Huge new Hollywood blockbuster ‘to lose $200 million’ after field workplace catastrophe | Films | Entertainment | EUROtoday

It was 5 years in the past when Todd Phillips’ Joker, made for not more than $70 million, stormed the field workplace and garnered over $1 billion globally.

It was inevitable that then record-breaking highest grossing R-rated film of all time, that received the Best Actor Oscar for Joaquin Phoenix, would have a sequel greenlit by Warner Bros.

Given a whopping $200 million, Phillips went musical with the comply with up in a bet that didn’t repay in any respect.

Largely critically panned, Joker Folie à Deux, which co-stars Lady Gaga as Harley Quinn, has damaged some data too however not in a great way.

Joker 2 debuted with a CinemaScore of D, which is the bottom ever for a comic book e book film.

Upon its opening weekend, Joker Folie à Deux made simply $37.8 million domestically, which is even decrease than Sony’s poorly recieved Morbius.

Meanwhile, the Batman villain spin-off broke the document for the worst second weekend of any comedian e book film, incomes simply $7 million on a 81 per cent drop off.

As it stands, Joker 2 has made $165 million – a far cry from the field workplace behemoth that’s its predecessor – and now’s predicted to lose as a lot as $200 million.

According to Variety’s sources, Warner Bros declare the blockbuster with 33 per cent on Rotten Tomatoes will break even at $375 million. Meanhwhile, insiders together with three rival executives estimate that Joker 2 will lose at the least $150-200 million.

Warner Bros responded in a press release: “Any estimates suggested by anonymous ‘insiders’ or ‘rival executives’ are grossly wrong and continues a trend where rumor is reported as fact. The film continues to play in theatrical release, included with this week’s opening in China, and will continue to earn revenue throughout its home viewing and ancillary run.” Time will inform.