International Box Office Ready to Reap the Rewards of Hollywood’s Summer of Sequels

Patrick Frater Asia Bureau Chief Chinese mystery drama “Lost in the Stars” was the top-grossing film on the planet over the latest weekend – despite playing only a single territory. The film earned $70.7 million (RMB502 million) between Friday and Sunday in mainland China, according to data from consultancy Artisan Gateway. That put it far and away ahead of other Chinese new releases and Hollywood’s holdovers “Transformers: Rise of the Beasts” and “The Flash.” With the Dragon Boat Festival holiday occurring on Thursday, the film was given an unusual one-day advance on the normal releasing pattern in China. Including Thursday takings, the film made a total of $98.3 million (RMB968 million).

Patrick Frater Asia Bureau Chief Pixar animation “Elemental” rose to the top of the South Korean box office over the latest weekend. It overtook “The Roundup: No Way Out” and kept new release “Spider-Man: Across the Spider-Verse” at bay, in third place. Released a week earlier, “Elemental” rose from second place to first and grew its revenue by 19% in its second frame. According to data from Kobis, the tracking service operated by the Korean Film Council, “Elemental” earned $3.86 million between Friday and Sunday for a 12-day cumulative of $9.47 million. “The Roundup: No Way Out,” which had dominated the sector for the previous three weekends, slipped to second position. It earned $3.34 million over the weekend, a 34% week-on-week decline. Since releasing on May 31, it has amassed $73.2 million, from 9.67 million ticket sales, by far the biggest haul of any film released this calendar year.

Refresh for latest...: After two major studio movies bowed last weekend, this session was one of holdovers for Hollywood with mixed results.

Rebecca Rubin Film and Media Reporter “The Flash” continues to stumble at the box office, collecting $26.6 million from 78 international territories over the weekend and bringing its overseas tally to just $123.3 million. The Warner Bros. comic book movie, starring Ezra Miller as the eponymous, timeline-spanning speedster, has grossed $210.9 million globally, including a lousy $87 million at the domestic box office. It’s far less than what a film of its size and scope — it cost $200 million to make and another $100 million to market — needs to break even in its theatrical run. China is leading the foreign territories with a lackluster $23.6 million followed by Mexico with $14.4 million and the United Kingdom with $8.5 million.

Patrick Frater Asia Bureau Chief “The Twelve,” an award-winning Australian crime drama series, has been greenlighted for a second season. It is backed by the Foxtel group and its streaming brand Binge. The show follows a controversial murder trial seen through the lens of the jurors, twelve ordinary Australians who are facing their own realities and struggles. The first season received ten nominations, and won three AACTA Awards in 2022 including best miniseries. In recent days, it became the most nominated drama series at the 63rd TV Week Logie Awards. Season two of “The Twelve” will be eight 1-hour episodes written by Sarah Walker, Anchuli Felicia King, Anya Beyersdorf and Anna Barnes. Local authorities in Western Australia described it as the state’s “biggest-ever screen production,” but divulged no specifics on budget. Filming will take place in the Wheatbelt and Metropolitan regions and create over 100 local jobs, the state government said.

Patrick Frater Asia Bureau Chief NBCUniversal is to expand its One Platform advertising, technology, data and measurement system further into global markets through an alliance with international broadcast and tech partners. The move was announced on Tuesday at the Cannes Lions advertising convention in Cannes, France.International partners include Atresmedia from Spain, Bell Media from Canada, Channel 4 from the U.K., Mediaset from Italy, Seven West Media from Australia, Sky Media from the U.K., Italy and Germany, and Talpa from the Netherlands, TF1 Pub of France, Japan’s Tokyo Broadcasting Systems and Omnicom Media Group. “By bringing together leading local broadcasters and publishers across the world, NBCUniversal seeks to enhance the premium video ecosystem and build the foundation for greater industry advancement and collaboration at an international level, across data and identity, activation and automation, ad innovation, and measurement,” NBCUniversal explained in a statement.

Patrick Frater Asia Bureau Chief Asia Satellite Telecommunications (AsiaSat), a leading operator of satellites, has moved into content distribution with the acquisition of Hong Kong- and U.K.-based TV distributor Lightning International. The diversification was described by AsiaSat as “a strategic move to expand the company’s services and extend its clients’ reach to global audiences through traditional and new distribution platforms including OTT and FAST.” AsiaSat is known to be acquiring 100% of Lightning International, but other deal terms were not disclosed.

Naman Ramachandran “Adipurush,” director Om Raut’s retelling of Indian mythological epic “Ramayana,” emerged the fifth highest box office earner in the world in its opening weekend, despite some mixed reviews at home. The film, which stars Prabhas (the Baahubali franchise), Kriti Sanon (“Bhediya”) and Saif Ali Khan (“Vikram Vedha”), opened on June 16 worldwide in Hindi, Telugu Tamil, Malayalam and Kannada-language versions. Raut’s storytelling, which uses modern techniques to retell the ancient epic, divided critics, but evidently had little dissuasive effect on audiences. “Adipurush” scored a $2.5 million weekend in India and $30.6 million internationally, making it the fifth highest weekend grosser after “The Flash,” “Transformers: Rise of the Beasts,” “Spider-Man: Across the Spider-Verse” and “Elemental,” according to numbers released by Comscore. It was the second highest Indian worldwide opener of the year after Shah Rukh Khan’s “Pathaan” and the fifth highest Indian opener of all time after “Baahubali 2: The Conclusion,” “RRR,” “K.G.F: Chapter 2” and “Pathaan.”

