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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Mark A. Silba

Mark is the founder and editor-in-chief at Cinema 35. He currently has his BA in Film and Media studies from Arizona State University. He currently lives in Gilbert, AZ where he spends most of his time seeing the latest theatrical releases.

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