No, I saw the $300 Million from overseas box office too. It's just that it already opened in all major overseas markets, and it has had slightly weak legs in the past week. With a big dropoff its second weekend out. Just from looking quickly at a compare/contrast of other recent movies in that demographic, I'm not sure
Moana 2 will achieve escape velocity to shoot past $1 Billion.
On the plus side for it, it's got pretty much a free reign at the family movie market for another two weeks. Until the Christmas tentpoles start debuting the 20th; namely
The Lion King and another video game flick,
Sonic The Hedgehog.
So its got one more big weekend, plus early school holidays starting the 16th, to rack up box office globally. Then it hits headwinds on December 20th. Will it make it to a Billion by early 2025?
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Well, I could be totally wrong and it's a movie families will want to go see again in theaters during the Christmas vacation at the end of December. That could solve its problem of fairly weak legs in early December. But on its current trajectory it seems like it's headed towards $850 to $950 Million globally by the time the kids go back to school on January 6th.
Who knows?
The good news for Burbank is that with its Made-For-Disney+ modest budget of
"only" $150 Million, it's already tipped into profitability this weekend from the global box office. I just don't see the momentum for it getting to, let alone past, $1 Billion at the global box office in the next four weeks.
Financial analysis of Moana 2 (2024) including budget, domestic and international box office gross, DVD and Blu-ray sales reports, total earnings and profitability.
thenumbers.com