Is there anyone on here who may be able to give us an indication of how this film is performing in terms of worldwide box office and against previous installments in the franchise?
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Reply by wonder2wonder
on May 21, 2023 at 1:31 PM
It's performing as expected.
... Excerpt from Box Office: ‘Fast X’ Zooms to $67.5M U.S. Opening, $319M Globally:
... Excerpts from ‘Fast X’ Stays Steady Toward $67M Opening, 4% Behind ‘F9’ – Early Sunday AM Box Office Update:
Reply by DRDMovieMusings
on May 21, 2023 at 5:42 PM
When it comes to gaining some measure of opening night or opening weekend, I like what CinemaScore is doing and I've read that Hollywood insiders are quite content with the insight and general forecast that the CinemaScore provides. A movie will either either please their audience or disappoint their audience, and box office performance will follow accordingly.
I don't watch this franchise (haven't seen one of them), so I've no idea (and thus have no emotional stake either way). A CinemaScore of B+ is middling , not great but not too bad.
Those who have watched any of this franchise, and have seen this movie, did you give it a general thumbs up or thumbs down?
While I developed ReelROI(tm) for my movie ROI database, and have wondered if I could derive anything meaningful from tracking opening weekend box gross, I've never tracked it because I couldn't think of a way to extrapolate that into something meaningful.
I mean, for your average movie, what SHOULD opening weekend gross be? How would we know if opening weekend gross was good or bad?
How would we calculate what the final numbers will eventually be based on opening weekend?
How would I approach comparing opening weekend gross for this movie vs...any other movie, or another movie within its franchise?
I decided CinemaScore currently offers more insight and value than I could cook up with some homebrew calculation. If anyone has a suggestion for how to make opening weekend gross useful, let me know!
Reply by Midi-chlorian_Count
on May 24, 2023 at 7:19 AM
I guess I could do this myself - but I'm asking as I think you've said before you have built up a database of box office takings for major films - but I was wondering how the F&F franchise average worldwide box office stacks up against that of the James Bond films since Daniel Craig took over?
Reply by DRDMovieMusings
on May 25, 2023 at 1:45 AM
Yes, I have - over 2800 titles (and counting) from 1924 to present!
I've done some number-crunching both of these franchises. I can definitely get you some numbers on how F&F stacks up - I'll get cooking on that and circle back soon!
Reply by Midi-chlorian_Count
on May 25, 2023 at 10:10 AM
Thanks - it will be interesting to see.
I ask because I was kind of shocked to see that the last Bond film had made only marginally more than Fast 9 despite it being well hyped as the end of the Craig era, etc. Not sure how their respective budgets would feed into that as well but it seems that Bond isn't as big as I'd thought it was.
Reply by DRDMovieMusings
on May 25, 2023 at 3:20 PM
Okay, let's get into this!
F&F vs. Craig's Bond, Average Revenue
Daniel Craig played Bond in five movies during a span of 15 years that started in 2006:
Casino Royale (2006) Quantum of Solace (2008) Skyfall (2012) Spectre (2015) No Time to Die (2021)
Since 2006, there have been eight F&F movies:
The Fast and the Furious: Tokyo Drift (2006) Fast & Furious (2009) Fast Five (2011) Fast & Furious 6 (2013) Furious 7 (2015) The Fate of the Furious (2017) F9 (2021) Fast X (2023)
So, in terms of average revenue, Craig's Bond movies would appear to narrowly edge F&F movies.
However, in raw business terms, F&F pays more return on investment for the movie makers. Check it out...
ReelROI(tm) Return on Investment
Craig's Bond films
F&F since 2006
And, to be clear, Fast X has not yet even been out for a full week. When the final tally of its box office run comes in, that pay of $4.01 is going to be higher.
If you had money to invest in a movie production, which rate of return would you prefer? Yeah, me too :-)
Fast 9 vs. No Time to Die
Fast 9
No Time to Die
On the same budget, F9 made almost $2.00 MORE than NttD, amounting to over $400 million more!
The Bond franchise may not be what you thought it was, but keep in mind its rights are owned by one family who've been raking in millions since Dr. No hit theatres in 1962.
Across a lifetime of over 60 years, 25 films have generated ~$7.4Bn in revenues over budgets totalling $1.6Bn, and paid $4.55 (or 455%) - there are worse ways to make a living in this world :-)
PS. I had written a whole thing about my database and methodology but deleted it. If any of my numbers make no sense to you, or you'd like more clarity on my approach, I'll be happy to then provide more info.
