Aquaman Is Now WB’s Highest-Grossing Film In China

Aquaman is now Warner Bros.’ highest-grossing film of all-time in China. In its earliest days, the DC Extended Universe achieved commercial success, despite many of its installments receiving mixed-to-negative reviews from fans and critics. It was unfortunate that the property’s most important entry, Justice League, was a failure across the board, as its negative buzz led to it becoming the lowest-grossing DCEU film to date. In the wake of that disappointing turn of events, WB opted to formulate a new game plan moving forward, while hoping the projects coming through the pipeline could help the brand rebound.

More than a year after Justice League’s premiere, Aquaman arrived in theaters, shining a spotlight on Jason Momoa’s fan-favorite version of Arthur Curry. In the months leading up to the film’s release, it looked like James Wan’s directorial effort would indeed be the bounce back vehicle the DCEU desperately needed. Aquaman received generally positive reviews, with many critics hailing it as a fun throwback adventure that harkened back to the classic blockbusters of the 1980s. That reception could only help the movie’s commercial prospects, and now it’s already broken a box office record.

Related: Aquaman’s Ending Explained

According to a press release from WB, Aquaman is now at $209.5 million in China, a new all-time mark for the studio in that country. The superhero film is already up to a whopping $332.1 million internationally, far surpassing its $160 million production budget even before the first domestic numbers came in.

This means Aquaman is well on its way to turning a sizable profit. Going by the general rule of thumb, it needed to earn approximately $320 million globally to break even, and it’s $12.1 million past that figure now. It’s expected to earn about $120 million in North America during the extended Christmas weekend, so there’s no denying it’s in great shape at this stage in its run. There was a point in time when Aquaman’s box office projections were somewhat bleak, with estimates between $40-60 million domestically for its opening weekend. Thankfully for WB, things went in a very different direction, and it looks like Aquaman will be one of the biggest (if not the biggest) films of the holiday season.

WB’s had internal discussions about an Aquaman sequel, but had yet to officially green light anything or sign Wan for the followup. They were most likely (smartly, it should be added) waiting to see how this film performed before announcing another adventure through Atlantis. Now that they know they have a smash on their hands, they can work on developing a new franchise – one that could complement Wonder Woman and give DC another foundation to build upon. Henry Cavill and Ben Affleck are reportedly out, but Gal Gadot and Momoa are carrying things forward. Fingers crossed Shazam can do the same next year.

More: Aquaman’s After-Credits Scene Explained

Source: Warner Bros.

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2018-12-21 01:12:51

Aquaman Scores Best DC Films Debut in China Since Batman V Superman

Aquaman scores the best opening for a DC film at the Chinese box office since 2016’s Batman v Superman. Though many of installments in the DC Extended Universe (as it’s unofficially known as) received mixed reviews from critics and fans, most performed well at the box office. Unfortunately, that trend did not continue for last fall’s Justice League, which ended its run as the lowest-grossing installment in the franchise. As a result, WB’s future plans were thrown into a state of flux, though there’s reason for hope on the horizon.

DC returns to theaters later this month with James Wan’s Aquaman, which promises to be an entertaining adventure film buoyed by astonishing visual effects. Though full reviews remain under wraps for the time being, initial reactions are quite positive, implying this will be the rebound the DCEU desperately needs. Strong word-of-mouth should increase Aquaman’s box office prospects, and it’s already doing extremely well in one key territory.

Related: Aquaman Movie Has Major Man of Steel Homage

WB announced today Aquaman earned about $24.6 million on its opening day in China (Friday, December 7), which is a record haul for WB. It’s expected to gross approximately $80 million during the weekend, a total that would far exceed the debuts of fellow DC movies Batman v Superman ($55 million) and Wonder Woman ($37.7 million).

Obviously, this is a highly encouraging sign for Aquaman. Back in October, initial domestic opening weekend projections had it pegged for a DCEU-worst bow, in the range of $40-60 million. With no new Star Wars installment this December, several studios are looking to capitalize on the ever-lucrative holiday season, and Aquaman is set to face stiff competition. Mary Poppins Returns is poised to be a massive hit for Disney, and Wan’s latest also goes head-to-head with Transformers spinoff Bumblebee. Since Aquaman isn’t a commercial lock Stateside yet (though, that could very well change as its release draws closer), it will need all the help it can get from the international markets. Even if Aquaman doesn’t break the bank, it should still be in solid shape since its budget is reportedly a manageable $160 million.

China’s proven to be a goldmine for comic book films. Sony’s Venom did extremely well in the country, and was recently granted an extension because it continues to post strong holds. Chinese audiences are fond of superheroes, so it isn’t surprising Aquaman is already off to a rollicking start there. Hopefully, this is just a harbinger of things to come and the film is able to find success when it opens in other parts of the world later this month. WB is already discussing a possible sequel, so they’re clearly confident.

More: How Every DCEU Movie Set Up Aquaman

Source: Warner Bros.

