Black Panther: Wakanda Forever continued to lead the Thanksgiving box office. Facing only token opposition, the superhero sequel raised $10 million on Wednesday. The Marvel and Disney release should earn around $63 million over a five-day period, easily outperforming the competition.
Another Disney film, Weird World, flopped, grossing a disappointing $4.2 million on Wednesday as it grossed less than $24 million in five days. This is a terrible result for an animated adventure with a budget of $180 million. By comparison, Encanto, another recent Disney animated offering, made $40.3 million over the Thanksgiving holiday in 2021 — and that was considered a weak result for a family movie. “Encanto” didn’t really fit the zeitgeist until it started airing on Disney+, when “We’re Not Talking About Bruno” became ubiquitous.
Other newcomers include Sony’s Devotion and Black Label Media, an inspiring drama about two elite US Navy fighter pilots that grossed $1.8 million. He’s counting on a five-day haul of $10.2 million.
MGM and United Artists Releasing “Bones and All” are stumbling in their expansion, earning roughly $900,000 on Wednesday. The unusual story of young cannibals in love is set to earn $4.3 million over a five-day period. It opened last weekend in a limited edition.
And Steven Spielberg’s Fabelmans grossed $400,000 on Wednesday after expanding from four theaters to over 600 venues. The semi-autobiographical look at the director’s early years is set to earn $3 million for the Thanksgiving holiday.
Searchlight’s “menu” made $1.1 million and is set to make $8 million over the holidays. The horror comedy’s total domestic sales are $12.4 million. Black Adam Warner Bros. and DC made $660,000 on Wednesday, with holiday fees totaling $4 million. The superhero film’s total domestic sales are just under $160 million.
This is a pretty grim picture for the film business, which has been in a downturn since mid-summer and is still grappling with the effects of the COVID-19 shutdown. The holiday box office is expected to drop about 10% from last Thanksgiving, when ticket sales topped $142 million. This was a far cry from the pre-pandemic Thanksgiving results. For example, in 2019, the Turkey Day frame generated $263.3 million in sales. The exhibition business had reason to rejoice after it was revealed that Amazon plans to spend $1 billion to make 12 to 15 films to be released in theaters. The Internet giant is shifting between reaching theaters and focusing primarily on serving the streaming service. His latest change in strategy is a boon for exhibitors as the announcement boosted their stocks.
Theater operators can get some silent help from The Bow of Glass: The Mystery of Knives, the sequel to Rian Johnson’s 2019 hit. However, Netflix is not reporting on the box office for the film, which is playing in 600 theaters in North America.