‘Kung Fu Panda 4’ Nears $300M Global; ‘Dune 2’ Closing In On $600M; ‘Ghostbusters: Frozen Empire’ Traps $16M+ In Phase 1 Overseas Bow – International Box Office

Patrick Frater Asia Bureau Chief Korea’s second largest generalist film event the Jeonju International Film Festival has set eight fiction films by first or second-time feature directors, for its main competition. They are “Cu Li Never Cries,” by Pham Ngoc Lan; “Junkyard Dog,” by Jean-Baptiste Durand, “La Palisiada,” by Philip Sotnychenko; “My Endless Numbered Days,” by Shaun Neo; “Oxygen Station,” by Ivan Tymchenko; “Practice,” by Laurens Perol; “The Major Tones,” by Ingrid Pokropek; and “The Permanent Picture,” by Laura Ferres. Additionally, two documentary features also compete: “After the Snowmelt,” directed by Lo Yi-Shan and “Kix,” by Balint Revesz and David Mikulan. The COVID-pandemic continues to affect filmmaking and festival selection, organizers said. “Even films planned to be made beforehand had to extend their production period due to the pandemic, and many works highlighted the limitations of the production environments, such as smaller cast numbers and minimal locations,” said chief programmer Chun Jinsu. The festival runs May 1-10 in Jeonju, a major town on South Korea’s west coast.

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.

Leo Barraclough International Features Editor Leading European distributor Global Screen, part of Telepool, has secured further international sales of high-end drama “Davos 1917” at MipTV. New acquisitions of the six-part thriller include SBS Australia, TVP in Poland and Big Tree Entertainment in India and the subcontinent. “Davos 1917,” which launched at the end of last year on SRF in Switzerland and ARD in Germany, has already been bought by a strong lineup of premium international broadcasters and streamers across North America, Europe and Asia.

EXCLUSIVE: Israel’s Keshet International (KI) has struck its latest co-development deal, a partnership with British presenter Bettany Hughes‘ indie SandStone Global.

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.

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.

Elsa Keslassy International Correspondent With one week to go before the press conference unveiling the 77th Cannes Film Festival Official Selection, director Thierry Fremaux is pledging to remain zen — despite wrestling with submission delays, reverberations of Hollywood’s double strikes and high expectations after last year’s edition unveiled Oscar winners “The Zone of Interest” and “Anatomy of a Fall.” This year’s edition is already heating up, with George Miller’s “Furiosa: A Mad Max Saga” confirmed to premiere at the festival and Quentin Dupieux’s “A Second Act,” starring Léa Seydoux, set as the opening night film. In his first and only interview ahead of the lineup reveal, Fremaux tells Variety all about this year’s edition, including his hopes to welcome back Francis Ford Coppola with “Megalopolis” and Yorgos Lanthimos with “Kinds of Kindness,” his appeal to Ted Sarandos to lure Netflix back on the Croisette, his stance on France’s new #MeToo reckoning, the presence of female directors at the festival and how geopolitical turmoil may shape the Official Selection. Last year was a milestone year for the Cannes Film Festival. How did you approach this year’s lineup, and how many films have been selected so far? The unanimous feedback we got is that 2023 was a really great year.

BBC Studios Launches First Kids Streamer In Korea

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.

Warner Bros/Legendary Entertainment’s Godzilla x Kong: The New Empire is out and roaring at the international box office, generating $15.9M from 49 markets through its first two days overseas (Wed/Thurs). Not included in that total is the strong China opening day today which came in at an estimated RMB 96.9M ($13.4M).

Elsa Keslassy International Correspondent “Dahomey,” the Berlinale Golden Bear-winning film helmed by French-Senegalese director Mati Diop, has been sold to a raft of international territories by Les Films du Losange. Along with being acquired by Mubi in key markets, “Dahomey” has been acquired in Australia & New Zealand (Rialto), China (Hugoeast), Spain (Filmin), Portugal (Nitrato Filmes), Greece (One From the Heart), Scandinavia (NonStop Entertainement), Benelux (Cinéart), Bulgaria (Beta Films), Ex-Yugoslavia (Discovery), Hungary (Mozinet), Czech Republic (Film Europe), Romania (Voodoo), Baltic Countries (Taip Toliau), Poland (New Horizons), Ukraine (Kyivmusicfilm), Taiwan (Joint Entertainment), Indonesia (PT Falcon) and Sudu Connexion in Africa.

With a $45.5 million haul at the box office this weekend, “Ghostbusters: Frozen Empire” is the number one film in the country, and the Ghostbusters are back. While it remains to be seen if there will be a sequel—‘Frozen Empire’ cost $100 million, so it’ll need to make much more than “Ghostbusters: Afterlife”— fans will still have plenty of modern material to keep them happy if audiences want them.

Naman Ramachandran The first edition of India’s Cinevesture International Film Festival and market (Chandigarh, March 27-31) will feature a range of masterclasses and panels headlined by a range of luminaries including filmmakers Shekhar Kapur (“What’s Love Got to Do with It?”) and Karan Johar (“Rocky Aur Rani Kii Prem Kahaani”). The lineup also includes actors Jaideep Ahlawat (“Paatal Lok”), Roshan Mathew (“Paradise”), Suvinder Vicky (“Kohrra”), Rajshri Deshpande (“Trial by Fire”), Boman Irani (“Dunki”), Rasika Dugal (“Mirzapur”), Abhay Deol (“Trial by Fire”), actor-producers Richa Chadha and Ali Fazal (“Girls Will be Girls”), filmmakers Tahira Kashyap (“Sharmajee Ki Beti”), Sudhir Mishra (“Tanaav”), Ajitpal Singh (“Tabbar”), Anurag Singh (“Kesri”) and Saugata Mukherjee, head of content at streamer SonyLiv.

Papa Johns is set to close 43 of its UK stores, including four in north west England.

Club football may be on pause at the moment but that doesn't mean Manchester United's star men have had their feet up.

“Ghostbusters: Frozen Empire” collected $45.2 million in ticket sales over the weekend, according to studio estimates Sunday, handing Sony Pictures the studio’s first No. 1 film since last summer.The opening weekend for “Frozen Empire,” in 4,345 theaters, was nearly exactly the same as the $44 million launch for “Ghostbusters: Afterlife” in 2021.“Afterlife” rebooted the franchise with a sequel built around the descendants (Carrie Coon, Finn Wolfhard, Mckenna Grace) of Harold Ramis’ Egon Spengler, along with Paul Rudd’s seismologist Gary Grooberson.Neither film has been a hit with critics, but audiences have been more receptive.

Ghostbusters: Frozen Empire is on top!

Oddly shaped, leisurely paced, and perhaps resembling an episode of the non-existent “Ghostbusters” TV show had there been one, “Ghostbusters: Frozen Empire” is a curious film, out of time with modern editing rhythms. It’s atypical and unusual by today’s standards until you realize, ‘Oh, right, it’s a ‘Ghostbusters’ movie,’ already fitting into the oddball and unlikely genre of paranormal comedy.

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.