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2018-12-07 09:12:20

Venom Movie Granted Extended Box Office Run in China

Blockbuster smash Venom has been granted an extended theatrical run in China following its tremendous success in that market. Sony rolled the dice when they opted to give Eddie Brock a solo film, but nobody is arguing with the results. Despite being widely panned by critics, Venom became an unlikely audience favorite over the fall, breaking October box office records and launching a new franchise for the studio. There’s no denying the film left a sizable pop culture footprint, seeing that fans were quick to ‘ship Eddie and Venom – to the point where Sony embraced that angle for home media marketing.

Domestically, Venom posted a respectable, but hardly substantial, $212.3 million. The worldwide box office made the film the hit it is, as the global total currently stands at a whopping $845.5 million. That figure is higher than Justice League, every X-Men film ever, and even the juggernaut that was Wonder Woman. Things are going so well for Venom that Chinese audiences don’t want to see it go, and luckily for them, it’ll be sticking around for a little longer.

Related: Predicting Sony’s Spider-Man Movie Slate

According to DeadlineVenom will have extended play in China. The film has actually made more money there than anywhere else in the world. To date, $260.5 million of the worldwide haul comes from Chinese ticket sales. Venom is about to pass Jurassic World: Fallen Kingdom ($261.2) on the Middle Kingdom’s 2018 charts and be the country’s seventh highest-grossing movie of the year.

This development is not surprising at all. Venom broke Chinese records when it opened there back in November and has demonstrated incredibly strong legs over the course of its lucrative run. Fantastic Beasts: The Crimes of Grindelwald was no match for it, earning a paltry $37.5 million to Venom’s $51 million during their showdown. Since the comic book film continues to generate strong business, it makes perfect sense for China to keep it around. What will be interesting to see, however, is how Venom coexists with newcomer Aquaman, which opens in China on December 7. There must be some confidence Venom will remain a sizable draw to give it this extension, but its stranglehold on the box office should loosen up a bit.

Regardless of how much more Venom makes, it’s safe to say it’s exceeded even the rosiest expectations and Sony has to be thrilled with how everything turned out. The studio has yet to officially date the inevitable sequel, but Venom 2 is actively in development and may prove to be an even bigger hit than its predecessor. As teased in the post-credits scene, the followup will pit Venom against his nemesis Carnage, which is a battle fans have wanted to see on the big screen for a long time. It took Sony quite a long time to get to this point, but they finally struck Marvel gold with Venom.

More: How Venom’s Success Could Change the MCU (And Spider-Man)

Source: Deadline

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2018-12-05 04:12:46

Crazy Rich Asians Bombs at China Box Office, Opening to $1.2 Million

Crazy Rich Asians debuted in China this weekend, and promptly bombed at the box office. While the movie was a runaway hit in the U.S., grossing $173 million domestically, it has failed to translate that success abroad, earning only $64 million from international markets.

The highest grossing rom-com of the year, Crazy Rich Asians, based on the book of the same name by Kevin Kwan, tells the story of a Chinese-American woman (Constance Wu) who travels with her boyfriend (Henry Golding) to Singapore, where she discovers she’s unwittingly been dating the heir to an incredibly wealthy family and one of Asia’s most eligible bachelors.

Related: Crazy Rich Asians’ Michelle Yeoh & Awkwafina Reunite For Action Film

Unfortunately, while Crazy Rich Asians was a smash success in America, the film earned a mere $1.2 million during its first weekend in China. Exhibitor Relations was the first to report the official box office numbers, but there had been much speculation about the film’s chance of success in China leading up to its release. Some industry prognosticators predicted that the level of success the movie achieved in America would be unlikely in the Asian market, for exactly the same reasons it smashed records domestically. While a film with an entirely Asian cast is refreshing and groundbreaking in the U.S., it’s not at all unusual in China, where almost all feature films include completely Asian casts.

The timing of the film’s Chinese release also likely played a part in its disappointing debut. Crazy Rich Asians was released on August 15 in the U.S. and garnered much buzz, but by its November 30 release in China, that buzz had significantly died down. The large gap in release dates also meant that most Chinese moviegoers who were interested in seeing the film were probably able to watch it online through legally dubious means before it came to theaters in their country.

Despite the lackluster showing in international markets, Crazy Rich Asians is still on track for a sequel­ – or two. Kwan turned his bestseller into a trilogy, and there is every reason to expect the films will follow suit. The first sequel, based on Kwan’s book China Rich Girlfriend, has already begun moving forward with Jon M. Chu returning to direct. The Crazy Rich Asians effect has also reached beyond its own source material to greenlight other Chinese-centric films. Following the success of Crazy Rich Asians, Warner Brothers and New Line began moving forward with Single’s Day, a China-set romantic comedy based on the popular holiday that celebrates singledom. And this is likely just the beginning of a slate of films that will be looking to bank off of Crazy Rich Asians’ domestic, if not international, success.

More: Crazy Rich Asians 2: Everything We Know About The Sequel’s Story

Source: Exhibitor Relations

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2018-12-02 11:12:43

Crazy Rich Asians Is Highest-Grossing Rom-Com This Decade (So Far)

Wildly successful romantic comedy Crazy Rich Asians looks to be leader of the pack in box office receipts for the decade. It’s been roughly two months in theaters since its mid-August release, and the runaway hit adaptation of Kevin Kwan’s best-selling book has handily outsold every other rom-com in the 2010s, and yet remains in theaters at time of this writing.

