The latest installment of the “Mission: Impossible” franchise, starring Tom Cruise, has not managed to achieve the spectacular box office results that Hollywood anticipated, The New York Times reports.
What Happened: Despite a solid opening, “Mission: Impossible — Dead Reckoning Part One” fell short of industry expectations, raising concerns about Hollywood’s overreliance on aging franchises.
The film, which cost at least $400 million to make and market, grossed about $235 million globally in its first five days. Analysts had predicted a worldwide total of around $250 million.
David A. Gross, a film consultant, stated, “The industry was looking for bigger here.”
He added, “This opening is roughly average for an action thriller at this point in its series.”
See Also: New ‘Mission: Impossible’ Movie Sees Tom Cruise Dealing With AI And Cryptocurrency
Why It Matters: The underperformance of “Dead Reckoning Part One” adds to the growing concern about the future of big-budget franchise films. Several sequels, including the third “Ant-Man” movie, the 10th “Fast and Furious” chapter, and the fifth “Indiana Jones” installment, have also disappointed at the box office.
As the actors’ union SAG-AFTRA goes on strike for the first time in 43 years, studios like Universal, Sony and Disney are moving ahead with releasing films without star-studded promotions in the coming days.
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