Box Office Report for the Week of June 21

To the surprise of nobody, Disney/Pixar’s Toy Story 5 has shattered box-office expectations and delivered the biggest opening of the year. With $160 million domestic and over $312 million globally already, the Andrew Stanton-directed sequel is poised to become the second film released this year to cross the $1 billion mark, following The Super Mario Galaxy Movie.

This is also the biggest-ever opening for the Toy Story franchise as a whole, and the second biggest for a Pixar and animated film. If you think there won’t be a sixth film and sequels made in perpetuity, think again. The Toy Story franchise is one of Disney’s biggest moneymakers, so of course, another one will be made. Some audience members will complain that the franchise should’ve ended with Toy Story 3, but it will still make a billion regardless of what you say. The Toy Story films and Frozen are sure bets for Disney, which, after a relatively rough few years, seems to be back as a theatrical powerhouse (The Mandalorian and Grogu excluded).

While Obsession is still doing amazing business and Disclosure Day is performing better than expected, despite a sharp 62% drop from last week’s opening, other independent films don’t seem to have the same word-of-mouth power as Curry Barker‘s directorial debut and Kane Parsons’ Backrooms.

One such movie is Michael Sarnoski‘s The Death of Robin Hood, which, despite a well-mounted cast and an alluring premise, has crashed and burned at the box office, opening ninth with a $2.6 million tally, which wouldn’t have been so bad if its budget wasn’t in the $20 million category. A24 is looking to take on more high-level projects, with Sarnoski a significant part of this plan, as he is set to adapt Hideo Kojima‘s Death Stranding to the screen. However, barring Civil War, Marty Supreme, and Backrooms many of those films don’t seem to have that same word-of-mouth effect, and The Death of Robin Hood will likely emerge as one of the studio’s biggest failures.

As for Adrian Chiarella‘s Leviticus, the well-received Australian queer horror film was sadly released at a time when audiences are choosing to get scared by Obsession, Backrooms, or maybe both. While its price tag won’t be as high as The Death of Robin Hood, the film made little impact at the box office, opening with $2.7 million domestically. Perhaps word of mouth will help the movie make a bit more of a splash in cinemas, but it’s looking to be unlikely as next week, two massive juggernauts are looking to take a bite out of Toy Story 5 with Craig Gillespie‘s Supergirl and (absolutely), Jeff Tremaine‘s Jackass: Best and Last.

Don’t underestimate the power of Johnny Knoxville, that’s all I’m going to say.

Here is the full list of the top ten films of the weekend :

1. Toy Story 5 (Disney): $160.0M – 4,425 theatres
2. Disclosure Day (Universal): $17.0M (-62%) – 3,284 theatres
3. Obsession (Universal): $14.2M (-25%) – 3,053 theatres
4. Backrooms (A24): $7.3M (-37%) – 2,851 theatres
5. Scary Movie (Paramount): $6.7M (-53%) – 2,725 theatres
6. Masters of the Universe (Amazon MGM Studios): $5.5M (-37%) – 2,517 theatres
7. Star Wars: The Mandalorian and Grogu (Disney): $3.9M (-19%) – 2,000 theatres
8. Leviticus (NEON): $2.7M – 1,076 theatres
9. The Death of Robin Hood (A24): $2.6M – 1,762 theatres
10. Michael (Lionsgate): $2.1M (-48%) – 1,434 theatres

Source: Comscore