‘Fantastic Beasts: The Secrets Of Dumbledore’ Eyeing $50M+ In Early Offshore Reveal – International Box Office Preview
07.04.2022 - 00:37
/ deadline.com
Warner Bros’ Fantastic Beasts: The Secrets Of Dumbledore is releasing ahead of domestic in 22 international box office markets this weekend, beginning in Holland and Belgium today and including the UK, Australia, Germany, Japan, Spain and China through Friday. The latter, unfortunately, is not expected to serve up any magic given significant cinema closures.
Currently, estimates for the early offshore release are in the mid-$50M range. That’s down compared to the previous two films in the Wizarding World spinoff series. Fantastic Beasts And Where To Find Them and Fantastic Beasts: The Crimes Of Grindelwald in like-for-like markets and at today’s rates opened to $120M and $115M, respectively. Those films had gone out in a November corridor and played into Christmas, finaling at $580M and $495M internationally.
Again, China is a big drag this time around; the market contributed about a third of the opening grosses on the earlier movies. I understand Warners would have happily moved the PRC date on The Secrets Of Dumbledore, but that simply wasn’t an option given how releasing films there works. The threequel is nevertheless leading pre-sales in the market for the weekend.
The Secrets Of Dumbledore is currently carrying a 60% Fresh score on Rotten Tomatoes (read Deadline’s review here) and is opening across school holidays in many of its overseas plays. That portends perhaps less of an urgency to rush out at the weekend, with weekdays expected to be stronger. New family product has been scarce of late, and desire is there — Paramount’s Sonic The Hedgehog 2 did strong business in its early release last frame, getting out ahead of this Fantastic Beasts and expanding in the coming session to Mexico, Brazil and Italy, notably.
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