‘Godzilla X Kong’ Off To Kingly Start Overseas, Storms China In Friday Debut – International Box Office

EXCLUSIVE: London-based Dogwoof has locked a series of international deals on Eternal You, a documentary about AI startups set to screen at this month’s Hot Docs Fest following a debut bow at Sundance.

Nick Vivarelli International Correspondent Ed Westwick (“Gossip Girl”), John Hannah (“The Mummy”) and British newcomer Alanah Bloor are set to join Turkish lead Can Yaman in “Sandokan,” Lux Vide’s reboot of the cult Italian TV series about the adventures of its titular pirate who, with his motley crew, fights against colonial powers in Southeast Asia. Shooting is set to start April 22 outside Rome on this high-end reboot of Italian writer Emilio Salgari’s exotic epic.

Refresh for latest…: As it crossed the $1B international box office milestone this past weekend, Warner Bros again owned the frame with Godzilla x Kong: The New Empire and its third session haul of $33.7M from 71 markets. That was good for a 47% drop from the previous weekend and lifts the overseas cume to $278.6M and global to $436.6M. Meanwhile, WB and Legendary’s other major title in the marketplace, Dune: Part Two, now has a shot at getting to $700M worldwide.

Led by Dune: Part Two and Godzilla x Kong: The New Empire, Warner Bros has crossed the $1B mark at the international box office, becoming the first studio to reach the milestone this year. Getting there in just 15 weeks, this also sets a new speed record for WB, besting the 17 weeks it took in 2018. The full international estimate through today is $1.04B.

The 19th edition of the International Youth Media Summit (IYMS) will be held in Zanzibar in July. 

EXCLUSIVE: CAA has laid off a number of staff in its global TV division and is centralizing the team to the U.S. and UK.

Patrick Frater Asia Bureau Chief “Snow in Midsummer,” which quietly probes the 1969 massacre of Malaysian Chinese during post-election turmoil, was named the winner of the best film for young cinema competition (Chinese-language) at the Hong Kong International Film Festival. Liang Ming was named best director for “Carefree Days,” while the film’s female lead Lyu Xingchen collected the best actress award.

Malaysia-Singapore-Taiwan co-production Snow in Midsummer and Swedish title Sons took top prizes in the Young Cinema Competition at the 48th Hong Kong International Film Festival (HKIFF).

Refresh for latest…: A busy holdover weekend for wide studio releases was led by the trio of Godzilla x Kong: The New Empire, Kung Fu Panda 4 and Dune: Part Two. And, in a soaring performance, Hayao Miyazaki’s Oscar winner The Boy and the Heron swooped into China helping the market set a new Qingming holiday record. 

Following a slightly stronger than projected first quarter at the international box office, and with some titles added to the release calendar later in the year, Gower Street Analytics has increased its global box office projection for 2024 to $32.3B.

Patrick Frater Asia Bureau Chief Worldwide box office is headed for a marginal decline of 3% in 2024, a setback that follows three years of recovery from a pandemic era low in 2020. Gower Street Analytics, a distribution and exhibition industry consultancy, forecasts that worldwide box office this year will aggregate at $32.3 billion, down by more than $1 billion from the $33.9 billion earned in 2023. “A $32.3 billion global box office in 2024 would represent an approximate 5% decrease year-on-year (a 3% decrease at current exchange rates) from 2023. The 2024 revised estimate is 18% lower than an average of the last three pre-pandemic years (2017-2019),” Gower Street said. The forecast comes on the eve of CinemaCon, the annual National Association of Theater Owners convention, being held in Las Vegas April 8-11. While Gower Street’s forecast is for a marginal decline, it actually represents a more than $1 billion improvement on its previous $31.5 million forecast for 2024.

Emiliano De Pablos Spain’s film and TV industries are in their second wave as standout content providers for global streamers. Some of the country’s most intriguing titles will take the international stage this weekend at MipTV in Cannes. Built on a foundation of hits such as “The Red Band Society,” “Grand Hotel,” “Velvet” and “Locked Up,” a new era of internationally renowned content creation in Spain kicked off in 2018 with Alex Pina’s blockbuster series “Money Heist,” picked up by Netflix.

Selena Kuznikov Although Fala Chen teams up with the massive Kong to battle against a humongous hidden creature in “Godzilla x Kong: The New Empire,” a minuscule monster snuck up on her at the premiere. “I got stung by a bee, but it’s okay,” Chen said. “I saw it on the carpet and was like ‘Oh there’s a bee, I should try to get rid of it,’ and then it stung me.” The TCL Chinese Theater and a portion of Hollywood Boulevard was transformed into a jungle wonderland on Monday for the premiere of the film.

Rebecca Rubin Film and Media Reporter After three days of release, “Godzilla x Kong: The New Empire” stands as the third-highest-grossing movie of the year. It has collected a mighty $194 million globally in its opening weekend, ranking behind only “Dune: Part Two” ($626 million after five weeks of release) and “Kung Fu Panda 4” ($347 million after four weeks of release) in terms of overall ticket sales. The monster mashup, from Warner Bros.

Nothing says Easter tentpole quite like Godzilla x Kong: The New Empire which is set to conquer the world with a box office debut around $135M, bolstered by 63 foreign markets and 3,850 theaters stateside.

The world premiere of Godzilla x Kong: The New Empire is here!

Universal/DreamWorks Animation’s Kung Fu Panda 4 had a rock ‘em sock ‘em weekend at the international box office, adding $55.3M from 69 markets for a $135M overseas running cume, and $268.2M global (there are several key markets still to release, including France, Australia, the UK and Korea). 

Patrick Frater Asia Bureau Chief China’s social media, games and video giant Tencent saw 2023 revenues advance by 10% to $84.6 billion (RMB609 billion). But its net profits slid to $16.3 billion (RMB118 billion), down from $26.3 billion a year earlier. The group is directly affected by weakness in the mainland Chinese economy, which has recovered only slowly since the end of the COVID pandemic, and by ongoing regulatory concerns.

Coming out of the weekend, and with Sunday’s actuals and Monday’s numbers included, there are new global milestones to celebrate for the two major Hollywood titles currently in release.

Paramount+‘s international ad-tier plans are coming together.