last entry in the saga. The film reunites the original four actors who garnered the trilogy a success and was deemed the sole reason the fourth movie was a failure.

The reasoning was obviously false as Pirates of the Caribbean: Dead Man Tells no Tales made $76.6 million over the three-day weekend; a $13.5 million drop from Pirates of the Caribbean: On Stranger Tides $90.1 million opening. The film’s $230 million budget will be hard to turn a profit on with Johnny Depp’s modest opening. Wonder Woman‘s upcoming release, early buzz, and a positive critic consensus looks to make sure to steal Pirates thunder.

Dwayne Johnson and Zac Efron’s Baywatch came in at a dismal $22 million opening. The closest semblance of comparability is to 2012’s 21 Jump Street, which was able to earn $36.1 million in its first weekend. Not only does the $14.1 million difference prove the film to be a bomb, but the production budget of the two show that Baywatch was nearly $30 million more expensive to make.

The weekend’s top five is as follows:

Pirates of the Caribbean: Dead Man Tells No Tales – $76.6 million

Guardians of the Galaxy: Vol. 2$22.5 million

Baywatch$22 million

Alien: Covenant$10.5 million

Everything, Everything$6.1 million

 

Source: http://www.boxofficemojo.com/news/?id=4296

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