Apart from the liked it/ didn't like it / it was great/ it sucked/ a fun female empowerment superhero film / what the @$#%^& were they thinking type arguments, there's a very practical lesson(s) here somewhere. Just under 2 weeks in distribution, and with rapid decline, The Marvels has done:
Grosses
DOMESTIC (40.2%)
$64,945,395
INTERNATIONAL (59.8%)
$96,556,717
WORLDWIDE
$161,502,112
Interesting that most of the $$$ is international.
Some have posted that those box office numbers are FAR AND AWAY from being a box office "bomb." I agree, not a bomb but definitely a BIG disappointment financially since he majority of modern film revenue comes in the first few weeks.
Let's extrapolate and (VERY GENEROUSLY) say that at the end of its theatrical run, it makes $250 million gross worldwide.
Studio gets ROUGHLY 50% of that overall cut (it's different for different countries, but for simplification purposes).
So they end up with $125 million USD NET revenue.
Production costs were estimated to be at LEAST $220 million, perhaps closer to $300 million USD.
Advertising DID happen, but the stars could not interview and make the press rounds during the Hollywood Actors' strike.
So, conservatively, I will "lock" The Marvels' total production cost in at $300 million to Marvel/Disney (yes, it was likely much more, but again for simplicity's sake). And we are not including whatever blu-ray or streaming revenue may come.
You spend $300 million, to get $125 million back.
EVEN IF the movie could have been made for HALF of our low-ball estimate ($300 million x 50% = $150 million), the studio still loses $$$.
EVEN IF the movie could have been made and advertised for $100 million, the studio would have only made $25 million profit.
There are a plethora of reasons why the film is under-performing. They have been reiterated here ad nauseum. But to me, some of the biggest problems involve the production costs. The market has changed; the Covid-19 pandemic was partly responsible, people's nice home theater setups are partly responsible, the cost of movie tickets and concessions are partly responsible, streaming is partly responsible, a plethora of OTHER entertainment sources is partly responsible, etc.
Going forward: How does ANY studio make the next blockbuster, on a diet? There's got to be a way, because this type of shoveling cash into the fire can't go on.