Early projections for the Jared Leto-led ‘Morbius’ film – part of Sony’s Spider-Man Universe – are solid, despite early negative reviews from critics. But how will it perform as it debuts early on Nigerian screens?
By Justina Terhember
It’s looking like the latest film in Sony’s Spider-Man Universe may do well. That trend could also continue in the Nigerian market, as it is debuting this evening across the nation ahead of its April 1st official release date. According to reports, ‘Morbius’, which stars Jared Leto in the titular role, is estimated to pull in between $40 and $50 million in its first three days in the United States. That would put the film, which has a projected budget of $75 million, well on the way to recouping its costs and breaking even, though it’s difficult to tell just how much the numerous delays to the film have altered that estimate.
With Nigerian audiences particularly hard to please, it remains to be seen if it will have fans queuing to buy tickets. However, the pulse on Nigerian social media, especially Twitter, appears to be positive so far.
With Nigerian audiences particularly hard to please, it remains to be seen if it will have fans queuing to buy tickets. However, the pulse on Nigerian social media, especially Twitter, appears to be positive so far. Although official reviews have not yet been released, ‘Morbius’ has already screened for journalist and critics. Those early reactions have generally been negative, saying that, while there are some fun moments, the majority of the film isn’t very good. It’s not clear at this time just how those reviews will affect the movie’s box office.
‘Morbius’ is the third film in Sony’s Spider-Man Universe, which kicked off in 2018 with ‘Venom’. That film and it’s 2021 sequel, ‘Venom: Let There Be Carnage’, were also not well-received by critics, but went on to do well at the box office, making a good deal of money. ‘Venom’ made more than $850 million worldwide, and ‘Let There Be Carnage’ made $502 million, despite releasing during the COVID-19 pandemic.
Currently, the studio is prepping a Kraven the Hunter film, with the movie’s titular villain/antihero being played by Aaron Taylor-Johnson. Dakota Johnson has also signed on to play the titular character in a Madame Web movie.
Review coming soon.
How ‘Avatar: The Way of Water’ passed $2 billion globally
After six weeks of release, James Cameron’s blockbuster sequel ‘Avatar: The Way of Water’ has surpassed $2 billion in global ticket sales. It’s the sixth film in history — and first in pandemic times — to cross the coveted milestone, joining an exclusive club that includes ‘Avatar’, ‘Avengers: Endgame’, ‘Titanic’, ‘Star Wars: The Force Awakens’, and ‘Avengers: Infinity War’.
The long-delayed sequel opened in December and remained hugely popular in the weeks since its release. Helping it to soar like the original, the release was boosted by Imax and 3D screens, as well as repeat customers across all ages and demographics, propelling ticket sales to dizzying heights. It is expected to continue, even if slowly, garnering brisk box office.
Disney, which holds the rights to ‘Avatar’ after acquiring 20th Century Fox in 2019, spent roughly $460 million to produce and promote ‘The Way of Water’, making it one of the most expensive films ever.
Cameron is responsible for three of the six highest-grossing movies of all time. He’s also the only director with three films to cross $2 billion. Notably, Zoe Saldaña, who plays Neytiri in the ‘Avatar’ series, has now starred in four of the six films to cross $2 billion. She also appears in both ‘Avengers: Endgame’ and ‘Avengers: Infinity War’, reprising her ‘Guardians of the Galaxy’ role of Gamora.
‘The Way of Water’ has officially hit the lofty goal that Cameron set for himself prior to the film’s release. Before the sequel opened in theaters, he told GQ that ‘Avatar 2’ represents “the worst business case in movie history” because it needs to become one of the three or four top-grossing movies of all time to break even. (Analysts believe the film’s breakeven point was close to $1.5 billion, so ‘The Way of Water’ has already been in the black.) But in the coming days, it’ll take down the fourth- and fifth-biggest movies, ‘Star Wars: The Force Awakens’ ($2.07 billion) and ‘Avengers: Infinity War’ ($2.04 billion), to achieve that feat.
