BusinessPostCorner.com
No Result
View All Result
Sunday, August 9, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Another low-budget film crushes an expensive action movie at the box office

June 7, 2026
in Business
Reading Time: 3 mins read
A A
0
Another low-budget film crushes an expensive action movie at the box office
ShareShareShareShareShare

After three weeks of indie horror dominance at the box office, the slasher spoof “Scary Movie” topped ticket sales with $55 million over the weekend, according to studio estimates Sunday, easily besting the far-from-mighty “Masters of the Universe.”

A new order has lately come to movie theaters, which have seen Gen Z ticket buyers flock to the horror hits “Obsession” and “Backrooms,” both made by YouTubers-turned-filmmakers. Those movies have even outshone The Walt Disney Co.’s “Star Wars: The Mandalorian and Grogu.”

This weekend, comedy was the underdog champ. Though the genre has been all but left for dead in theaters, the sixth “Scary Movie” notched a franchise-best $105.5 million global launch. The Wayans brother comedy even outdid its primary satirical target, the “Scream” franchise. Earlier this year, “Scream 7” debuted with $97 million worldwide.

Both franchises are distributed by Paramount Pictures, though Miramax produced the new “Scary Movie.” Co-written by Marlon, Shawn, Keenan and Craig Wayans, the sequel marks the Wayans’ return to the franchise after their departure over creative differences following 2001’s “Scary Movie 2.”

“This is an outstanding opening for a comedy sequel this far into the series,” said David A. Gross, who runs the movie consulting firm FranchiseRe. “It’s a huge bounceback after the last episode crashed in 2013 when Anna Faris and Regina Hall were excluded. The weekend figure is triple the average for the genre.”

Reviews weren’t good (26% fresh on Rotten Tomatoes) and audience scores (a “B” CinemaScore) were so-so. But that didn’t stop the $30-million “Scary Movie” from dominating its much bigger budget competition.

“Masters of the Universe,” a sword and sorcery action adventure based on the 1980s animated series and Mattel toys, failed to revive the dormant franchise. The Amazon MGM release, the second “Masters of the Universe” film following a 1987 movie of the same title, opened with $29.3 million domestically.

“Masters of the Universe,” starring Nicholas Galitzine as He-Man, added $25 million overseas. But for a film that cost nearly $200 million to produce, a much higher launch was needed to make profitability likely.

It’s Mattel Studios’ first release since 2023’s “Barbie.” But after the extraordinary $1.45 billion success of that film, “Masters of the Universe” will be closer to a flop for the toy company.

A24’s “Backrooms,” last weekend’s top release, slid steeply on its second weekend, dropping 68% with $25.9 million. But “Backrooms,” a $10 million movie based on 20-year-old Kane Parson’s YouTube series remains a record-breaking phenomenon. It’s now A24’s highest grossing film ever with $212 million worldwide, moving ahead of “Marty Supreme.”

In a near tie for third place, Focus Features’ “Obsession” grossed $25.6 million in its fourth weekend. That marked a paltry 7% drop from the previous weekend for 26-year-old Curry Barker’s horror sensation. Not accounting for inflation, no horror movie has ever had a better fourth weekend.

“Obsession,” about a man who wishes his crush returned his affections, was made for less than $1 million. It’s now grossed $152.1 million domestically and $224.8 million worldwide — a record for Focus.

In its third weekend, “The Mandalorian and Grogu” fell all the way to sixth place with $10 million. It was even bested by Fathom Entertainment’s “The Amazing Digital Circus: The Last Act,” a combination of the last two episodes of the animated series. It collected $12.7 million.

A few other movies hit milestones.

Lionsgate’s Michael Jackson biopic “Michael” became the studio’s highest grossing film ever with $898 million globally. That puts it ahead, not accounting for inflation, both the highest grossing entries in the studio’s “Twilight” and “Hunger Games” franchises.

And 2026 got its first billion-dollar movie. “The Super Mario Galaxy Movie”crossed $1 billion worldwide for Universal.

The weekend overall was up a remarkable 63% from the same weekend last year, according to Comscore. Ticket sales on the year are up more than 13%. Next weekend, Steven Spielberg’s “Disclosure Day” debuts.

Top 10 movies by domestic box office

With final domestic figures being released Monday, this list factors in estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore:

1. “Scary Movie,” $55 million.

2. “Masters of the Universe,” $29.3 million.

3. “Backrooms,” $25.9 million.

4. “Obsession,” $25.6 million.

5. “The Amazing Digital Circus: The Last Act,” $12.7 million.

6. “Star Wars: The Mandalorian and Grogu,” $10 million.

7. “Michael,” $7.7 million.

8. “The Breadwinner,” $3.4 million.

9. “Pressure,” $3 million.

10. “The Devil Wears Prada 2,” $2.8 million.

Credit: Source link

ShareTweetSendPinShare
Previous Post

What the Dutch can teach the UK about tackling youth unemployment

Next Post

You may be saving for retirement without realising it. Here's how to check

Next Post
You may be saving for retirement without realising it. Here's how to check

You may be saving for retirement without realising it. Here's how to check

SpaceX shares sink after first earnings report reveals huge AI spending plans

SpaceX shares sink after first earnings report reveals huge AI spending plans

August 5, 2026
What an eavesdropping case says about worker misconduct

What an eavesdropping case says about worker misconduct

August 6, 2026
Major hedge funds targeted in wave of attempted cyberattacks

Major hedge funds targeted in wave of attempted cyberattacks

August 6, 2026
Spider-Man: Brand New Day sees second-biggest ever global opening weekend

Spider-Man: Brand New Day sees second-biggest ever global opening weekend

August 3, 2026
Russia drone company chief injured in car bombing

Russia drone company chief injured in car bombing

August 5, 2026
What the EEOC’s reporting rollback means for HR right now

What the EEOC’s reporting rollback means for HR right now

August 6, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Iran issues long list of steep demands the US must meet before the Strait of Hormuz will be reopened

Iran issues long list of steep demands the US must meet before the Strait of Hormuz will be reopened

August 8, 2026
Trump is about to get ‘unchecked authority’ to impose tariffs of up to 100% on top trading partners

Trump is about to get ‘unchecked authority’ to impose tariffs of up to 100% on top trading partners

August 8, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!