Warner Bros.’s Pan flopped at the box office this weekend. Why? Well, the world is still getting over the horrendous portrayal of the world of “faith, and trust, and pixie dust” in NBC’s Peter Pan Live! Plus, no one wants to see the ever-so-dreamy Hugh Jackman as a weird bald pirate.
Pan, starring Levi Miller, cost roughly $250 million to create and market all over the world, but the only film brought in $15.5 million at North American theaters. Also, it only took in about $25 million from its partial overseas release, according to the New York Times.
It looks like viewers in Mexico and Russia were the most excited about the film bringing in $2.7 million and $2.1 million over the weekend. The country of the greatest importance for Warner at this point is China. It is their second-largest market for the film, which premieres Oct. 22.
Variety reports that in order for the fantasy to turn a profit, it needs to make $400 million. Warner declined NY Times’ request for comment Sunday.
The flop of Pan puts Warner in a rough position for a second year in a row. Kevin Tsujihara, Warner’s top movie picker and chief executive, was hoping updated versions of classic tales such as this one would help fill the lull the company has endured since the Harry Potter franchise ended. So far, that hasn’t happened.
Warner has only seen one big hit this year: San Andreas. Films such as Jupiter Ascending, Magic Mike XXL, Entourage and Hot Pursuit were among the disappointments.
Since Pan wasn’t hot at the box office, Fox’s The Martian held the top spot and topped the foreign charts for the second weekend in a row grossing $58.1 million in 74 international markets and $37 million in the U.S. The film, starring Matt Damon as an astronaut stranded on Mars, brought in the most money in South Korea ($12.7 million) and Russia ($7.2 million). It cost $108 million to make, and it has grossed $227.7 million globally in the two weeks since its release.
Sony’s Hotel Transylvania 2 came in second with $20.3 million in its third week. Pan rounded out the top three, according to Indie Wire.
Warner Bros.’s The Intern, starring Anne Hathaway and Robert De Niro, came in at No. 4 with $8.6 million in its third week and Lionsgate’s Sicario, starring Emily Blunt, came in fifth with $7.35 million in its fourth week.
Maze Runner: The Scorch Trials, The Walk, Black Mass, Everest and The Visit rounded out the top ten in that order.