Thu. Jul 11th, 2024

‘Planet of the Apes’ shows Disney scarcely using Fox’s franchises.

By nr39r May10,2024
News

‘Kingdom of the Planet of the Apes’ arrives late, allowing us to reclaim Fox’s underappreciated library fund.

Thanks to some hefty expenditures in recent years, Disney now owns a number of extremely valuable properties. You can easily spot them; they’re a part of the Disney+ channels that feature Marvel, Star Wars, Pixar, and the studio’s own classic cartoon division. The Disney store, though, has a lot more.

Take National Geographic as an example; it’s a treasure trove of documentaries that even has its own channel on Disney+. For example, there’s Fox, which Disney acquired in 2017 with the explicit goal of acquiring a string of highly lucrative titles. For instance, the Marvel division that has been existed since the label sold its characters to other studios before beginning to make its own pictures, such as the Fantastic Four and the Mutants. The outcomes of this comeback to Marvel will be seen in ‘Deadpool and Wolverine’, which stars Wolverine, and in 2025 with the 4F film.

Another example would be Fox’s ‘The Simpsons,’ which, like ‘Futurama,’ is still airing today and brings in a ton of money for the service. Or there’s ‘Avatar,’ whose sequel was so successful that it may have stunned Disney’s top brass. To go even farther, there’s the “Planet of the Apes” series, which was revived a few years ago (before to the acquisition) with a trio of critically acclaimed blockbusters directed by Matt Reeves. Years later, he drops a hybrid sequel/reboot called “Kingdom of the Planet of the Apes” that makes some noise. Disney finally got it back, but why did it take them so long? Is there anything more you have planned?

We have to dig into the vaults of Fox franchises to get ‘Planet of the Apes,’ a studio with a lengthy history (it was formed in 1935) and a lot of renown as a fantasy manufacturer (for instance, no We brought up ‘Alien’ earlier; it’s another Fox property that Disney will exploit with ‘Alien: Romulus’ at an unusually late date—seven years after the last instalment, ‘Alien: Covenant‘—which is “unusually” for a studio that has managed to release four films and five series a year.

We are not referring to A24 here, but rather other stalled brands that would benefit greatly from a reboot or sequel (again, considering Disney’s philosophy in this area), so it’s puzzling that the studio doesn’t get back to them sooner. Disney may decide to bring new life to the following stories and brands in the future:

We aren’t debating the wisdom of Disney reviving Cocoon; rather, we are asking why, given Disney’s track record, the studio hasn’t done it sooner. There are a lot of semi-forgotten yet powerful properties that merit a return to the top, like “Planet of the Apes,” so why bother? We may get the chance to meet him in the years to come.

Kingdom of the Apes, the first Planet of the Apes film released by Disney following its acquisition of Fox, will debut this weekend with an expected domestic gross of $50 million and a worldwide gross of $130 million.

Those predictions better hold after Universal’s Fall Guy, Jesus, God, Saint Mary and Joseph’s lackluster premiere. Apes intends to attract men under the age of 35 in a manner that Fall Guy failed to do. With pre-sales in the US of about $3.1M and what was the 3-day total for Mission: Impossible – Dead Reckoning ($54.6M), we can expect a launch of $50M+. That opening weekend in the US and Canada is solid, and it’s not far off from the $56.2 million that War of the Planet of the Apes, Matt Reeves’ 2017 film, had. Compared to War for the Planet of the Apes, Kingdom of the Apes opens when there is less competition, which is a major plus. War of the Planet of the Apes director Wes Ball returns with a sequel set 300 years after the events of Maze Runner. Still no reviews on Rotten Tomatoes.

Two of the most recent Planet of the Apes films, directed by Reeves, were among the three 20th Century Fox features to earn an A- CinemaScore. The Mark Wahlberg–starring, Tim Burton–directed 2001 film received a B–grade.

With the addition of a two-week run in Imax and PLFs, the $165 million film has already sold out 3,700+ locations. Advance showings of the PG-13 film will be held at Imax and PLFs on Wednesday at 7 PM and Thursday at 3 PM.

On Wednesday, the film will launch in France, Italy, Germany, and Korea, marking the complete rollout of its offshore presence. Britain, Brazil, Australia, and Mexico are among the majors that will be joining on Thursday. Next on Friday are Japan, China, and Spain.

International sales estimates for the frame currently stand at $80 million or more. Excluding China, that amounts to $70 million in foreign revenue. Even if it’s getting harder to predict the market there, three local films had a successful five-day May Day holiday run. Those will determine the fate of Kingdom; keep in mind that Saturday is a workday as well. Right now, China should be worth over $10 million.

Using current exchange rates and comparable films, Rise of the Planet of the Apes (2011) earned $62 million worldwide, with $8 million coming from China. War for the Planet of the Apes(2017) had a $130 million launch, with $56 million coming from China, while Dawn of the Planet of the Apes (2014) made $127 million.

Another perk of those films was their 3D technology, which is missing from the Ball version. Mexico, Brazil, Korea, and the more established European majors are where the most recent iteration of the franchise has shown to be most successful. Despite our expectations that Kingdom will secure multiple No. 1 openings, we also anticipate that strong local titles will continue to play a larger role in some instances (consider Korea as an example).

A launch event was held in London’s BFI IMAX on April 25 as part of the overseas promotion. Ball, Freya Allan, Owen Teague, and Kevin Durand were in attendance. Another actor who came out in support of it was Andy Serkis, who had a memorable role as Caesar in the first three films of the current trilogy.

From 2011 to 2017, the three films that made up the Planet of the Apes franchise brought in $1.68 billion worldwide. Based on the novel by Pierre Boulle, the first film premiered in 1968 and earned more than $32 million (before inflation) in the United States. In the 1970s, more sequels came out. The worldwide box office take for Burton’s revival was $362 million or more, but it failed to inspire a sequel. The entire Planet of the Apes film series has made more than $2.1 billion over the world.

This weekend, 1,100 theaters across the United States will screen Not Another Church Movie, produced by Briarcliff Entertainment. The picture features Kevin Daniels, Mickey Rourke as Satan, and Jamie Foxx as God. “This is not a Tyler Perry Movie.” That’s the claim made by Johnny Mack, who wrote and directed the comedic parody. The picture is expected to have a low debut.

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