No one really doubted that Fantastic Beasts and Where to Find Them would be a successful film. It carries the credibility of both J.K. Rowling and the Harry Potter franchise, and with that, there was bound to be a minimum number of moviegoers who would head to the theaters. This is, after all, brand new canon for true fans to glom onto, and no fan wants to be left out in the storm on this one.
The first week for the film sported a relatively modest $74.4 million domestic opening — the lowest of any Potter film. Thanks to relatively positive word of mouth, however, Fantastic Beasts had a small 39% drop in its second week, and even its third weekend wasn’t terrible, with its drop currently estimated around 59%. Granted, it’s not an amazing figure in that third weekend, but considering most films suffer that drop in their second, it’s an indication that the film may have a few more solid weeks of performance ahead of it.
In previous articles, I’d indicated using some poor man’s math that, in order to be profitable, this film needed to crack around $520 million or so. Well, with $183.5 million taking in domestically and $424.4 million overseas, it seems like it’s about time to bring the figure to over $600 million worldwide, and officially declare this flick a success. What’s more is that while the film isn’t necessarily breaking any major records, its slow, meditated success seems to indicate it’ll at least break $750 million worldwide, which is a solid number.
With only around $18 million taken in on its third weekend, it may seem like the film is on its last leg, but with the exception of Moana, Fantastic Beasts won’t have any real competition until Rogue One: A Star Wars Story hits on December 16th. This gives the film one more weekend to bring in some decent numbers at the box office, and given that Fantastic Beasts was caught between Doctor Strange and Moana, there’s a good chance this could be the weekend that more moderate fans catch the film during.
Regardless, it seems like Warner Bros. can officially mark this film down as a success, but the big indicator of the fan reception of this film will be the opening weekend performance of Fantastic Beasts 2. While those not happy with Fantastic Beasts are definitely in the minority, there certainly were enough of them raising a stink about it online to potentially sway moviegoers the second time around, but that’s a conversation for another day.
What do you think of Fantastic Beasts breaking $600 million? Does it deserve that much, and how much do you think it’ll make by the end of its theatrical run? Let us know your thoughts down below!
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SOURCE: Box Office Mojo