Black Panther: Wakanda Forever

[DKampy]

We still go to the movies about once a week… but it is just my wife and I…we still feel like it is the cheapest form of entertainment for the 2 of us… we usually go on Sunday matinee.. it is either $7.00 or $9.00 a ticket depending on which theater we go to…plus shh… we sometimes sneak in snacks and bottles drinks… got to love my wife’s purse

We are also movie people though and see more than just the blockbusters

 

[Disney Analyst]

What amount does BPWF need to hit to make its money back and enter profit zone? @MisterPenguin

 

[Disney Irish]

What amount does BPWF need to hit to make its money back and enter profit zone? @MisterPenguin

I believe its been said it needs to make $750M to breakeven, and it should do that by this weekend (or come close).

 

[Disney Analyst]

I believe its been said it needs to make $750M to breakeven, and it should do that by this weekend (or come close).

Right, so this film will be a success in the industry.

 

[Disney Irish]

Right, so this film will be a success in the industry.

Yep, despite what some around here have said about it not making more than $1B.

 

[Disney Analyst]

Yep, despite what some around here have said about it not making more than $1B.

They move the goal posts constantly to fit their... narrative.

 

[TP2000]

I believe its been said it needs to make $750M to breakeven, and it should do that by this weekend (or come close).

Here's where Wakanda Forever stands globally as of this afternoon, taking in the global box office numbers from around the world for this past weekend that were released this morning. It's almost there!

But it should cross the $750 Million mark today or tomorrow, and finally start putting money in Burbank's account.

 

[Disney Irish]

Here's where Wakanda Forever stands globally as of this afternoon, taking in the global box office numbers from around the world for this past weekend that were released this morning. It's almost there!

But it should cross the $750 Million mark today or tomorrow, and finally start putting money in Burbank's account.

View attachment 683574

Yes I'm well aware, thanks.

 

[MisterPenguin]

Here's where Wakanda Forever stands globally as of this afternoon, taking in the global box office numbers from around the world for this past weekend that were released this morning. It's almost there!

But it should cross the $750 Million mark today or tomorrow, and finally start putting money in Burbank's account.

View attachment 683574

Yes, as been said here already.

 

[TP2000]

Yes, as been said here already.

I'll check the numbers again tomorrow and Wednesday, and we'll throw a party when it passes the $750 Million mark.

Don't worry, I'm on it!

 

[Phroobar]

I'll check the numbers again tomorrow and Wednesday, and we'll throw a party when it passes the $750 Million mark.

Don't worry, I'm on it!

Can't wait.

 

[Phroobar]

Here is the historical chart comparing Black Panther to Wakanda Forever. I don't think it is going to make it.

 

[Disney Analyst]

Last weekend had a grim overall box office of $52.6 million, the sixth worst of the year. As nothing major opens this weekend, we’re in for what will likely be the second or third worst weekend of the year, with the overall cume possibly sinking below $40 million. It shouldn’t stoop as low as the $34.9 million grossing January 28-30 weekend, the worst of the year, but that’s about as positive of a spin that we can give on the dreary state of the box office as we await its revival with the opening of Avatar: The Way of Water next weekend.

Black Panther: Wakanda Forever should top the box office for the fifth and final time (which happens to be the same amount of weekends that the first Black Panther topped the charts, though that was a more impressive feat given the competition it faced). Following its $17.5 million post-Thanksgiving weekend, it would need a drop of under 43% to stay above $10 million, otherwise the weekend will be bereft of any film to even make the double digit millions. Putting aside the unfortunate box office climate, the numbers are strong on ]Black Panther: Wakanda Forever, which is at $396 million through Tuesday (and $736 million worldwide). Topping Doctor Strange in the Multiverse of Madness’ $411 million cume to become the year’s second highest domestic grosser is a lock, whether it gets there this weekend, next weekend, or somewhere in between. This weekend it could crack the list of the MCU’s top ten domestic grossers, knocking Captain America: Civil War ($408 million) from its slot.

‘Wakanda Forever’ Likely To Top Fifth Weekend As Box Office Slows To A Crawl

www.boxofficemojo.com

 

[Jedijax719]

Have to say that while some will argue either way as to whether BPWF is big or not, there's one thing that people keep forgetting. Sure, this movie had its obstacles and sure, Avatar 2 is stealing hype. But if BPWF was THE Christmas release in any given year, we'd be signing a VERY different tune in terms of box office results.

 

[TP2000]

Wakanda Forever did it! This last weekend before Avatar takes over, Wakanda Forever has just crossed the $750 Million threshold at the Global Box Office. It got pushed over the top, quite appropriately, by the United States box office results that just came in for this weekend which now stand at $409 Million.

