'Transformers: The Last Knight' debuts to a franchise low

Lawrence Kim
June 26, 2017

The fifth installment of the blockbuster franchise took in US$45.3 million in its opening weekend but opened to a franchise low - the first Transformers movie not to premier to US$100 million or more.

However the movie, starring Mark Wahlberg, Laura Haddock, Anthony Hopkins and giant mechanical robots, went down well overseas. The United Kingdom, Russia, Korea, Australia and Germany all saw a dip in revenue compared to the series' previous entry, Transformers: Age of Extinction, which went on to cash in the highest global return of any film in 2014. The franchise started its run 10 years ago and has generated 3.8 billion US dollars in global box office across the first four films and with an average of about 65 percent of the box office earned in the worldwide markets.

In fact, Disney's Cars 3 in its second weekend finished in a tie with Wonder Woman's fourth weekend.

Almost a month after opening, Wonder Woman continues to be a major draw. It also became the top-grossing live-action movie to be directed by a woman, passing "Mamma Mia". The Tupac biopic, which did not generate the best reception upon its release, tumbled 77.9 percent in its second weekend and brought in $5.8 million. Focus Features' The Beguiled remake also opened strong with $240,545 from four theaters for a $60,136, Vertical Entertainment's Alien Arrival, which will debut alongside Neon's The Bad Batch, Indican's A Beginner's Guide to Snuff, while Neon's The Bad Batch opened with $91,074 from 30 theaters for a middling $3,036 per-screen average and the Abramorama documentary Food Evolution earned $3,311 from one theater. Yet, it's at $677.8 worldwide, which is more than the very well-received Wonder Woman.

In sixth is The Mummy with $5.8 million. The film, which opened in limited release, has brought in an estimated $435,000 from five locations with a per-screen average of $87,000. "Transformers" cost at least $350 million to make and market worldwide, with the cost shouldered by Paramount and a variety of financing partners, including the Chinese film company Huahua Media.

"Guardians of the Galaxy Vol. 2", $3 million.

As you can see, a low opening doesn't account for much these days. Pirates of the Caribbean is in the same boat as Transformers, with just about $160 million at the box office.

Coming in eighth is Rough Night. The movie is on track for breaking the 1 million mark in attendance, with 989,123 recorded viewers so far.

Other reports by Click Lancashire

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