Beetlejuice Beetlejuicehas tripled its budget by passing a major global milestone. The new Tim Burton movie is a legacy sequel to his original 1988 horror-comedy featuring the return of Michael Keaton as Betelgeuse, Winona Ryder as Lydia Deetz, and Catherine O’Hara as Delia Deetz alongside a new ensemble cast that includes Jenna Ortega, Willem Dafoe, Justin Theroux, Monica Bellucci, and Arthur Conti.Beetlejuice Beetlejuicebox officemade a splash when it opened to $111 million, a total that already exceeded the worldwide gross of the entire run of the original movie.
PerWarner Bros. Pictures, as of Sunday morning,Beetlejuice Beetlejuiceis projected to close its third weekend in theaters by bringing its global box office total to a cumulative gross of $329.7 million. In addition to allowing the movie to cross the $100 million milestone internationally with an overseas total of $103 million, this pushes it past the $300 million global milestone, which means it hasmore than tripled its reported budget of roughly $100 million. It is only the twelfth 2024 release to pass this milestone, with the most recent beingAlien: Romulus.
What This Box Office Milestone Means For Beetlejuice Beetlejuice
The Movie Is Probably In The Black
Because this total has tripled theBeetlejuice Beetlejuicebudget, the movie is most likely already turning a profit. Because of multiple factors including publicity costs and theaters keeping half of ticket sales, a movie typically needs to earn between two and two-and-a-half times its production budget in order to make its money back. This wouldmost likely place the movie’s break-even point somewhere around $250 million, a milestone that it has already exceeded by nearly $100 million.
The new movie cost considerably more than the originalBeetlejuice, which had a $15 million price tag, a budget that comes to about $42 million when adjusted for inflation.
While theBeetlejuice Beetlejuicereleasehas not yet become one of the Top 10 releases of 2024,it seems highly likely to break onto the chartbefore the end of its run. Whether it stays in the Top 10 by the end of the year remains to be seen, however, as it will face fierce competition as October and the holiday season bring in major franchise properties includingJoker: Folie à Deux,Venom: The Last Dance,Moana 2,Wicked,Gladiator II, andSonic the Hedgehog 3.
Our Take On The Beetlejuice Beetlejuice Box Office Milestone
More Burton Projects Are Likely To Be On Their Way
It seems likely that the success ofBeetlejuice Beetlejuicewill result in even more projects in the same realm coming to the screen, chasing the same core audience that have connected so strongly with the new project.Whether this is a thirdBeetlejuicemovie remains to be seen, as the director has made comments that suggest this is not a certainty. However, more collaborations between Burton and star Jenna Ortega outside of their hit Netflix seriesWednesdayseem highly probable.
Beetlejuice Beetlejuice
Cast
Beetlejuice Beetlejuice is the sequel to the original Tim Burton classic that starred Michael Keaton and Wynona Rider in a horror-comedy that involved ghosts trying to scare off new homebuyers from taking their house. The sequel brings back Michael Keaton as the hilarious and sleazy ghost with selfish intentions, now joined by Jenna Ortega in a new role.
