Disney’s “Mufasa” continues to perform well at the box office, reaching $671 million globally, while “Paddington in Peru” has crossed the $100 million mark overseas. In contrast, Universal’s “Love Hurts” and “Dog Man” have struggled significantly, facing audience and critic backlash. The financial landscape in cinemas remains unpredictable, underscoring the importance of strategic releases.
The box office performance of Disney’s “Mufasa” has remained strong, achieving $671 million in global ticket sales. Over the weekend, it added $8.5 million from 52 international markets, bringing its domestic total to $235 million and international sales to $432.9 million. This film stands as the seventh-largest release of 2024, indicating a positive recovery in its box office fortunes despite initial struggles during the holiday season.
Meanwhile, “Paddington in Peru” has successfully crossed the $100 million mark at the international box office, having grossed $104 million overseas. The film is set for release in the U.S. and Canada on February 14, with previous installments performing better internationally. The production of this animated feature was financed by StudioCanal, with Sony overseeing distribution in key territories.
In contrast, Universal’s “Love Hurts” has performed poorly, earning only $1.075 million from 31 markets and stumbling to $5.8 million domestically, leading to a mere $6.8 million global total. This R-rated film, produced at an $18 million budget, faced negative feedback from both critics and audiences, although the lower production cost may ease its profitability concerns.
Another Universal release, the animated “Dog Man,” also struggled, generating $6.5 million in overseas markets and a total of $66 million worldwide against a $40 million budget. Its debut in the U.K. and Ireland yielded $4 million, but overall performance has been disappointing while catering to a younger audience.
The box office landscape is currently marked by the ongoing performance of major animated and family films. Disney’s “Mufasa” serves as a prequel to the phenomenally successful “The Lion King” series, while “Paddington in Peru” builds on a beloved franchise established by children’s literature. The performance of these films contrasts sharply with newer entries like “Love Hurts” and “Dog Man,” showcasing the competitive nature of theatrical releases in 2024.
Overall, Disney’s “Mufasa” and “Paddington in Peru” have marked significant box office milestones, demonstrating the enduring appeal of family-oriented films. Conversely, Universal’s recent projects have failed to resonate with audiences, highlighting the unpredictable nature of box office success. As the theatrical landscape evolves, it remains essential for studios to understand audience preferences and trends in film consumption.
Original Source: variety.com
