Madame Web has now exceeded Morbius' opening weekend at the domestic box office. Starring Jared Leto as the living vampire, Morbius previously had the lowest-ever opening for the Sony Spider-Man Universe, which includes Venom and Venom: Let There be Carnage. However, Madame Web's $15.3 million opening broke that record, falling significantly below Morbius' $39 million. The movie struggled in the following days and weeks to surpass just that 3-day total.
According to Deadline, Madame Web is expected to finish its third weekend in theaters with a domestic total of $40 million. This means that it will finally surpass Morbius' domestic debut after three weekends. However, it remains uncertain if its worldwide gross will exceed Morbius' global opening of $83.9 million until the final international numbers for the weekend are tallied.
Is Madame Web An Official Box Office Flop?
Dakota Johnson as Cassie Web Looking At Her Mottled Hands in Madame Web - Is Madame Web An Official Box Office Flop?
It is too early to determine if the Madame Web release is a flop, but the movie's outlook is not promising. Falling behind Morbius is a concerning sign, especially since the Leto movie only made $167.5 million worldwide despite its estimated budget of $75 to $83 million.
Morbius was the least successful film in the Sony Spider-Man Universe, trailing $338.8 million behind the second-place movie, Venom: Let There be Carnage.
Unfortunately for the Madame Web movie, unless it receives a significant boost in box office revenue, it is projected to have a much lower worldwide total compared to Morbius. With a reported cost of $80 million, the film needs to make $160 million just to break even, a challenging feat that seems unlikely.
The timing of the Madame Web premiere in mid-February initially allowed it to avoid major blockbuster competition. However, as its release extends into March alongside the highly anticipated Dune: Part Two and upcoming films like Imaginary, Kung Fu Panda 4, and Ghostbusters: Frozen Empire, it will face tough competition for theater space. With fewer showtimes available due to the influx of blockbuster releases, the movie's box office potential may dwindle, making it difficult to avoid financial losses in the end.
Source: Deadline
Editor's P/S:
The article paints a bleak picture for the "Madame Web" box office performance, highlighting its struggles to surpass the dismal opening of "Morbius." The movie's low domestic total and uncertain global gross raise concerns about its financial viability. The timing of its release, coinciding with highly anticipated blockbusters, further dampens its prospects. It remains unclear whether "Madame Web" will be deemed a failure, but the signs point to a disappointing outcome.
The article also sheds light on the challenges faced by the Sony Spider-Man Universe. Despite the success of "Venom," the subsequent films have underperformed, with "Morbius" being the weakest performer. The failure of "Madame Web" could further damage the franchise's reputation and raise questions about its future direction.