Update, Monday: Box Office Mojo has updated their estimate to $53.2 million for the weekend.
Update, Sunday: Looks like the negative reviews (and/or possible poor word of mouth) might have ended up hurting Green Lantern after all, with estimates placing the film at $52.7 million for the weekend according to Box Office Mojo, behind this year’s openings of both X-Men: First Class ($55.1m) and Thor ($65.7m).
According to Deadline.com, that’s a 21 percent drop from Friday to Saturday. Deadline goes on to speculate the reasons behind Green Lantern‘s performance, even mentioning co-producer — and superstar comic book writer/DC chief creative officer — Geoff Johns, saying, “he’s respected but also controversial in some quarters.” The site surmises that “the problem sounds like it was filmmaking by committee,” and that director Martin Campbell is the likely studio scapegoat.
Green Lantern‘s get a tough rough ahead, with Cars 2 opening next weekend, and Transformers: Dark of the Moon a few days after that. A similar performance to Watchmen, also based on a DC Comic, could be seen as a potential worst case scenario — that movie opened with $55.m, making one-fifth of its ultimate gross on its opening day, and more than half of its cumulative total in its first weekend, for a sum of $107.5m domestic.
X-Men: First Class came in at No. 4 for the weekend, bringing in $11.5m for a $119.9m total. In its seventh week of release, Thor slipped out of the top 10, coming in at No. 11 with $1.1m added to a $176.1m total.
Original Story: Bad reviews — culminating in a dismal 24 percent score on Rotten Tomatoes — didn’t keep Green Lantern from achieving at the box office on its first day of release, ending up with a $21.6 million Friday according to Box Office Mojo.
That puts it on track for a $60m opening weekend, better than X-Men: First Class ($55.1m) but below Thor ($65.7m). Speaking of X-Men: First Class, it’s hanging tough at No. 4 after Friday, and Thor — on its way out of theaters at this point — has slipped to No. 12.
Given Green Lantern’s massive budget — rumored to be as high as $300 million including marketing — the true test for the film will be how it holds over into its second weekend, where it’ll be up against Pixar’s Cars 2.
We’ll update with weekend studio estimates on Sunday. Want plenty more Green Lantern coverage? Head over here.