The good news for Charlie's Angels was that it had way more bang for the production budget buck overseas in comparison to Ford V Ferrari. The bad news for CA is that it did not meet expectations domestically:
Charlie's Angels box office opening weekend:
Domestic: $8.6 million
International: $19.3 million
Worldwide: $27.9 million
Production budget: $48 million
Ford V Ferrari box office opening weekend:
Domestic: $31 million
International: $21.4 million
Worldwide: $52.4 million
Production budget: $97.6 million
Ford V Ferrari's production cost is about twice that of Charlie's Angels, and yet CA grossed just a couple million less than FVF internationally. FVF grossed over half of its production budget if you consider worldwide gross on opening weekend. So did CA, which has a worldwide gross of $27.9 million. Of course, it should be stated that it's more profitable for a studio when a film grosses more domestically. But that being said, I still find it interesting that 69.2% of CA's worldwide gross on opening weekend came from overseas box office. Similar thing happened with "Terminator: Dark Fate" which had a whopping 75.7% of its worldwide gross come from overseas. So even though TDF bombed domestically, it currently has a worldwide gross of over $233 million in just two weeks.
So thus begs the question: Did CA fail to meet box office expectations because US moviegoers don't embrace the "woke" subculture that many on this board are claiming is the reason--or is it more because US moviegoers are becoming increasing more fickle? Sure, the Marvel Cinematic Universe continues to churn out one billion dollar franchise after the other--yet for most other films, earning back a film's production budget at the box office is becoming increasingly more daunting--well at least here in the U.S. Thus, this could partly explain the demise of medium budget films. This appears especially the case for CA which has a narrow target audience, one-quadrant as the major trade publications describe it, making it even more difficult to grab market share/slice of the box office pie.
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