-65% is a decent hold for a first Monday, that should be put into perspective because of the relatively muted Sunday numbers though.
For context:
- Age of Ultron was -74% (largely due to a big Sunday because of holdovers generated by the Pacquiao/Mayweather fight that happened on Saturday). Ended with a 2.4 multiplier.
- Civil War was -69% but with a smaller drop on Sunday than MoM. To keep in mind also, that movie was really frontloaded and cemented Marvel Studios event movies as front heavy bo performers regardless of reception. This one ended its domestic run with a 2.27 multiplier.
- Guardians of the Galaxy Vol 2 was -75%. Ended with a 2.66 multiplier.
And because Covid has and is still disturbing movie going habits, also for good measure:
- The Batman was -68% on its first Monday (that was after a super strong Sunday) and is looking to end its run with a multiplier around 2.75.
First Tuesday numbers are generally a little more telling but if I had to guess I’d say we’re looking at a movie with a potential final domestic gross of anywhere between 405 with a 2.15 multiplier to 455 with a multiplier of around 2.45. This is the range I see and right now I think it’s more likely to finish in the low-end of these estimates. I could be proven wrong though.
Also and it’s not entirely unrelated but I feel the movie came out a week too late. I understand the significance of being the first blockbuster of the summer season but a late April release really feels like the sweet spot for those films. Gives them more room to breathe before the Memorial-Day heavy hitters and the last two weekends of April are usually void of competition. Aside from Covid related fears, I don’t really understand why they sticked with that date after pushing IW and EG forward in 2018 and 2019.