Box Office Report: ‘Indiana Jones’ Snags The Top Spot With Low Opening

Box Office analysis is provided by Daniel Garris of BoxOfficeReport.com.

Weekend Estimates Update:

Disney and Lucasfilm's Indiana Jones and the Dial of Destiny debuted in first place this weekend with an estimated $60.0 million. Over the extended five-day Independence Day holiday frame ending Tuesday, the fifth installment of the Indiana Jones series is currently estimated to gross $82.0 million. While Indiana Jones and the Dial of Destiny managed to open on the low end of consensus expectations, those expectations were already significantly scaled back, as the film came nowhere close to the $100.14 million three-day opening weekend and $151.96 million five-day start of 2008's Indiana Jones and the Kingdom of the Crystal Skull back in May of 2008. Indiana Jones and the Dial of Destiny was also off to a rather lackluster start with the film's very expensive price-tag in mind.

At the end of the day, Indiana Jones and the Dial of Destiny was unable to attract younger moviegoers to help make up for the erosion among the film's older fanbase due in part to the passing of time, the mixed audience reception to Indiana Jones and the Kingdom of the Crystal Skull and the overall lack of relative excitement around Indiana Jones and the Dial of Destiny. A very significant 76 percent of the audience for Indiana Jones and the Dial of Destiny was over the age of 25, while 59 percent of the film's audience was over the age of 35. The audience breakdown for Indiana Jones and the Dial of Destiny also skewed 59 percent male, 41 percent female, and 16 percent towards family audiences. Indiana Jones and the Dial of Destiny represented the final return of Harrison Ford as Indiana Jones. The film also sees the return of John Rhys-Davies and features new cast members Phoebe Waller-Bridge, Antonio Banderas, Toby Jones and Mads Mikkelsen. This film was directed by James Mangold, who took over the reins as director from Steven Spielberg (who had directed each of the previous four installments of the series).

One bright spot for Indiana Jones and the Dial of Destiny this weekend is that the film has shown some initial back-loading for a high-profile sequel. After taking in an estimated $7.2 million from Thursday preview shows that began at 3PM, Indiana Jones and the Dial of Destiny was able to register an opening weekend to previews gross ratio of 8.33 to 1. That is a promising sign Indiana Jones and the Dial of Destiny going forward, though some of the early back-loading is also no doubt due to both the film's older skewing audience and the Independence Day holiday falling on a Tuesday this year. Indiana Jones and the Dial of Destiny grossed $24.0 million on Friday (including Thursday previews), declined 20.8 percent on Saturday to take in $19.0 million and with the aid of the holiday weekend is estimated to decrease a slim 10.5 percent on Sunday to gross $17.0 million. Critical reviews for Indiana Jones and the Dial of Destiny have been mixed, but more so positive than negative.

Similarly, Indiana Jones and the Dial of Destiny received a B+ rating on CinemaScore, which isn't great, but is an improvement over the B rating Indiana Jones and the Kingdom of the Crystal Skull received on CinemaScore back in 2008. While there is potential for Indiana Jones and the Dial of Destiny to go over better with audiences than Indiana Jones and the Kingdom of the Crystal Skull did, the Dial of Destiny will still be facing major new competition throughout the month of July from Paramount's Mission: Impossible - Dead Reckoning Part One, Universal's Oppenheimer and Warner Bros.'s Barbie.

Internationally, Indiana Jones and the Dial of Destiny debuted with an estimated $70.0 million from 52 international markets. That places the film's global launch at $130.0 million through Sunday. Estimated debuts for Indiana Jones and the Dial of Destiny by international market included $8.9 million in the United Kingdom, $5.9 million in France, $4.7 million in Japan, $4.1 million in Germany, $4.1 million in South Korea, $4.0 million in Spain, $3.8 million in Australia, $2.7 million in Italy, $2.3 million in China, $2.3 million in Mexico and $1.8 million in Brazil. Indiana Jones and the Dial of Destiny grossed an estimated $11.0 million from global IMAX screens through Sunday ($6.0 million domestically and $5.0 million internationally).

