The summer box office has experienced a nuclear explosion of success with filmmaker Greta Gerwig’s female-driven Barbie film, grossing a stunning $70.5 million on Friday, including $22.3 million in previews. If early predictions are correct, the Warner Bros. production is on track for an extraordinary domestic opening of over $155 million, a feat usually reserved for male-driven superhero movies or iconic franchises such as Harry Potter.
Internationally, Barbie is also making a splash, projected to debut with impressive figures of up to $120 million. In North America, the film is poised to secure the title of the biggest domestic opening ever for a movie directed by a woman, currently held by Patty Jenkins’ Wonder Woman, which opened with $103.3 million in 2017. Additionally, Barbie is set to claim the top opening of 2023, surpassing major releases like The Super Mario Bros. Movie, Spider-Man: Across the Spider-Verse, Guardians of the Galaxy Vol. 3, and Ant-Man and the Wasp: Quantumania.
Christopher Nolan’s Oppenheimer, another new wide release, is also performing admirably, exceeding expectations with an estimated $77 million weekend gross. The three-hour historical drama about J. Robert Oppenheimer and the making of the atomic bomb will be the director’s third-largest domestic debut, trailing behind The Dark Knight Rises and The Dark Knight.
The Barbie audience is predominantly female, making up 68 percent of the viewership, while Oppenheimer appeals more to male moviegoers, accounting for 64 percent of its audience.
This weekend’s incredible one-two punch of Barbie and Oppenheimer has been dubbed “Barbenheimer,” providing a much-needed boost to the box office, which is still recovering from the pandemic’s impact. This historical feat marks the first time in cinema history that one film is projected to earn over $100 million while another crosses the $50 million mark in a single three-day weekend.
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Experts predict this weekend to be one of the most lucrative in box office history, approaching revenues seen during the peak of Avengers: Endgame’s success. The combined ticket sales are estimated to reach approximately $306 million, a remarkable achievement in the current climate. This surge in box office earnings provides a welcome respite for the industry amid the ongoing writers’ and actors’ strike, which has caused concern among theater owners about potential delays in fall and winter releases.
Both Barbie and Oppenheimer have received positive responses from audiences, earning A CinemaScores. Critics’ scores on Rotten Tomatoes are also impressive, with Barbie holding a solid 90 percent and Oppenheimer closely following with 93 percent.
Interestingly, a survey conducted by the National Association of Theater Owners revealed that 200,000 moviegoers in the U.S. have opted for a double feature, planning to watch both Barbie and Oppenheimer in one sitting. This unique moviegoing trend could contribute to the films’ continued success.
Amidst the Barbie box office frenzy, Tom Cruise’s Mission: Impossible: Dead Reckoning Part One faces stiff competition. After a successful five-day debut, the film is projected to experience a significant drop of over 55 percent in its second outing, despite receiving even better reviews than Barbie and Oppenheimer. As Paramount’s seventh Mission: Impossible installment loses IMAX and other premium large format screens to the two new releases, it might impact the film’s overall performance and revenue.
Additionally, Angel Studios’ independent sleeper hit, Sound of Freedom, is expected to enjoy another robust weekend with potential earnings of $20 million or more. This faith-based political thriller starring Jim Caviezel has been gathering attention, with the film crossing the $100 million mark domestically.
In summary, Barbie box office collection has shattered records, showcasing the power of female-led films in the entertainment industry. Its impressive performance, coupled with Oppenheimer’s success, has given the box office a much-needed boost, creating an unforgettable weekend in cinema history. As the industry continues to recover, the summer box office is proving to be a beacon of hope for the future of film.