Box Office: ‘Pirates 5’ Nabs $77-M in US, ‘Baywatch’ Drowns with $23-M

Box Office: ‘Pirates 5’ Nabs $77-M in US, ‘Baywatch’ Drowns with $23-M

Box Office: ‘Pirates 5’ Nabs $77-M in US, ‘Baywatch’ Drowns with $23-M

$DIS, $VIA, $FOX, $CMCSA, $TWX

Memorial Day revenue at the North American box office posted to its lowest marks in almost 20 years. Overseas, ‘Pirates of the Caribbean: Dead Men Tell No Tales’ from Disney (NYSE:DIS) posted a $208.4-M debut.

Pirates of the Caribbean: Dead Men Tell No Tales won this holiday frame with a 4-day nab of $77-M from 4,276 theaters. Overseas, it hauled in $208.4-M more treasure.

Baywatch, Paramount’s R-rated adaptation of the classic TV show drowned with a -day gross of $23-M. Baywatch even lost out to Disney/Marvel holdover Guardians of the Galaxy Vol. 2, which took in $25.1-M over the holiday weekend to place # 2.

Memorial Day weekend revenue at the domestic box office fell to its lowest level in 18 years, or $176-M, according to preliminary estimates from comScore.

The reviews hurt Baywatch, which scored great in test screenings. Baywatch opens in earnest overseas next week.

Fox and Ridley Scott’s Alien: Covenant fell to # 4 in its 2nd frame with an estimated 4-day gross of $13.1-M for a domestic take of $60-M. The sc-fi horror pic has earned $101-M internationally for a global box office of $161-M.

The Fate of the Furious became only the 6th movie in history to cross $1-B at the international box office, fueled by a record-breaking $387.4-M in China. Globally, the Universal, a unit of Comcast (CMCSA) release has earned $1.22-B.

Disney’s Beauty and the Beast crossed $500-M domestically, becoming only the 8 film to do so, not accounting for inflation.

Warner Bros.’ Wonder Woman is opening later this week.

Other June tent-poles to follow on include: The Mummy, Cars 3 and Transformers: The Last Knight.

Have some fun, see a movie this week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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