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.