Patrick Frater Asia Bureau Chief Korean blockbuster “The Roundup: No Way Out” suffered a 50% week-on-week decline, but it was still strong enough to see a pair of Hollywood newcomers. The third part of the Don Lee-starring Roundup franchise, “No Way Out” earned $5.16 million between Friday and Sunday, according to data from Kobis, the tracking service operated by the Korean Film Council. It accounted for a 42% share of the market and attracted 650,000 additional spectators.

Patrick Frater Asia Bureau Chief Warner Bros.’s “The Flash” and Disney/Pixar’s “Elemental” made theatrical debuts in China that were in line with their soft starts in North America and other international territories. “The Flash” captured the top spot in China with a $13.4 million (RMB94.8 million) opening weekend ($13.8 million including previews), according to data from consultancy Artisan Gateway. It deposed “Transformers: Rise of the Beasts” which opened a week earlier and which slipped to second place in its sophomore frame. “Transformers” took a 69% fall and recorded $12.4 million between Friday and Sunday in China. That produces a $61.7 million cumulative after ten days in Chinese theaters.

Patrick Frater Asia Bureau Chief After a golden age in the 1980s, Chinese filmmakers were quietly discouraged from dabbling in the sci-fi genre – it isn’t real science and authorities did not want youngsters to get confused. That stance changed during the last decade and the Shanghai International Film Festival has just hosted its first sci-fi week, comprising nearly a dozen film screenings and a trio of panel discussions featuring the new luminaries in the sector. Reasons for the revised position of China’s authorities are not hard to understand. Not only was Hollywood getting away with dominating a genre that was popular with Chinese audiences, China in the 21st century has become a global technology powerhouse. Its space program, in particular, is now among the most advanced, capable of a normalized rocket launch schedule, international co-operation and lunar and interplanetary missions.

Rebecca Rubin Film and Media Reporter After struggling at the domestic box office, this weekend’s two major releases — the Warner Bros. superhero adaptation “The Flash” and Disney’s Pixar adventure “Elemental” — failed to catch fire with international audiences. “The Flash” pulled in $75 million in its international box office debut, which doesn’t sound all that bad… except when considering the movie is available in 78 overseas markets. That means it failed to hit $1 million in the vast majority of the territories in play. China led the way with a lackluster $13.8 million, followed by Mexico with $9.4 million, the United Kingdom with $5.3 million, Korea with $3.7 million and Brazil with $3.5 million.

Refresh for latest…: Warner Bros/DC’s The Flash sped into 78 overseas markets this weekend, grossing $75M, below the $85M-$95M we saw coming into the frame. With domestic’s slow-crawl three-day included, that makes for a $139M global opening. This is lower than projections, with general audiences not rushing out to see the deeper universe pic.

Patrick Frater Asia Bureau Chief Disney is to close its six remaining linear TV channels in Southeast Asia, Hong Kong, Taiwan and Korea as the conglomerate puts a greater emphasis on direct-to-consumer streaming. The channels concerned are National Geographic, National Geographic Wild, Star Chinese Movies, Star Chinese Channel, Star Movies and Star World. Linear services will end from September in Southeast Asia, Hong Kong and Korea, and by December in Taiwan. The group expects to retain a streamlined television portfolio with channels in Japan, China, Australia and New Zealand for the time being.

Patrick Frater Asia Bureau Chief “Transformers: Rise of the Beasts” enjoyed a $38.9 million (RMB276 million) opening weekend in mainland China. The score was comfortably the biggest by any film between Friday and Sunday and the second biggest opening by a Hollywood film this year in the territory. Data from consultancy firm Artisan Gateway suggests that the film accounted for some 63% of China’s nationwide gross box office over the weekend. Giant screen systems provider, Imax reported that the film earned $5.9 million of the total from its screen network in China, or some 15% of the China total.

Rebecca Rubin Film and Media Reporter “Transformers: Rise of the Beasts” kicked off at the international box office with $110 million from 68 markets, including a decent $40 million start in China. The seventh installment in Paramount’s action franchise also pulled in $60 million in its North American debut, bringing its worldwide tally to a solid $170 million. Overseas audiences will be key to the theatrical success of “Transformers,” which cost $200 million. Prior entries in the 16-year-old series have earned as much as 70% of overall box office returns outside of the U.S. and Canada. At the international box office, ticket sales for “Rise of the Beasts” are pacing 32% below “Bumblebee,” which is the most recent entry in the series. The newest chapter has managed to set franchise records in eight smaller markets, including Indonesia, Argentina and Peru. The Autobots will take the box office milestones where they can get them.

Paramount/Skydance/Hasbro’s Transformers: Rise of the Beasts is on the prowl overseas with $43.3M through Friday in 68 markets. This portends a $100M+ international box office debut, in line with projections. The domestic three-day is looking at $60M.

Patrick Frater Asia Bureau Chief Big-budget period action film “The Sand Murmurs” is set to start production in China’s remote region of Xinjiang later this month. The film is the tale of a soldier and an enemy nobleman brought together after a once-in-a-century sandstorm. After braving a near-death experience together, the pair find common purpose despite their differences. They also need to work together to find their way out across 800km of desert. The picture is directed by Wu Youyin as an adaptation of his novel of the same title. Wu previously wrote and directed “Till The End of the World,” which released in 2018.

The box office for “The Super Mario Bros. Movie” just keeps on growing, and the film has just hit another major milestone.

Reaction is coming in after the Directors Guild and Alliance of Motion Picture and Television Producers reached a tentative deal on a new three-year contract late Saturday night. Striking writers express some disappointment in their sister union while showing resolve in their own fight for a fair deal with the studios.