Which brings the total as of Sunday afternoon Burbank time, to $767 Million globally. Using the Triple The Production Budget To Break Even formula with its $250 Million production budget (?!?), Wakanda Forever just broke even this weekend and is now sending some profit to the Marvel account at the Burbank branch of Bank of America.

Burbank really needed this big hit right now from at least one of its flagship studios, so the celebration is well deserved. In my family, for at least the last 30 years, whenever we celebrate a birthday or college graduation or just having S'mores all together at the beach house, we always play one of our favorite fun songs; Kool & The Gang with their Late Disco Era megahit "Celebration!" It's sort of a family anthem with us.

So I send this to the team at Marvel Studios for breaking the much needed $750 Million mark, and also am sending this out to all the Wakanda fans out there! Bravo! Now it's time to celebrate!



P.S. I'm chair dancing to this right now.

 

[Disney Analyst]

And some interesting details from Box Office Mojo:

As we await the opening of Avatar: The Way of Water, the weekend’s box office was once again terrible, just narrowly avoiding being the year’s worst. With nothing new opening wide, the overall gross from all films declined 33% from last weekend for a cume of $35.5 million, the second worst of the year after January 28-30’s $34.9 million cume. Studios are understandably wary of opening ahead of the sequel to the world’s highest grossing film of all time, but the box office is suffering as a result, with another weekend that would have been the worst in decades before the pandemic.

The top five was entirely unchanged from last weekend. Unsurprisingly, Black Panther: Wakanda Forever came in first, tying with its predecessor for a total of five number one weekends. The sequel was down 37% for an $11.1 million weekend, bringing its cume to $410 million. This puts it right on the verge of crossing Doctor Strange in the Multiverse of Madness $411 million total, which will make it the second highest grossing film of the year thus far and the eighth-highest grosser in the MCU. The global cume is now at $768 million.

‘Wakanda Forever’ Tops For 5th Time In Year’s 2nd Worst Weekend

www.boxofficemojo.com

In summary:

- Second worst weekend of the year.
- BP:WF is almost the 8th highest grossing MCU film domestically. And almost the second highest grossing film of 2022. Should beat Dr. Strange shortly.

Aka: BP:WF is a huge success, given the state of the 2022 box office.

Now we await Avatar.

 

[TP2000]

Have to say that while some will argue either way as to whether BPWF is big or not, there's one thing that people keep forgetting.

Wakanda Forever was certainly a big hit with audiences for the past month. But with a massive production budget of $250 Million (were those catered lunches worth it?), the question is "Was it big enough?" The financial data coming in shows that it was just barely big enough.

Sure, this movie had its obstacles and sure, Avatar 2 is stealing hype. But if BPWF was THE Christmas release in any given year, we'd be signing a VERY different tune in terms of box office results.

I'm a bit confused by this. Wakanda Forever opened in 4,396 theaters back on November 11th, heading into the Veteran's Day holiday weekend. It was nowhere near Christmas, and Avatar tickets weren't available. Avatar doesn't open until next Friday, December 16th, a full five weeks after Wakanda opened in the US.

Knowing that, are you saying that people purposely held back from purchasing Wakanda Forever tickets for the past five weeks because they were waiting to spend their money on Avatar?

Here's some data and comparisons to how Wakanda Forever performed this fall in theaters. It had "Poor Legs" according to industry metrics and historical data...

And it noticeably under-performed its first installment back in 2018 at the domestic box office, adjusted for today's rising inflation.

If anything, I think Burbank's messy streaming strategy with Disney+ deserves a big dollop of blame for Wakanda's lower financial returns compared to the original Black Panther just 4 years ago. But Avatar 2? I don't see that as a big driver of results here with this Marvel offering.

The Numbers - Where Data and the Movie Business Meet

The Numbers provides detailed movie financial analysis, including box office, DVD and Blu-ray sales reports, and release schedules.

www.the-numbers.com

 

[Californian Elitist]

Angela Bassett has made history by being the first actor to be nominated for an acting Golden Globe award for an MCU role.

Marvel Studios Earns First-Ever Golden Globes Acting Award Nom for MCU Movie

Marvel Studios received an acting nomination for the 2023 Golden Globes, marking a historic moment for the MCU.

thedirect.com

 

[Disney Analyst]

Angela Bassett has made history by being the first actor to be nominated for an acting Golden Globe award for an MCU role.

Marvel Studios Earns First-Ever Golden Globes Acting Award Nom for MCU Movie

Marvel Studios received an acting nomination for the 2023 Golden Globes, marking a historic moment for the MCU.

thedirect.com

YAY - Congrats Angela!

 

[Phroobar]

Disney lets strive for mediocracy. You all know it isn't a good thing that is broken even.