Updated
Updated · Variety · Sep 9
Practical Magic 2 Targets $40 Million Debut as Spider-Man's 6-Weekend No. 1 Run Nears End
Updated
Updated · Variety · Sep 9

Practical Magic 2 Targets $40 Million Debut as Spider-Man's 6-Weekend No. 1 Run Nears End

3 articles · Updated · Variety · Sep 9

Summary

  • $30 million to $40 million from 4,000 North American theaters would put “Practical Magic 2” atop the weekend box office, ending “Spider-Man: Brand New Day” at No. 1 after six weekends.
  • Nostalgia for the 1998 original, which later became a cult favorite despite flopping theatrically, is driving the sequel’s launch; Warner Bros. spent $75 million to produce it.
  • $18 million to $25 million from 77 international territories would lift the sequel’s global opening to $48 million to $65 million, though weak reviews could hurt staying power after opening weekend.
  • Disney’s “Oasis: Don’t Look Back in Anger” is tracking for $5 million to $7 million from 1,200 theaters, while “Brand New Day” has reached $923 million domestic and is closing in on the all-time record.

Insights

Can a heavily criticized nostalgia sequel truly conquer a box office dominated by a record-breaking Spider-Man phenomenon?
Will devastating reviews shatter the nostalgic box office magic of the Owens sisters after opening weekend?
Why did the highly anticipated Oasis documentary deliberately erase their bitter 2009 feud and ticket controversies?