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Box Office: ‘Star Wars: Rise Of Skywalker’ Plunges 71% On Friday - Forbes

Star Wars: The Rise Of Skywalker has passed $300 million domestic and $600 million worldwide, and it’ll likely end the weekend neck-and-neck with The Last Jedi’s $368 million ten-day domestic cume.

Disney and Lucasfilm’s Star Wars: The Rise of Skywalker earned $26.2 million on Friday, soaring past $300 million in North America and $600 million worldwide. The film fell 71% from its $90 million Friday, which neither an emergency nor exceptionally strong. Rian Johnson’s The Last Jedi dropped 76% on its second Friday, while Rogue One fell 67% on its second Friday and J.J. Abrams’ The Force Awakens dropped 58% on Friday number two, which just happened to fall on Christmas Day. As presumed for awhile now, The Rise of Skywalker opened well below Last Jedi but is having stronger post-debut legs. Which is, not to brag, exactly what I’ve been saying would happen for two years.

Credit the “straight from opening weekend to holiday break” scheduling, an advantage that Rogue One and Last Jedi did not have but Force Awakens did. Wonder Woman 1984 and No Time to Die moving to 2020 didn’t hurt either. Rise of Skywalker grossed $316 million domestic in eight days, essentially neck-and-neck with The Last Jedi’s $321 million eight-day cume after a $220 million opening weekend. It could gross around $31 million today, giving it a nine-day total of around $346 million, or just below Last Jedi’s $350 million nine-day domestic cume. Barring a fluke in either direction, we can expect a $78 million second-weekend gross, down a “meh” 56% from its $176 million opening weekend.

That’ll give it around $140 million for the Wed-Sun holiday frame and $368 million in ten days of domestic release. If this all comes to pass, J.J. Abrams’ The Rise of Skywalker will become the third-biggest opener not to drop over $100 million in its second Fri-Sun weekend, after The Force Awakens and Black Panther. It’ll also put Rise of Skywalker neck-and-neck with Last Jedi’s $368 million ten-day total. So, about that “The Last Jedi ruined Star Wars!” thing? There is still a decent chance that The Rise of Skywalker will earn about as much, if not a bit more, in North America than The Last Jedi, exactly as the Emperor (and I) had foreseen!

Star Wars grossed $309 million in its initial theatrical release in 1977, while Empire Strikes Back earned $209 million in 1980 and Return of the Jedi earned $252 million domestic in 1983. 16 years later, The Phantom Menace earned $431 million domestic, followed by Attack of the Clones ($310 million) in 2002 and Revenge of the Sith ($381 million) in 2005. To the extent that Rise of Skywalker may have been rejiggered in order to placate the “Last Jedi was terrible!” folks, well, that might have been a case of preventing a field goal by allowing a touchdown. The immediate reception to Rise of Skywalker still puts the franchise on the defensive come December 2022.

That’s for another day. Star Wars: The Rise of Skywalker is still playing like a Star Wars movie. 20 years ago, The Phantom Menace opened slightly below expectations ($64 million Fri-Sun/$105 million Wed-Sun) but kept up momentum for a strong holiday-infused second-weekend gross ($66 million Fri-Mon) for a then-record $207 million 13-day cume. We’re seeing history repeat itself. The Rise of Skywalker is not quite as leggy as The Force Awakens (2.17x its opening weekend by day ten) or Aquaman (2.6x its opening weekend by the end of weekend two), but its projected 2.09x weekend-to-day-ten multiplier is slightly above both Hobbit prequels. Both of those films went on to earn over 3.53x their opening weekends.

That would give Rise of Skywalker a domestic finish above The Last Jedi’s $620 million cume. If it earns 50/50 worldwide, it’ll gross around $1.24 billion worldwide. That’s below Last Jedi’s $1.333 billion cume, but not a Jurassic Park III-level downturn overseas (nor a Matrix Revolutions-level downturn in North America). Since it could be tied with Star Wars VIII domestically as of Sunday, the question will be whether its second Mon-Thurs frame, also part of the holiday break, will be strong enough compared to Last Jedi’s second Mon-Thurs frame, which was its first holiday week, to break out in terms of day-to-day cumes. Find out tomorrow whether it will join the $100 million losers club.

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2019-12-28 15:30:33Z
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