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The ‘most boring’ movie of 2024 is quickly becoming its most profitable


Undated film still from The Strangers: Chapter 1 showing masked strangers wielding weapons

A horror reboot with a small budget is enjoying a stellar run in cinemas (Picture: Lionsgate/John Armour)

A film slammed as ‘the most boring movie of the year’ by some fans – alongside a critical panning in reviews – is healthily on its way to becoming one of the most profitable of 2024.

Horror has always been a genre that can promise a box office bonanza, even more so when returning to a popular franchise.

And this is exactly what’s happened with The Strangers: Chapter 1.

Reactions to this horror flick, which is a reboot of the successful film series that started with 2008’s The Strangers, have not been warm – it’s only managed a measly 21% on review aggregator site Rotten Tomatoes, where it’s described as ‘a redundant exercise’, ‘generic’ and ‘more unpleasant and depressing than engagingly scary’.

However, it doesn’t appear to have dented its performance in cinemas worldwide since it was released on May 17.

Following a similar premise to the original film, which starred Liv Tyler and Scott Speedman, The Strangers: Chapter 1 see a young couple forced to spend a night in a remote Airbnb when their car breaks down.

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The Strangers: Chapter 1 is the next film in the horror franchise that started in 2008 (Picture: Lionsgate/John Armour)

Panic then ensues as the duo (this time played by Riverdale’s Madelaine Petsch and Froy Gutierrez from Teen Wolf) are terrorised by three masked strangers who strike with no mercy and seemingly no motive.

The movie has already managed to rake in $37.5million at the global box office which, although it might not sound like huge business, is when it’s compared to its small budget of $8.5m.

Strangers: Chapter 1’s box office so far is already 4.5 times bigger than its production budget, after three and a half weeks on theatrical release.

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To put that in perspective, it’s actually surpassed Dune: Part Two in terms of profitability in line with its budget as the Zendaya and Timothée Chalamet-starring flick has raked in $711m worldwide since its release in March – but on an estimated budget of $190m.

Therefore, the epic sci-fi sequel – which is the highest grossing film of the year so far – is yet to make four times its budget, which would be $760m.

It’s a similar story for Godzilla x Kong: The New Empire, which is at number two and has made $567m on a budget of between $135m to $150m; the smaller budget estimate puts it at making just over four times its budget, but not to the same extent as Strangers: Chapter 1.

It’s made over four times its budget already, following in the success of its predecessors (Picture: Lionsgate/John Armour)

So there’s every chance that this horror sequel could replicate, or even surpass, the success of the …read more

Source:: Metro

      

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