The original ‘Avatar’, which debuted in theatres 13 years ago, remains the biggest movie of all time, with $2.9 billion.
‘Avatar 2’ hits $1.4 billion after $86 million new year haul
James Cameron’s ‘Avatar: The Way of Water’ loomed large at the box office during the New Year’s holiday, generating a towering $86.3 million over the four-day weekend. Through New Year’s Day, the blockbuster sequel has grossed $444.4 million in North America and roughly $1.4 billion globally. It has been holding strong in the time since its release, dropping only 8% in its third weekend in theaters. Over the traditional three-day period, the movie brought in $66.8 million, which marks a 4% increase from its sophomore outing.
With its worldwide ticket sales, ‘Avatar 2’ stands as the 14th-highest global release in history, just ahead of ‘Black Panther’ and ‘Harry Potter and the Deathly Hallows Part 2’. After only three weeks, it’s already primed to pass Paramount and Tom Cruise’s box office smash ‘Top Gun: Maverick’ ($1.488 billion) as the highest-grossing movie released in 2022.
‘Avatar 2’ is expected to remain a top draw throughout the month of January, which will be necessary to justify its massive price tag. Cameron estimated the $350 million-budgeted movie (not including at least $100 million in marketing fees) needs to generate roughly $2 billion to break even, though analysts believe the threshold to profitability is probably closer to $1.5 billion. As a plus, it looks to hit that benchmark in a matter of days.
The original ‘Avatar’ was released in 2009 and stands as the highest-grossing release in history with $2.97 billion worldwide. The follow-up film, which debuted 13 years later after many, many delays, will struggle to make that much money because the global box office hasn’t fully rebounded from the pandemic. Moreover, China, a major theatrical market, is experiencing a resurgence of COVID and Russia, another big territory, won’t have access to the film.
The film stars Sam Worthington, Zoe Saldaña, Stephen Lang and Sigourney Weaver, in the sequel which follows the Sully family as they head underwater to battle the elements and keep the Na’vi safe from humans.
‘Deadpool 3’ might involve time travel – Hugh Jackman
Wolverine actor Hugh Jackman reveals how Weapon X can appear in Marvel Studios’ Deadpool 3 despite the character dying at the end of 2017’s Logan. During an appearance on Sirius XM, the actor revealed how Wolverine will cross paths with Deadpool despite the former dying in 2017’s Logan. “All because of this device they have in the Marvel world of moving around timelines, now we can go back because you know it’s science,” Jackman said. “And so I don’t have to screw with the Logan timeline which was important to me and I think probably to the fans too.”
Jackman and his Deadpool 3 co-star Ryan Reynolds previously confirmed that the threequel would not touch Logan, which initially served as Jackman’s swan song for Wolverine. “Logan takes place in 2029,” Reynolds said at the time. “Totally separate thing. Logan died in Logan. Not touching that.” Deadpool 3 will mark Jackman’s tenth time playing Logan/Wolverine, with the film also serving as the character’s official Marvel Cinematic Universe debut.
Even with Jackman’s time travel reveal, there is still a lot about Deadpool 3 that Marvel Studios is keeping under wraps. However, Jackman has recently teased that Deadpool 3 will be a buddy cop comedy adventure film, explaining how he has always envisioned that type of movie for the two characters. “I went to a screening of Deadpool. I was 20 minutes in, and I was like, ‘Ah, damn it!’ All I kept seeing in my head was 48 Hrs. with Nick Nolte and Eddie Murphy,” Jackman said. “So it’s been brewing for a long time. It just took me longer to get here.” Deadpool 3 director Shawn Levy has also confirmed that he and Reynolds are working hard on keeping the MCU’s “Deadpool raw, gritty, grounded in the ways that those movies have been and that all of us love.”
At the time of writing, Jackman and Reynolds remain the only X-Men actors officially confirmed to be reprising their roles for Deadpool 3. The movie is currently scheduled to open in theaters on Nov. 8, 2024, as the first film of Phase 6 of the MCU.