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Box Office On Track To Have Worst Memorial Day Weekend Since 1995

Expectations were high for the Memorial Day weekend box office as “Furiosa: A Mad Max Saga” exceeded targets for ticket pre-sales. Ultimately, the film had a disappointing opening, with $32 million in total sales for the four-day weekend. “The Garfield Movie” made just over $31 million.

Total sales for the holiday weekend topped out at just $128.3 million, per CNN, representing a steep decline from the same time span in 2023, which brought in just under $205 million. It’s well under the top performing Memorial Day weekend in 2013 when moviegoers spent $314.3 million, driven mainly by the release of that year’s mega-hit “Fast & Furious 6.”

“There’s no way to sugarcoat it, the numbers that are coming out this weekend are nothing to write home about,” Paul Degarabedian, senior media analyst with Comscore, told CNN about the disappointing results. The next lowest Memorial Day weekend was led by “Casper” in 1995, with total box office sales totaling just over $117 million.

“Summer is the most important moviegoing season of the year, accounting on average for nearly 40% of the total domestic annual revenue, so as goes the summer so goes the year,” he added.

Last summer was dominated by “Barbenheimer” mania, with the release of the comedy “Barbie” and Christopher Nolan’s historical drama “Oppenheimer” on the same weekend in late July. Combined, the films raked in close to $1 billion domestically. This summer so far doesn’t have any standout contenders for similar results.

The 2024 season will be full of franchise follow-ups, including “Bad Boys: Ride or Die” next week. Degarabedian mentioned a few other upcoming titles that had potential, including “Despicable Me 4,” “Inside-Out 2,” and “Deadpool & Wolverine.”

Read full story at The Daily Wire.

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