Despite hybrid release, Dune has a strong box office performance
CBC
Denis Villeneuve's Dune debuted with $40.1 million (all figures in US currency) in ticket sales in its opening weekend in North America, drawing a large number of movie-goers to see the thundering sci-fi epic on the big screen despite it also being available to stream in homes.
Warner Bros. launched the Legendary Entertainment production simultaneously in theatres and on HBO Max. When the studio first charted that course for all its 2021 releases due to the pandemic, how the strategy would affect Dune — one of the year's most anticipated spectacles — was always one of the biggest question marks. Villeneuve vehemently protested the decision.
"I strongly believe the future of cinema will be on the big screen, no matter what any Wall Street dilettante says," Villeneuve wrote in a lengthy statement to Variety last December.
Warner Bros. has continued to maintain it will return to exclusive theatrical releases next year. For now, the $165 million-budgeted Dune marks the best domestic opening for any of the studio's hybrid releases, surpassing the $31.7 million debut of Godzilla vs. Kong in March. Expectations had hovered closer to $30-35 million for Dune.
WATCH | Villeneuve and actor Rebecca Ferguson on Dune:
"This was a tremendous result as we're ramping out of the pandemic," said Jeff Goldstein, distribution chief for Warner Bros. "Once we get out of the pandemic, if we have a movie like this, clearly you'd want to go into theatres first. There's no question of that."
Goldstein estimated the film would have debuted with approximately 20 per cent more in box office had it not also been streaming simultaneously. (The studio didn't release streaming figures.) Coming into the weekend, Dune, which first premiered at the Venice Film Festival in early September, had already grossed $130 million internationally. This weekend, it debuted with $21.6 million in China, where media companies Legendary and Wanda handled distribution.
Altogether, Dune added $47.4 million internationally for a global cumulative gross of $220.7 million.
Dune is the second big-screen attempt to adapt Frank Herbert's 1965 epic, following David Lynch's much derided 1984 version. Villeneuve's Dune, which adapts only the first half of the book, stars Timothée Chalamet, Oscar Isaac, Rebecca Ferguson, Zendaya and Javier Bardem. Legendary and Warner Bros. have yet to confirm a sequel to Dune, which chronicles a violent power shift on the desert planet Arrakis, where a valuable mineral called "spice" is harvested.
Movie-goers gave Dune an A- CinemaScore, and critics (the movie holds 83 per cent on Rotten Tomatoes) have praised the operatic sweep and visual craft of Villeneuve's film. It fared particularly well on large-format screens, with IMAX accounting for about $9 million in ticket sales.
"What I think Warner's strategy has proven is that movie fans, by and large, will choose the movie theatre experience when given the choice — particularly for movies like this," said Paul Dergarabedian, senior media analyst for data firm Comscore. "This should be a very encouraging sign for theatre owners. The allure of the movie theatre remains whether a piece of content is available at home or not."
WATCH | CBC News reporters Eli Glasner and Jackson Weaver trade takes on Dune:
Last week's top film, Universal Pictures' horror sequel Halloween Kills, also launched well while also streaming at home, on Peacock. After debuting with $50.4 million, Halloween Kills slid steeply in its second week with $14.5 million, good for second place. In two weeks, it has grossed $73.1 million domestically.
No Time to Die, Cary Fukunaga's James Bond film starring Daniel Craig, came in third with $11.9 million in its third week. Worldwide, the film has brought in more than $525 million. MGM, United Artists and Universal Pictures charted a theatre-only release for No Time to Die.