Crazy Rich Asians broke early ticket sales records from its premiere, dominating the box office for three straight weekends with no signs of slowing down. The film stars Constance Wu ( Fresh Off the Boat ) in the leading role, alongside veteran Malaysian actress Michelle Yeoh (Crouching Tiger, Hidden Dragon, Star Trek: Discovery) and rising star Awkwafina (Ocean’s 8), among others. Directed by filmmaker Jon M. Chu, Crazy Rich Asians’ immediate success followed positive early buzz, making its opening weekend the biggest rom-com opening since 2015’s Trainwreck.

Related: Crazy Rich Asians’ Michelle Yeoh & Awkwafina Reunite For Action Film

That early attention simply did not waver, and the film has seen eight solid weekends of consistent sales thus far, placing in top 10 tickets sold in the first weekend of October. That momentum has seemingly secured its legacy, and, according to Box Office Mojo (via Screen Crush), Crazy Rich Asians as the sixth-highest grossing romantic-comedy of all-time at the domestic box office, with over $169 million in sales, which also makes it the highest grossing rom-com of the decade.

This news makes reports of the imminent sequel, which arrived a mere week after opening weekend, seem particularly wise on the part of Warner Bros. Titled China Rich Girlfriend, the sequel is based on the follow-up novel of the same name, and will push the story presented in the original forward. Limited information about the sequel is available at present – and there’s considerable speculation as to plot details when weighing the changes made in the Crazy Rich Asians adaptation – but the director and writers are expected to return.

Aside from its profitable reign in theaters, Crazy Rich Asians was notable as the first Hollywood studio film with primarily Asian-American leads since 1993’s award-winning The Joy Luck Club. News of the sequel aside, this distinction may have spearheaded a new trend, and Warner Bros./New Line’s recently-acquired Singles Day may represent increased trust being placed in Asian-American actors and actresses to draw audiences to theaters.

For now, Crazy Rich Asians continues its run in theaters across the country, and a mere $7 million more will see it crack the top five romantic comedies and outsell 1998’s There’s Something About Mary.

Update: Corrected the filmography of Constance Wu.

More: Crazy Rich Asians Review: This Is What Big Studio Rom-Coms SHOULD Be

Source: Box Office Mojo

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2018-10-10 06:10:50 – Leo Faierman

Chinese directors to introduce Turkey’s İzmir to China

Two Chinese directors visiting Turkey within the scope of “2018 Turkey Tourism Year in China,” shot a short movie and a documentary to introduce Turkey.

Working with Shenzhen Media Group, Chinese directors…Click To Continue

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Ant-Man & The Wasp Poised For Big Opening Weekend in China

Ant-Man and the Wasp is projected for a big opening weekend box office in China. Marvel Studios started the year with massive box office hits in Black Panther and Avengers: Infinity War, leaving the sequel to Ant-Man to try and follow in their footsteps. The fun-loving sequel debuted in the US back in July to a solid $75M opening weekend. However, the roll out for the film globally has been possibly the most bizarre for any MCU film. The staggered release schedule has made Ant-Man 2 slowly climb the box office charts instead of making huge leaps.

Although a large number of territories got Ant-Man and the Wasp during its early July release, the UK, for example, had to wait nearly a month to get the latest MCU film as a result of the World Cup. During this time, the movie did secure the highly coveted release in China. With it now just days away from premiering, the box office projections look strong.

Related: Rotten Tomatoes Gives Smallest Award to Ant-Man & The Wasp

Chinese box office analyst Gavin Feng reports Ant-Man and The Wasp is projected to make $65 million in its opening weekend in China. This will be a huge opening for the film and bolster its current box office total. These projections also mean that Ant-Man and the Wasp will easily surpass the original film’s launch, which was $42M back in 2015.

The first Ant-Man went on to gross over $100M in China alone, and with Ant-Man and the Wasp expected to open well above the first, an even larger haul is likely in store. The original film’s opening accounted for 40.6 percent of the film’s total $105M run. If Ant-Man and the Wasp can hold just as well, then a final tally of $160M in China is possible. However, Spider-Man: Homecoming opened to $69M last year but finished with $116M total, and Black Panther opened to $65M this year for a $105M total.

Ant-Man and the Wasp currently has a worldwide total of $466M, but China looks to easily become the film’s best international territory. South Korea is currently the highest grossing foreign territory after a $20M opening. All in all, the Paul Rudd and Evangeline Lilly-led sequel has made $257M overseas. With China poised to greatly increase this total, then the film will finally surpass the original Ant-Man‘s $519.3M worldwide gross. If China and Japan (the film’s final release next week) do wind up loving the movie, then surpassing Iron Man‘s $585.2M total could be within range. Either way, Ant-Man and The Wasp will wind up being bigger than its predecessor.

MORE: Ant-Man 2 Director Wants Wasp to Lead All-Female Avengers Film

Source: Gavin Feng

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