Beyonce’s Renaissance concert film has broken several records and has topped the box office collection with a $21 Million debut.
Beyonce’s ‘Renaissance’ Concert Film Tops Box Office With $21 Million Debut |
With $21 million, Beyonce's Renaissance concert film leads the box office. It is worth noting that the $21 million mark was barely less than the $24.2 million weekend record set by Tom Cruise's The Last Samurai 20 years before. The performance set the stage for an overall weekend total of $95 million, the most for the first weekend in December since 2018.
Beyonce’s ‘Renaissance’ Concert Film Tops Box Office With $21 Million Debut
The latest box office diva is Queen Bey. Beyoncé wrote, filmed, and produced the concert film "Renaissance," which defied predictions by taking the top spot at the domestic box office with a $21 million opening weekend.
What might have seemed like an unsuccessful start to December, we got "Renaissance" giving an impressive box office payout. The weekend after Thanksgiving is known for being a notoriously slow time for moviegoers. Still, this weekend marks the first time in 20 years that a film has opened to more than $20 million, according to its distributor AMC Theatres.
Becoming one of the best debuts for a concert film, Beyonce's Renaissance concert film ticket sales rank alongside Taylor Swift's "The Eras Tour" ($92.9 million), Miley Cyrus and Hannah Montana: Best of Both Worlds Concert ($31.1 million), Justin Bieber: Never Say Never, and Michael Jackson: This Is It ($23.2 million).
Regarding the massive box office success, David A. Gross, the head of Franchise Entertainment Research, a movie research company says, "This is an excellent domestic opening for a concert film. There are natural comparisons to Taylor Swift’s recent film, but these are very different artists and audiences."
Though it didn't perform similarly in the global market, the two-hour, 49-minute concert film nevertheless raised an astonishing $8,270 per screen on average. "Renaissance" defied expectations when it opened to a meager $6.4 million in 94 markets abroad. With a worldwide debut total of $27.4 million from an undisclosed budget, the movie only made $6.4 million in overseas countries.
The $21 million total fell a little short of the record set by Tom Cruise's The Last Samurai 20 years ago, which stood at $24.2 million. This made the total particularly noteworthy for the first weekend of December, which is often a slow weekend.
Similar to Swift's "The Eras Tour," which has brought in $250 million worldwide since October, "Renaissance" is special since it's not being distributed by a typical studio but rather by the exhibitor AMC Theatres. About half of the box office proceeds go to Beyoncé; exhibitors keep the other proceeds, and AMC receives a tiny distribution fee.
Naturally, movie theater ticket sales are dull in comparison to the success of the actual tour, which is said to have brought in a whopping $579 million globally. Still, this year's first December weekend frame, totaling $95 million, was made possible by the concert.
Additionally, at the box office, the "Hunger Games" prequel slipped to second place, generating $14.3 million from 3,691 theaters during its third weekend in theaters. And a surprise contender, "Godzilla Minus One," made an unexpected entrance at third place, grossing $11 million from 2,308 screens.
"Trolls Band Together" took the fourth position, gathering $7.6 million from 3,613 venues in its third weekend on screen and Disney's family-friendly film "Wish" rounded out the top five, securing $7.4 million from 3,900 locations in its second weekend.
Ridley Scott's "Napoleon" fell to sixth place, earning $7.1 million from 3,500 theaters over the weekend, representing a significant 66% drop from its debut. Moreover, a nationwide release this weekend, "The Shift," secured the eighth spot with $4.2 million from 2,405 locations, and "Silent Night," earned $3 million from 1,870 theaters and landed in ninth place.
Completing the top 10 were "Napoleon" with $7.1 million ($45.7 million domestic), "Animal" with $6.1 million, "The Shift" with $4.3 million, "Silent Night" with $3 million, and "Thanksgiving" with $2.6 million.
Napoleon's title character is played by Joaquin Phoenix |
Elsewhere, Disney's "The Marvels" is losing momentum, reaching $80 million domestically after four weeks in theaters. Globally, it has earned $197 million, making it the lowest-grossing MCU movie to date, trailing behind 2008's "The Incredible Hulk" ($264 million).
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