Everyone is talking about it, but nobody is actually seeing it in theaters. How could someone use that much money and still fail to create a final product worth raving about? Stephen King Fans Are Dying to Get These Masks. Variety and the Flying V logos are trademarks of Variety Media, LLC. Cats is a bad movie. News | Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Why Is 'Saturday Night Live' Suddenly Booking So Many Older Rock Bands? For starters, it introduced itself with a catnip-fueled nightmare of a trailer. That’s not even counting animated offerings like The Princess and the Frog ($224 million) and Alvin and the Chipmunks: The Squeakquel ($443 million) in 2009, Tangled ($600 million) in 2010, Frozen ($1.276 billion) in 2013, Moana ($690 million) and Sing ($562 million) in 2016 and Frozen II ($1.2 billion in 2019). Movie theaters are reopening. “Cats,” the big-screen adaptation of Andrew Lloyd Webber’s smash musical, has been the subject of much internet scrutiny since Universal first debuted footage over summer. Cats bombed in the box office with a $6.5 million opening. Both reviews and social media reactions are embargoed until Dec. 18, potentially a move to control online chatter. Overall, Cats’ chances of redemption do not look paw-sitive. “Cats” is hoping to find itself in that company rather than the ignominious group of popular musicals-turned-movies like “Rent” ($31 million) and “Rock of Ages” ($59 million) that were seen as derivative. Failure at the box office is likely to come as a surprise to Universal. All times are ET. Negative reviews of the film, however, have become almost an art form. IMDb I've studied the film industry, both academically and informally, and with an emphasis in box office analysis, for nearly 30 years. Earnings for its film unit decreased 49% in the quarter and box office revenue declined nearly 60%, The company noted that its comparable quarter, the fourth quarter of 2018, had hit films like ". Bohemian Rhapsody earned over $900m(£680m) globally, Les Misérables $441m (£333m), and The Greatest Showman, a sleeper hit, $435m (£329m). The late 2010 release grossed $139 million domestic and $414 million worldwide on a $15 million budget. In retrospect, we can chalk up its failure to miserable reviews, the lack of marquee characters, the fact that the IP wasn’t all that beloved and the idea that Cats was a case of “awareness doesn’t equal interest.” Nonetheless, sans hindsight, a big-n-splashy family-friendly musical bombing over Christmas is something that almost never happens. During an interview, James Corden, who plays Bustopher Jones, admitted he has not seen the film and “heard it’s terrible”. Weekend | Comcast debuted its answer to cord-cutting, which has consumers trading in cable for streaming and online viewing, with. Plus, seeing Jason Derulo as a full size-cat cloaked in digital fur, even sans his junk, left movie-going audiences deeply uncomforted. Critics tore the movie apart with an onslaught of negative critical reviews, calling it “declawed”, “a triumphant disaster”, and “a future punchline”. Movie theaters are reopening. All rights reserved. “The Greatest Showman” was essentially written off after bowing with a soft $8.8 million in 2017. (The following are domestic box office figures via Box Office Mojo.) Of course, since Cats only cost $95 million, a performance akin to Momma Mia! He writes: “As they gaze at the greenscreen and sashay and crawl/ It’s weird to behold them all gurning and acting/And why do so many resemble Darth Maul?” Other critics have described it as “a descent into madness” and a “sight no humans should see”. and Cats appears set to make movie hiss-tory – as a major box office failure for Universal Pictures.. Meanwhile, movie theaters will be crowded with everything from family films like “Jumanji: The Next Level” to awards hopefuls such as “Little Women.” However, holiday releases tend to have big multiples since people often visit their local multiplex more than once between Christmas and New Year’s. Some have disappointed (Phantom of the Opera in 2004, Rent in 2005, Nine in 2009), but even the softer performers (Sweeney Todd in 2007, Annie in 2014) held their own alongside the year-end biggies. The company's stock was down as much as 3.5% on Thursday due to concerns about the possibility of more cable subscriber losses ahead. It’ll take all kinds to fuel the lengthy theatrical run needed for “Cats” to turn a profit. company. Cats. ‘Can't believe the negative publicity’: your reviews of Cats. Box office watchers aren’t betting against “Cats,” and not just because the stage version has been a draw for decades. The news was brighter elsewhere in Comcast's earnings on Thursday. Don’t faint from surprise when we tell you, but Cats bombed at the box office with a $6.5 million opening. It cost $100 million to produce and lost at least $70 million for Universal, according to. As anticipation for the cinematic spectacle heightens ahead of its Dec. 20 release, “Cats” is still on pace to make $15 million to $17 million in its inaugural outing. All Rights Reserved, This is a BETA experience. Like, really, really bad. For a minute there, it seemed like Cats could become a hit thanks to its star-studded cast: Taylor Swift, Judi Dench, Ian McKellen, Idris Elba, Jennifer Hudson, Jason Derulo, Rebel Wilson, James Corden, and Grumpy Cat herself. International | Yes, I would argue that Cats is a surprise flop. After the Christmas 2012 success of Les Miz, it wasn’t exactly the craziest idea in the world to give him $95 million to make a family-friendly, star-studded adaptation of Andrew Lloyd Webber’s long-running stage show. Lionsgate’s “Bombshell,” a drama about the female Fox News anchors who went public with sexual harassment allegations against Roger Ailes, is launching nationwide the same weekend. James Corden, Laurie Davidson, and Francesca Hayward in Tom Hooper's 'Cats'. