All rights reserved. Scott Mendelson Contributor. Cats’ dismal box office performance – it’s headed for a hundred million dollar loss – is just further evidence that the folks that made it never understood why the original was so popular in the first place. Before the film’s premiere, Taylor Swift and Jennifer Hudson repeatedly emphasized how they had not seen the film and signed on “for the journey”. Recent successes including “La La Land,” ($446 million), “Rocketman” ($195 million) and “Mamma Mia! Whether that success was due to being the first modern “blockbuster” fantasy musical of its era, folks liking the Tony-winning show or that tourists could see with their kids if they wanted to expose them to large-scale live-theater, Cats has been a very profitable brand.
Apparently most of the film critics had never seen the original musical before.
"1917" is also a critical darling. ‘Cats’ Is A Box Office Bomb That Looked, On Paper, Like A Safe Bet. As industry experts point out, movie musicals have become cash-cows for studios in recent years. Tom Hooper’s adaptation of Andrew Lloyd Weber’s classic Broadway show fell well short its projected debut of $15-20 million, placing it the No. All rights reserved. New York (CNN Business)Universal took a pretty big hit last quarter largely because of the box office disaster that was "Cats. James Corden, Laurie Davidson, and Francesca Hayward in Tom Hooper's 'Cats'. Don’t faint from surprise when we tell you, but Cats bombed at the box office with a $6.5 million opening. The film, which has a 20% score on review site Rotten Tomatoes, was not cheap to make. The Universal Pictures film is bound for the litter box as one of 2019’s biggest flops, Last modified on Thu 2 Jan 2020 07.36 AEDT.
This would make the film one of the biggest box office flops of 2019. The irony of Cats is that its failure is not so much an example of Hollywood hubris but rather a case of a seemingly surefire property going down in flames. BoxOfficeMojo.com by IMDbPro - an ", The film adaptation of the hit Broadway musical made just $60 million worldwide since its opening in late December.
Adaptation Musical Performance Play Adaptation. That explains why Universal is sending a new version of Cats with updated visual effects to movie theaters despite the original version of the movie having already been seen by audiences. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Then, it followed that bad decision with an equally unsettling second trailer. The company also reported a profit of roughly $3.16 billion in the fourth quarter.
Cats was a big spectacle in the making — one so big, in fact, that its budget hummed along to the tune of $100 million. Negative reviews of the film, however, have become almost an art form. Cast information Crew information Company information News Box office. Trump's speech makes Stephen Colbert choke up, 'The LEGO Star Wars Holiday Special' reimagines fan favorites as toys, Late-night hosts stress over the undecided presidential election, 'Schitt's Creek' actresses bring comic flair to holiday ad, Seth Meyers has a replacement for Dr. Fauci, 'Borat' creator shows unseen footage of prank on 'Colbert', 'SNL' takes on the final presidential debate, Jimmy Kimmel picks on Donald Trump's debate lines, Town renames sewage plant after late-night comedian, See Bruce Willis revive famed 'Die Hard' character in epic ad, 'Jeopardy!'
Should Saturday Night Live Replace This Actor as Joe Biden? Universal positioned the film as counter-programming against “Star Wars: The Rise of Skywalker,” and Disney’s final chapter in the Skywalker saga is projected to land one of the biggest opening weekends of the year.
Cats appears set to make movie hiss-tory – as a major box office failure for Universal Pictures. He cautions: “Of course, [that is] if the reviews and audience reaction are strong.”. “Cats,” the big-screen adaptation of Andrew Lloyd Webber’s smash musical, has been the subject of much internet scrutiny since Universal first debuted footage over summer.
Tom Hooper’s critically-trashed Cats is now allegedly going to lose $70 million, which happens when your $95 million-budgeted musical earns just $38 million in 12 days of global release. (EMEA, Domestic), Comedy He writes: “As they gaze at the greenscreen and sashay and crawl/ It’s weird to behold them all gurning and acting/And why do so many resemble Darth Maul?” Other critics have described it as “a descent into madness” and a “sight no humans should see”.
Cats appears set to make movie hiss-tory – as a major box office failure for Universal Pictures.. All Rights Reserved, This is a BETA experience.
More importantly, how could someone use that much money and allegedly miss their deadline like Hooper did? And who could forget the in-your-face collaboration between Swift and Webber, “Beautiful Ghosts”? The Movie … “If history is any guide, movies that are overshadowed by bigger films upon initial release can often find favor over time with audiences once the noise of whatever juggernauts wane a bit,” said Paul Dergarabedian, a senior media analysts at Comscore. Despite the great renaissance of musicals at the box office following 2002’s Oscar Best Picture winner Chicago ($306M-plus WW), sometimes the …
Deadline Hollywood calculated the net loss of the film to be $113.6 million. Most stock quote data provided by BATS. We asked an expert if it's safe to go, Everything you need to know about Peacock, NBC's new streaming service. It was a very well-known IP. The film costs much less than the $170 million spent on Mary Poppins Returns and it was scheduled alongside The Rise of Skywalker in the hopes of mimicking Mamma Mia!’s triumph alongside The Dark Knight in the summer of 2008. The news was brighter elsewhere in Comcast's earnings on Thursday.
