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Venom 3 Keeps No. 1 Spot With Reassuring 2nd Week Drop, Tom Hanks’ Forrest Gump Reunion Movie Backfires Despite $45M Budget

Nov 3, 2024


Here has severely underperformed at the box office while Venom: The Last Dance has had a reassuringly solid second weekend. Here, which takes place in a single home and follows the life of a family across multiple generations, reunites director Robert Zemeckis with Forrest Gump screenwriter Eric Roth and co-stars Tom Hanks and Robin Wright. The new movie’s opening weekend is competing with the second weekend of the Venom: The Last Dance box office, which debuted with $51 million and earned, by a significant margin, the worst opening weekend of the three-movie Tom Hardy superhero franchise.

Per Variety, as of Saturday morning, Venom: The Last Dance is projected to earn a 3-day total of roughly $22.4 million, which represents a 56% drop from its opening weekend. This drop is much better than initial expectations for the movie, which earned a dismal 39% score on Rotten Tomatoes. In fact, it is about par with the original 2018 Venom, which debuted with $80.2 million and had a 56.4% drop in its second weekend. This will allow it to maintain its position at No. 1 on the domestic chart for the second weekend in a row.

Meanwhile, Here is only projected to gross a 3-day opening weekend total of $5.1 million, a total that will see it debut at No. 4 on the chart. This debut comes in lower than the movie’s initial $7 million projections, which were already significantly beneath its $45 million budget, which likely necessitates an overall gross of $112.5 million or more in order for it to break even.

What This Week 2 Drop Means For Venom: The Last Dance
The Tom Hardy Sequel Could Become A Sleeper Hit

The projections for the weekend reveal that Venom: The Last Dance release is showing signs of life after its debut turned out significant diminishing returns. Not only does it match the original movie’s drop, it is a significant improvement on the most recent installment, 2021’s Let There be Carnage, which fell more than 60% in its second weekend, losing its No. 1 slot to the James Bond sequel No Time to Die. Below, see a breakdown of the box office performance of both of the previous installments in the Tom Hardy franchise:

Title Opening Weekend Week 2 Drop Worldwide Box Office Venom (2018) $80.2 million 56.4% $856 million Venom: Let There be Carnage (2021) $90 million 64.7% $506.8 million

It remains to be seen The Last Dance can match either of the previous Venom movies, as their opening weekends gave them a significant head start. However, the fact that the original movie debuted lower than its sequel but climbed to a higher overall total off the back of a solid week 2 drop means that the new movie could become a significant sleeper hit if it keeps its momentum up. On its current trajectory, it could gross $544.3 million, beating Let There be Carnage and passing its break-even point, which is likely $300 million considering its $120 million budget.

Our Take On The Weekend Box Office
Venom 3 Can Go The Distance

While the Here release could very well drop from the Top 5 entirely in its second weekend, Venom: The Last Dance has a chance of maintaining a strong chart position for the next few weeks given its reassuring audience hold. If it continues to drop at this rate, it could provide major competition for the No. 1 slot in its third weekend as well. The weekend’s new release slate doesn’t feature any major tentpoles but rather titles such as A24’s Hugh Grant horror-thriller Heretic and the Anthony Mackie monster movie Elevation, which has had a relatively quiet rollout.

Source: Variety

Venom: The Last Dance is the third and final installment in Sony’s symbiote trilogy starring Tom Hardy as Eddie Brock. It follows the events of Let There Be Carnage, where the anti-hero fought serial killer Cletus Kasady, and Spider-Man: No Way Home, where Brock was briefly transported to the MCU through the multiverse.Director Kelly Marcel Release Date October 25, 2024 Studio(s) Columbia Pictures , Marvel Entertainment , Pascal Pictures Runtime 110 Mins Main Genre Adventure Expand A young couple expecting their first child takes in the husband’s estranged, ailing mother. Set in a single room, the story spans multiple generations, capturing moments of love, loss, and everyday life in the same space. Directed by Robert Zemeckis and featuring performances by Tom Hanks, Robin Wright, and Paul Bettany, the film uses groundbreaking technology to de-age actors and presents a unique, stationary camera perspective throughout its runtime.Director Robert Zemeckis Release Date November 15, 2024 Studio(s) MiraMax , Playtone , ImageMovers Distributor(s) TriStar Pictures Writers Eric Roth , Robert Zemeckis Runtime 104 Minutes Expand

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by filmibee.
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