The Borderlands movie had a very bad first weekend in theaters and the second weekend had low numbers as well. Of course, most movies see drop-offs in the weeks after release, so this was always expected for Borderlands. It’s looking like another major 2024 flop, like Madame Web.
Borderlands earned $2.4 million in North America this past weekend, finishing No. 9 for the weekend, beating only the Hindi horror comedy Stree 2 ($2.2 million) in the top 10 list. Borderlands has now earned $13.5 million in total from North America and a further $5 million from international markets for a global total of $18.5 million.
The Borderlands movie reportedly had a production budget of $115 million and advertising and distribution costs of about $30 million. While Borderlands sounds like it might be a money-loser in the end, we don’t know that for sure. After all, about 60% of the Borderlands movie’s production costs were made back after the first weekend through pre-sales to international exhibitors.
Then there’s the revenue that will come from the Borderlands movie’s home video release, which is reportedly coming on August 30. Lionsgate could also make money off the movie by selling it to airlines and other distribution partners.
Lionsgate financed the movie, and no matter how it ends up faring at the box office, developer Gearbox may not take a financial hit. “The money surrounding the movie is the movie studio’s risk, so I’m not really affected by that, except that if the studio loses money it may not want to make another movie (which would be a shame),” Gearbox boss Randy Pitchford said on social media.
The odds of a Borderlands movie sequel happening would seem to be extremely thin given the critical and commercial response to the film.
Borderlands came up short despite it being an established, popular IP with a dedicated fanbase, along with a cast of high-profile and acclaimed actors like Cate Blanchett, Jamie Lee Curtis, Jack Black, Ariana Greenblatt, Kevin Hart, and Edgar Ramirez.
Strauss Zelnick, the head of Gearbox owner Take-Two and a former movie executive himself, urged people to give the film a chance despite its poor reviews. For more, check out GameSpot’s Borderlands movie review.
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