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Will curiosity for the art form now known in popular culture as “digital fur technology” translate into commercial success? All Time | It was a very well-known IP. Fantasy The critically panned film, which had a reported budget of $95m (£72m), made only $6.62m (£5m) during its opening weekend and is projected to lose Universal at least $70m (£53m), the LA Times reports – while Deadline reports the project could lose at least $71m (£54m) and Variety reports it could lose up to $100m (£76m). Factset: FactSet Research Systems Inc.2018. 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Tom Hooper’s adaptation of Andrew Lloyd Weber’s classic Broadway show fell well short its projected debut of $15-20 million, placing it the No. © Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. The film costs much less than the $170 million spent on Mary Poppins Returns and it was scheduled alongside The Rise of Skywalker in the hopes of mimicking Mamma Mia!’s triumph alongside The Dark Knight in the summer of 2008. "1917" is also a critical darling. It is still the biggest-grossing Best Picture winner, in global box office, since The Lord of the Rings: The Return of the King ($1.1 billion in 2003). But then the film became its own worst enemy when it came to luring an audience in. Despite the great renaissance of musicals at the box office following 2002’s Oscar Best Picture winner Chicago ($306M-plus WW), sometimes the … The Universal Pictures film is bound for the litter box as one of 2019’s biggest flops, Last modified on Thu 2 Jan 2020 07.36 AEDT. Scott Mendelson Contributor. Most stock quote data provided by BATS. “Though opening against ‘Rise of Skywalker’ may not deliver immediate perceived dividends,” Dergarabedian predicts, “patience, time and audience enthusiasm could turn the film into a marathon-style hit that will play well into 2020.”. And who could forget the in-your-face collaboration between Swift and Webber, “Beautiful Ghosts”? earned $144 million domestic and $609 million worldwide. Domestic. All rights reserved. Instead, the filmmaking team behind the box office disaster got a lump of coal. The director claimed he was rushing to finish the movie in the 36 hours leading up to its premiere. Box Office Mojo and IMDb are trademarks or registered trademarks of IMDb.com, Inc. or its affiliates. Outside of Golden Globe voters (who didn’t show much love Monday save for a lone best song nomination for Taylor Swift and Webber), very few have seen “Cats” in its entirety, so it’s impossible to know what word of mouth looks like. BoxOfficeMojo.com by IMDbPro - an You may opt-out by. Of course, it doesn’t help that the original script is, well, deeply bizarre. Even domestic gross like Annie ($85 million) with overseas numbers like Mary Poppins Returns ($177 million) would have been fine. 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Should Saturday Night Live Replace This Actor as Joe Biden? Adaptation Musical Performance Play Adaptation. As many expected, the movie adaptation of the musical Cats turned out to be the terrifying CGI-fest that no one was asking for - and its box office receipts really hammer home the failure. Universal positioned the film as counter-programming against “Star Wars: The Rise of Skywalker,” and Disney’s final chapter in the Skywalker saga is projected to land one of the biggest opening weekends of the year. This was thanks in large part to its broadband service. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. ... Related Stories Similar Movies. With No Time to Die, Fast & Furious 9 and Minions 2: The Rise of Gru set to give Disney a fight this Spring/Summer, Cats and even the likely disaster that is Dolittle may be about as damaging to Universal as was Disney’s John Carter just two months before The Avengers. Things are off to better start for Universal in 2020. Musicals are a polarizing genre, making it tricky when it comes to predicting box office fortunes. Cats may be something of a punchline among theater nerds and/or artistic snobs, but the damn thing ran for 25 years in London and on Broadway. Showdowns. 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Finally, Bombshell is expanding wide, but it looks like it won’t be a major factor at the box office this weekend and will have to rely on long legs to carry it to profitability. Daily | This would make the film one of the biggest box office flops of 2019. All rights reserved. Cats’ dismal box office performance – it’s headed for a hundred million dollar loss – is just further evidence that the folks that made it never understood why the original was so popular in the first place.
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