The new science fiction movie starringRobert Pattinsonis set to lose many millions of dollars. Pattinson has only recently begun to seriously dabble in the sci-fi genre, as he kicked off his career in fantasy franchises includingHarry PotterandTwilight. As his career progressed, he began to take on more daring roles, including starring in Claire Denis' 2018 sci-fi horror projectHigh Lifeand Christopher Nolan’s audacious 2020 time travel epicTenet.
The majority of the big-budgetRobert Pattinson moviesthat have been put out in non-pandemic-depressed theaters have been financially successful. In addition to his lead role as Edward Cullen in theTwilightfranchise, which netted more than $3.3 billion between its five installments, he also starred in the DC blockbusterThe Batman. That 2022 moviegrossed $772.3 million against its roughly $200 million budget, garnering an upcoming sequel in addition to becoming the seventh highest-grossing movie of the year worldwide. Altogether, the star’s movies have grossed nearly $6.9 billion worldwide, though his newest movie has not contributed quite as much.
Mickey 17 Is Projected To Lose Money
The Movie Cost More Than $100 Million
Mickey 17is dead on arrival at the box office. The movie, which stars Robert Pattinson as a worker who is cloned every time he dies while testing the dangers of a new planet which humanity is colonizing, is the first feature directed by three-time Oscar-winning filmmaker Bong Joon Ho since the 2019 Best Picture winnerParasite. TheMickey 17releaseis marked by ups and downs, as it has earnedthe director’s best domestic opening weekend of all timeand become his highest-grossing English-language movie, but remains hampered by its huge $118 million budget.
Typically, movies need to earn two and a half times their budgets to turn a profit, because theaters keep half of ticket sales and advertising costs are not factored into production budgets.
PerVariety, updated box office projections forMickey 17reveal thatthe Robert Pattinson sci-fi movie is most likely on track to lose between $75 and $80 millionby the end of its theatrical run. Its adjusted projections show it legging out to $46 million at the domestic box office and $96 million in international markets, with a cumulative $143 million worldwide gross that falls far short of the movie’s estimated $300 million break-even point.
This total comes from sources in the know about box office. Whiletheir report also features a comment from a source with knowledge of the project who argues that the loss will be considerably lower, said source still acknowledges that the movie is expected to lose money.
What This Means For Mickey 17
Its Legacy Could Be Damaging
Ultimately, it is unclear ifMickey 17’s underperformance will impact the production ofupcoming sci-fi movieswith similar approaches. This may not be an issue, as theRobert Pattinsonmovie had a notably risky budget, as not many untested properties are given quite as high of a price tag to begin with. While it may give some studios trepidation about the genre or Bong Joon Ho,its $143 million gross would have made it a success if it had been a mid-level movie with a budget of about $50 million, so this may just encourage caution moving forward.
