July promises to be a big month for tentpole films, and today, we have some early box office tracking data for two of them. One project is on course for a decent opening weekend, while the other may be a financial flop. Check out all of the details after the jump.
First up, according to The Hollywood Reporter, the Ghostbusters reboot is currently on track to open with $40-50 million over the July 15th weekend. The film, starring an all-female team of Ghostbusters, has been the subject of much controversy and debate.
Sony Pictures is hoping for a big opening, as the movie has a whopping $154 million budget. The studio also has big plans for the franchise, in an attempt to transform it into a cinematic universe. A new male-led movie is/was in development, while an animated film is in the works. But if Paul Feig‘s Ghostbusters is a financial dud, then these plans are in jeopardy.
Currently, Ghostbusters is appealing most to females over the age of 25. Of course, with three weeks until release, there’s still time to attract other demographics.
Unfortunately, we have more worrisome news for Warner Bros.‘ The Legend of Tarzan. According to THR, that film may make a little more than $30 million over the Fourth of July weekend. The budget for the movie is reportedly a massive $180 million, so a $30 million opening weekend would be very disappointing.
Another big budget film releasing next weekend is Steven Spielberg‘s The BFG. This movie, which has a $140 million budget, may also struggle to hit $30 million in its debut weekend. However, in better news, The Purge: Election Year on track to open with a $20 million+ gross next weekend, a great number for a $10 million production.
Of course, a lot can change between now and the times of release. With the exception of The BFG, there are no reviews for these films yet. And word-of-mouth, from both critics and audiences, will play a key role in the grosses of each movie. We’ll just have to wait and see.
Stay tuned for more box office updates as we have them.