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'Moana' Remake Is Barely Above 'Snow White' at Box Office With $45 Million Opening
TheWrap • • general
Key Points:
- Disney’s live-action remake of “Moana” opened with an estimated $18.2 million on its first day and is projected to earn around $45 million domestically for the opening weekend, falling below expectations.
- Compared to last year’s Disney remake “Snow White,” which had a $16.2 million opening day and $42.7 million weekend, “Moana” is expected to perform slightly better but still struggles to justify its large budget.
- Despite an A- CinemaScore and limited family film competition until the end of the month, “Moana” faces challenges due to its high production and marketing costs totaling at least $300 million, making a theatrical profit unlikely.
- Overseas interest is weak, with the UK opening day earning just £775,000, partly due to the FIFA World Cup quarterfinals, while competition from “Minions & Monsters” and “Toy Story 5” is also impacting box office performance.
- “Minions & Monsters” is expected to earn $21 million in its second weekend, falling short of previous entries but still profitable, while “Toy Story 5” continues strong with an $18.5 million fourth weekend and is nearing $1 billion in global box office revenue.