Such past successes make it clear that Cats has failed to connect with audiences, or at least not in a good way. This was thanks in large part to its broadband service. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN.
Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. “Cats” could also benefit from a high-wattage cast that includes Idris Elba, Judi Dench, Jennifer Hudson, Taylor Swift, James Corden, Rebel Wilson, Ian McKellen and Jason Derulo. Some have disappointed (Phantom of the Opera in 2004, Rent in 2005, Nine in 2009), but even the softer performers (Sweeney Todd in 2007, Annie in 2014) held their own alongside the year-end biggies. For starters, it introduced itself with a catnip-fueled nightmare of a trailer. Failure at the box office is likely to come as a surprise to Universal. With No Time to Die, Fast & Furious 9 and Minions 2: The Rise of Gru set to give Disney a fight this Spring/Summer, Cats and even the likely disaster that is Dolittle may be about as damaging to Universal as was Disney’s John Carter just two months before The Avengers.
Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Box office watchers aren’t betting against “Cats,” and not just because the stage version has been a draw for decades. Going back at least to 2002 with Rob Marshall’s Oscar-winning (and $171 million domestic/$307 million worldwide-grossing) adaptation of Chicago, year-end musicals have been relatively consistent moneymakers. Overall, Cats’ chances of redemption do not look paw-sitive. Musicals are a polarizing genre, making it tricky when it comes to predicting box office fortunes. Even domestic gross like Annie ($85 million) with overseas numbers like Mary Poppins Returns ($177 million) would have been fine. Universal’s “Cats” was in need of a holiday miracle.
Yes, I would argue that Cats is a surprise flop. It is still the biggest-grossing Best Picture winner, in global box office, since The Lord of the Rings: The Return of the King ($1.1 billion in 2003). © Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. After the Christmas 2012 success of Les Miz, it wasn’t exactly the craziest idea in the world to give him $95 million to make a family-friendly, star-studded adaptation of Andrew Lloyd Webber’s long-running stage show. As anticipation for the cinematic spectacle heightens ahead of its Dec. 20 release, “Cats” is still on pace to make $15 million to $17 million in its inaugural outing. earned $144 million domestic and $609 million worldwide.
That film sung its way to $441 million in ticket sales and a handful of Oscars nominations.
Cats, with Taylor Swift as Bombalurina, is on its way to becoming a surprise failure for Universal Pictures. Fantasy
What gives?
It doesn't help that Tom Hooper's film adaptation of the musical was panned by critics, too. Musical. Cats grossed $27.2 million in the United States and Canada, and $47.4 million in other territories, for a worldwide total of $74.6 million, against a production budget of about $95 million. The company added 442,000 high-speed internet customer customers, but its video business took a hit losing 149,000 customers.
The all-star fantasy, starring the likes of Taylor Swift, Idris Elba, Jennifer Hudson, Jason Derulo, Rebel Wilson, Judi Dench, Ian McKellen and James Cordon, has become a profoundly modern disaster.
Drama Director Tom Hooper has proven his musical chops with “Les Miserables,” his 2012 movie adaptation starring Jackman, Anne Hathaway, Russell Crowe and Amanda Seyfried. Variety and the Flying V logos are trademarks of Variety Media, LLC. Factset: FactSet Research Systems Inc.2018. Earnings for its film unit decreased 49% in the quarter and box office revenue declined nearly 60%, The company noted that its comparable quarter, the fourth quarter of 2018, had hit films like ".
Box Office Mojo and IMDb are trademarks or registered trademarks of IMDb.com, Inc. or its affiliates. “Cats” will certainly be pitched for competition. All times are ET.
The Danish Girl wasn’t as “big,” but it still earned an Oscar for Alicia Vikander and $64 million worldwide on a $15 million budget.
December 20, 2019 ‘Cats’ Is A Box Office Bomb That Looked, On Paper, Like A Safe Bet. It too would open near Christmas, mimicking the success of Les Misérables and Illumination’s animated Sing ($562 million in 2016). The news comes after Universal hit the brakes on its Oscars campaign for Cats, quietly pulling the film from its “for your consideration” page. Meanwhile, movie theaters will be crowded with everything from family films like “Jumanji: The Next Level” to awards hopefuls such as “Little Women.” However, holiday releases tend to have big multiples since people often visit their local multiplex more than once between Christmas and New Year’s.
Cats bombed in the box office with a $6.5 million opening. But then the film became its own worst enemy when it came to luring an audience in. The film is up for 10 Oscars including best picture and best director at next month's Academy Awards.
Here We Go Again” ($394 million) have helped the genre enjoy a kind of box office renaissance. “The Greatest Showman” was essentially written off after bowing with a soft $8.8 million in 2017. Plus, seeing Jason Derulo as a full size-cat cloaked in digital fur, even sans his junk, left movie-going audiences deeply uncomforted. The No. ... Related Stories Similar Movies. There’s a difference between spending $175 million on Dolittle (thus demanding it become the biggest talking animal fantasy ever to break even) and spending $95 million on a Cats movie featuring famous movie stars, helmed by a filmmaker with a proven financial and artistic track record and scheduled for Christmas.
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