Pixar’s “Lightyear” disappoints with $51mln debut as Jurassic World stays at No 1

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Pixar’s “Lightyear” disappoints with $51mln debut as Jurassic World stays at No 1

“Lightyear,” a Pixar spinoff of “Toy Story” franchise, failed to reach its target landmark in box office over the weekend, as the movie had shelved about a lacklustre $51 million from 4,255 big screens in the United States, while "Jurassic World Dominion" continues to dominate.

Nonetheless, the movie had rattled Thursday’s box office with a $5.2 million preview, however, family audiences who would likely to be the core viewers of the film, appeared to be avoiding movie theatres, as “Jurassic World Dominion” topped the domestic box office once again as beforementioned.

In the point of the fact, it was expected that after a scintillating run of Tom Cruise-starred “Top Gun: Maverick,” a sequel of 1986 “Top Gun” that has been well en route to reach a $1 billion-mark, the highest by any movie in a pandemic-era new normalcy which is not featuring a super hero, family audiences will resume returning into the big screens.

Nonetheless, a disappointing run of “Lightyear” had rubbed out analysts’ expectation.

“Lightyear” makes lacklustre opening, faces trouble in profitability

“Lightyear,” which has had a budget of $200 million, would more likely to remain as a mirage when it comes to profitability, as the movie will require at least an impossible 65 per cent hold in ticket sales for about a couple of months to reach its production cost excluding marketing.

However, revenues of “Lightyear” could further turn south considering the upcoming debuts of heavyweight “Minions: The Rise of Gru” (July 1) alongside “Thor: Love & Thunder” (July 8).

“Lightyear” is expected to generate a sum between a $70 million and an $80 million initially, however, the movie earned $34.6 million from 43 international market, racking up a total of $85.6 million. Aside from “Lightyear,” despite a 60 per cent decline in holds, “Jurassic World Dominion” captured the box office crown and generated a modest $58.6 million from 4,697 silver screens.