Earnings

'The Marvels' Scores Lowest MCU Debut Weekend at Box Office

Published November 13, 2023

The Marvels, the latest Marvel Cinematic Universe (MCU) installment featuring Brie Larson as Carol Danvers, AKA Captain Marvel, faced an unexpectedly muted turnout in cinemas over its opening weekend. The superhero flick, distributed by Disney DIS, earned approximately $47 million on domestic grounds, marking a record low premiere for the behemoth franchise.

An Underwhelming Domestic Performance

Prior to its release, industry forecasts suggested that The Marvels would garner between $75 million and $80 million domestically. However, these expectations were later revised down to the $60 million to $65 million range just before its Friday launch. Its actual performance fell even shorter, barely scrapping together $47 million in the United States.

Global ticket sales told a slightly better story, with The Marvels drawing in an additional $63.3 million internationally, leading to an accumulated worldwide revenue of $110.3 million.

A Historical Low for Marvel

The performance of The Marvels signifies the lowest of any MCU film on record, with previous low earners including The Incredible Hulk in 2008 at $55.4 million and Ant-Man in 2015 at $57.2 million. Comparatively, MCU hits like Avengers: Endgame have garnered exceedingly high returns, accentuating the disparity with The Marvels' opening figures.

While critics responded tepidly, with a 62% rating on Rotten Tomatoes, audiences were more forgiving, shown by a more robust 85% audience score. Disney's DIS promotional efforts faced challenges in filling theater seats for the 33rd film in the series, indicating potential franchise fatigue.

Post-'Endgame' MCU Challenges

The MCU landscape post-2019's Avengers: Endgame has presented varied results in audience engagement. Current storylines are subject to higher expectations as Marvel attempts to satisfy nostalgic fans while concurrently advancing its universe.

Experts suggest Marvel's expansive content stream on Disney+ may have contributed to viewer fatigue, as some fans feel pressured into consuming numerous hours of serial content to comprehend the feature films' storylines.

'The Marvels' opened to just $21.5 million on its initial Friday, only outperforming 2008's 'The Incredible Hulk', which raked in less on its first day at the box office. However, industry analysts maintain this does not signify an overarching rejection of MCU by audiences.

Going forward, Disney DIS CEO Bob Iger has alluded to a strategic trimming of the studio's production slate. A cloud also hangs over Marvel Studios due to legal issues involving Jonathan Majors, who is set to play the MCU's next major antagonist, Kang.

These occurrences might serve as catalysts for reassessment within the studio, possibly affecting the MCU trajectory in terms of both creative vision and business operations.

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