Reply by Midi-chlorian_Count
on May 25, 2023 at 4:04 PM
Thanks!
Great stuff, very interesting... I think Toyko Drift was a much smaller production, with less interest than the subsequent productions had, but was made on a much smaller scale (I was just reading the other night Paul Walker wasn't invited back as they wanted to reduce costs). So that may explain the smaller average but higher profitability overall...
Only thing is - I don't think that figure for Fast 9 is right:- https://www.boxofficemojo.com/release/rl192906753/
It says ~ £726m there - hence my surprise it was just a little bit less than the Craig "Bond" finale. Have you used another film - looks like maybe Fate Of The Furious?
Plus I don't know about Hobbs & Shaw - it is a spin off but I guess these are F&F characters.
Reply by DRDMovieMusings
on May 25, 2023 at 4:35 PM
Tokyo Drift appears to be the poorest performing installment in the entire franchise. It generated $158,468,292 over a budget of $85M for a woeful return of just $1.86. While it is smart to control budget, not keeping Paul Walker (or any other of the big anchor names in the franchise) might not have been the best way to do that.
You're right, my numbers on F9 are wrong!
F9 did $726,229,501 over a budget of $200,00,000 for a ReelROI of $3.63
So, yes, it did not quite reach NttD's revenues of $774M but, again, with a lower budget of $200M, it still paid a little better.
TMDb has not (yet?) included it in the F&F "collection" (the definition and application of which is debated on this site) but it did $760M over a budget of $200M paying $3.80
Reply by Midi-chlorian_Count
on May 25, 2023 at 5:16 PM
Looks like Toyko Drift actually pre-dates Daniel Craig's reign - June 2006 release Vs November 2006.
Therefore I removed it's takings and divided the F&F box office total by seven instead, which gives F&F an average revenue of £799, 399,334 instead vs Bond's £789,705,063. And that's still just including Fast X's box office to date, so it's going to finish even higher.
So it looks like the mainline series outranks Bond both in terms of revenue and profitability.
Adding Hobbs & Shaw to that total and dividing by eight films comes out at slightly lower average of £794,566,034. Lower but still above Craig's figures as Bond!
It's a bit of a surprise this really.
Reply by Playregal
on June 14, 2023 at 12:04 PM
C'est devenu une sorte de film d'action :( Tokyo Drift était la partie la plus cool. Vous n'êtes pas d'accord ?
It became kind of an action movie :( Tokyo Drift was the coolest part. Don't you agree?
Reply by DRDMovieMusings
on July 1, 2023 at 10:15 AM
Hold the phone, maybe not!
It's currently at $699.2 million which, over a $340 million production budget, is a ReelROI(tm) of just $2.06 (but still better than Tokyo Drift's $1.89!)
Still, that's small consolation - it needs $1.02 billion just to stumble to paying $3.00! Even if there is still another $300 million in ticket sales out there, this installment is underperforming both franchise standard (since 2006) and the industry standard of $3.50.
Reply by wonder2wonder
on July 1, 2023 at 12:00 PM
There were only two movies of the franchise that grossed over $1 billion. Paul Walker's last appearance in " Furious 7 (2015)" and the next one "The Fate of the Furious (2017)". Both have a CinemaScore of A.
"F9 (2021)" with a budget of $200–225 million did allright; box office: $726 million. CinemaScore: B+.
"Fast X (2023)" massive budget of $340 million meant that its final gross will have to be much more than the previous movie, which is not possible as it only performed as - not surpassing what was - expected in the opening weekend. CinemaScore: B+.
Reply by Midi-chlorian_Count
on July 4, 2023 at 3:54 AM
There's some weird massive budgets at the moment, what with this and Indiana Jones. Plus there seems to be a ridiculous stack of "blockbusters" all being released very close to each other - Flash, Transformers, Spider-verse, Mission Impossible, Oppenheimer, Barbie...
I would if there was some sort of backlog created due to COVID and now they're all being released relatively close together despite the studios knowing they'll surely take a hit as they just have to get them out as the bandwagon rolls on.
They said that the Fast X budget was hit not only by the director walk out but by COVID and also rampant recent inflation. I wonder if Indiana Jones had the same issues.