Box Office Pundit Claims Megalopolis Has Pitiful Presale Numbers

Francis Ford Coppola’s theatrical return is probably not as triumphant as his followers, or Lionsgate, had hoped, as early monitoring for Megalopolis counsel disastrous pre-sale figures. The upcoming movie has been a serious gamble for Coppola and for Lionsgate. The director (who has famously self-funded most of his motion pictures) has reportedly sunk nicely over $100 million into the film’s manufacturing, whereas Lionsgate has lined a lot of the advertising prices.

In keeping with BoxOfficeTheory person TheFlatLannister, who has tracked the pre-sale figures for Megalopolis, Coppola’s newest might be removed from his best on the field workplace. Of 160 pre-sale screenings tracked, solely 249 seats have been offered from a complete of 30,118 seats. Whereas a pupil movie would kill for these numbers, they make up 0.83% of all tickets accessible, leaving Megalopolis in a doubtlessly disastrous place. TheFlatLannister described Megalopolis as “The worst presales begin I’ve ever tracked… Wow.” They went on to say they “Most likely gained’t be monitoring this. Fully pointless.”

TheFlatLannister additionally tracked viewers consciousness of Megalopolis. In keeping with the info, solely 18% of audiences are conscious of the film, a determine which is akin to the indie horror-movie Bagman, and much faraway from a multi-million greenback blockbuster.

Lionsgate Is Having a Troubling 2024

The studio behind large blockbusters like The Starvation Video games and Twilight franchises, amongst many different hits, have struggled to hit the mark on the field workplace this yr. Whereas the on-the-day figures for Megalopolis might be revealed when the film hits theaters on September 27, the studio has already had two motion pictures bomb this yr.

Eli Roth’s Borderlands movie was slated by audiences and critics, with some joking that it re-instated the online game curse. The film opened to a measly $8.6 million in its opening weekend, which dropped to simply $2.35 million within the second week (marking the largest second-week drop of any 2024 film). That is towards a reported price range of between $110-120 million. Borderlands‘s field workplace failure has killed any probabilities of a possible sequel or franchise. Only a few weeks later, Lionsgate incurred comparable losses following the theatrical launch of The Crow, a remake of the cult 1994 flick, this time starring Alexander Skarsgård. The Crow has grossed a worldwide whole of $21.1 million since its theatrical launch. Following its poor theatrical run, The Crow is already accessible to stream on VOD.

Sadly for followers of Francis Ford Coppola, the early projections are simply one other stain on Megalopolis‘s theatrical construct up. The film has been confronted with a number of controversies already, which is able to possible dampen the film’s precise field workplace outcomes. A video was launched on-line by Selection displaying Coppola trying to kiss an additional throughout manufacturing, and the director is now suing the publication for $15 million. Lionsgate has additionally needed to discover a new advertising workforce for the film after a trailer was launched that includes AI-generated faux opinions for Coppola’s previous motion pictures, together with Apocalypse Now and The Godfather.