King Arthur: Legend of the Sword to Be The First Box Office Bomb Of The Summer

Posted 2017/05/14 3274 0

“Guardians of the Galaxy Vol. 2” continued its box office reign this weekend, while “King Arthur: Legend of the Sword” is the summer season’s first major flop.

 

Warner Bros. and Village Roadshow's male-fueled King Arthur: Legend of the Sword, costing $175 million to make before marketing, is a flop of epic proportions after launching to $14.7 million from 3,702 theaters to mark the first big bomb of summer 2017 and one of the worst openings ever for a big-budget studio event film. It also is falling on its sword overseas, and could be facing a loss of well north of $100 million. Trade mag Variety describes the projection as an "opening weekend flop of epic proportions" for Warner Bros. and Village Roadshow.

The mythical epic was critically drubbed (it currently has a 27% on Rotten Tomatoes), but has a relatively high B+ CinemaScore. Director Guy Ritchie had success with a similar re-imagining of longstanding franchise with 2009’s “Sherlock Holmes” and its sequel “A Game of Shadows,” which both grossed over $500 million worldwide. More recently, though, his spin on “Man From U.N.C.L.E.” saw a disappointing take ($110 million globally) despite achieving a bit of a cult and critical following.

“King Arthur” stars Charlie Hunnam as a rough-and-tumble version of the legendary king, with Jude Law as Vortigern, a war lord who murdered his parents and usurped the crown. Village Roadshow and RatPac-Dune co-financed the picture. Overseas, the film is faring slightly better, pulling in an estimated $4.9 million from such territories as Russia and Germany over the past two days.

Here is the movie’s synopsis:

After the murder of his father, young Arthur's power-hungry uncle Vortigern seizes control of the crown. Robbed of his birthright, he grows up the hard way in the back alleys of the city, not knowing who he truly is. When fate leads him to pull the Excalibur sword from stone, Arthur embraces his true destiny to become a legendary fighter and leader.

No matter how it fares internationally, don’t hold your breath for a part two. Warner Bros. was unsurprisingly disappointed at the poor showing for "King Arthur" but hopeful for the rest of its summer slate, including "Wonder Woman" and Christopher Nolan's "Dunkirk."

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