After being very close to each other in last weekend's box office rankings, Sony's Spider-Man: Across the Spider-Verse and Disney and Pixar's Elemental remained very close to one another in this weekend's box office rankings. With an estimated $11.50 million for the three-day frame, Spider-Man: Across the Spider-Verse currently has a slim estimated lead of $200,000 for second place over the estimated $11.30 million weekend take of Elemental. Spider-Man: Across the Spider-Verse declined a solid 39.5 percent from last weekend, while Elemental decreased a very similar 38.7 percent, as both well-received films continued to benefit from strong word of mouth among audiences. Respective total grosses through Sunday stand at $339.87 million for Spider-Man: Across the Spider-Verse through 31 days and at $88.78 million for Elemental through 17 days. Over the five-day frame, Elemental is currently estimated to gross $16.20 million. Sony has yet to release an official five-day weekend estimate for Spider-Man: Across the Spider-Verse.

This weekend saw Spider-Man: Across the Spider-Verse pass the $600 million global mark. Spider-Man: Across the Spider-Verse grossed an estimated $13.8 million internationally this weekend, which brings the film's international total to $267.4 million and the film's global haul to $607.3 million. Estimated totals for Spider-Man: Across the Spider-Verse by international market through Sunday include $48.6 million in China, $32.6 million in the United Kingdom, $27.0 million in Mexico, $18.5 million in Australia, $12.1 million in France, $12,0 million in Brazil, $7.9 million in Germany, $7.7 million in Spain, $6.7 million in Italy and $6.5 million in India.

Elemental held up extremely well internationally this weekend by taking in an estimated $29.8 million from 40 international markets. That was down a very slim 7 percent from last weekend, and when removing China from the equation, the decline was only 3 percent from last weekend. This weekend's strong international hold for Elemental is especially welcome news with the film's expensive price-tag in mind. With an international total of $98.0 million, the global total for Elemental stands at $186.8 million. Estimated totals for Elemental by international market through Sunday include $17.3 million in South Korea, $14.0 million in China, $9.9 million in Mexico, $6.1 million in France, $4.4 million in Australia, $4.0 million in Argentina, $4.0 million in Brazil, $4.0 million in Germany, $4.0 million in Italy and $2.4 million in Colombia. Elemental also still has a few major markets left to open in: the United Kingdom this coming Friday (July 7), Spain on July 14 and Japan on August 4.

Sony's No Hard Feelings declined a sizable 50.0 percent in its second weekend to place in fourth with an estimated $7.50 million. That brings the ten-day domestic total for No Hard Feelings to $29.31 million. Internationally, No Hard Feelings grossed an estimated $6.5 million this weekend from 54 international markets. Respective totals for No Hard Feelings stand at $20.0 million internationally and at $49.3 million globally.

Paramount's Transformers: Rise of the Beasts followed closely behind in fifth place with an estimated $7.00 million. That was down a solid 40.4 percent from last weekend, as the film continues to stabilize. The 24-day domestic total for Transformers: Rise of the Beasts stands at $136.11 million. Internationally, Transformers: Rise of the Beasts grossed an estimated $14.9 million this weekend from 65 international markets. That brings the film's international total to $245.2 million and global haul to $381.3 million.

Universal and DreamWorks Animation's Ruby Gillman, Teenage Kraken was off to a disappointing start with an estimated $5.20 million. That places the film in sixth for the weekend, just ahead of Disney's The Little Mermaid ($5.15 million) and Warner Bros.'s The Flash ($5.00 million). Ruby Gillman, Teenage Kraken registered the lowest opening weekend ever for DreamWorks Animation; a mark which previously belonged to 2021's Spirit Untamed with $6.10 million. There never really seemed to be much interest in Ruby Gillman, Teenage Kraken among moviegoers from the start and mixed critical reviews and the decision to open the film so soon after The Little Mermaid, Spider-Man: Across the Spider-Verse and Elemental didn't help matters either. Ruby Gillman, Teenage Kraken did receive a healthy A- rating on CinemaScore, but at the same time the film's front-loading this weekend for a family film (with an estimated opening weekend to opening day ratio of just 2.22 to 1) could be a sign of Ruby Gillman, Teenage Kraken not going over quite as well with audiences as the film's CinemaScore rating suggests. Ruby Gillman, Teenage Kraken was directed by Kirk DeMicco and features a vocal cast that includes Lana Condor, Toni Collette, Annie Murphy, Colman Domingo and Jane Fonda.

Internationally, Ruby Gillman, Teenage Kraken started out with an estimated $7.6 million from 67 international markets. That places the film's global launch at just $12.8 million. Estimated debuts for Ruby Gillman, Teenage Kraken by international market included $1.25 million in Mexico, $1.09 million in the United Kingdom, $0.64 million in Spain, $0.46 million in France and $0.42 million in Germany. Ruby Gillman, Teenage Kraken will open in Italy this coming Wednesday (July 5) and later this month in South Korea (July 25).

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