'Mickey 17' To Lose $75 Million USD From Its Theatrical Run

With the break-even point at $300 million USD.

Entertainment
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Warner Bros. bet on the wacky sci-fi film Mickey 17, from Bong Joon-Ho is shaping up to have been a risky decision due to its underwhelming reception at the box office.

Even Robert Pattinson‘s star power could not drive theatrical ticket sales for the futuristic dystopia. The film, which sees Pattinson’s character as a series of clones working menial jobs, expected to lose between $75 million to $80 million USD during its theatrical run. Variety has received knowledge from inside sources regarding the economics of movies on this scale. The numbers saw Mickey 17 earn $35.7 million USD domestically and $92.2 million USD worldwide two weeks after its release. The film was originally projected to end its theatrical run with $175 million USD to $180 million USD worldwide. Of those numbers, $52 million USD was expected to come domestically and $123 million globally. However, the estimates have been well below the projections and recently revised to $143 million USD worldwide with $46 million USD domestically and $97 million USD globally.

Mickey 17‘s breakeven point is approximately $300 million USD. While a film’s profitability does not just come from theatrical releases, it is likely that the film will focus on TV and streaming licenses. The film was produced for $118 million USD after factoring in tax rebates and Warner Bros. spent an additional $80 million USD on marketing that included a $4 million USD during the AFC championship. Mickey 17 gained mostly positive reviews despite its sluggish box office debut.

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