This just in- want to make money on a Marvel title? LET MARVEL DO IT. Seriously. > http://www.hollywoodreporter.com/news/fantastic-four-could-lead-60-814324 > <http://www.hollywoodreporter.com/news/fantastic-four-could-lead-60-814324> > > 'Fantastic Four' Could Lead to $60 Million Write-Off for Fox > > > Fantastic Four could lead to more than a $60 million write-off for 21st > Century Fox, an analyst said in a research note. > > The $120 million movie directed by Josh Trank earned just $26 million > domestically its opening weekend. > > Fox had already warned that its film studio would not make as much in the > current year as it did in the prior year. > > Barton Crockett, an analyst at FBR & Co., said that Fantastic Four amounts to > "a negative start to Fox's already cautious forecast for a $200 million > year-over-year decline in studio segment profits in fiscal year 2016." > > Crockett had estimated the troubled film would debut at $27.7 million but it > couldn't even muster that much, a paltry figure compared with that of other > movies based on Marvel superheroes. > > In terms of domestic box office, the 2005 version of Fantastic Four, also > distributed by Fox, opened twice as well domestically as did the new version. > > The new one scored just a C– CinemaScore while the 10-year-old version got a > B. At RottenTomatoes.com, the 2015 Fantastic Four received just a 9 percent > fresh rating while the one from a decade earlier boasted 27 percent. > > Crockett blamed Fantastic Four for leading a 30 percent decline in the > weekend's box office compared with last year for the top dozen titles. > > In large part due to the poor performance of Fantastic Four over the weekend, > Crockett now estimates a 4.3 percent rise in domestic box office in the third > quarter, 280 basis points less than he had previously forecast. > > Also not helping the overall box-office numbers this quarter is The Weinstein > Co. pulling its animated Underdogs, which was to open next weekend. Crockett > estimated Underdogs would see a $40 million domestic run. > > Email: [email protected] > > Read More It's Been a Forgettable Year for the Fantastic Four > <//www.hollywoodreporter.com/heat-vision/been-a-forgettable-year-fantastic-813924>
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