Entertainment

'Dumbo' wins the weekend box office, but performs worse than expected

Dumbo Disney
"Dumbo." Disney
Read in app

Disney's "Dumbo" is having a bumpy takeoff.

It's uncommon for a Disney IP to not hit its industry box office projections or surpass it, but that's what's happened to the latest live-action remake of the Disney classic animated movie.

Tim Burton's look at lovable Jumbo Jr. (budgeted at $170 million, not counting marketing) took in an estimated $45 million over the weekend, that's below the $50 million most of the industry predicted it to make this weekend.

Playing on over 4,200 screens, Disney gave the movie the ability to be another one of its many hits, despite having a feeling audiences weren't going to run to see a movie about an elephant with big floppy ears who is split up from his mother. When reviews for "Dumbo" officially went online, Disney released its "Avenge the Fallen" character posters for its upcoming "Avengers: Endgame" Marvel movie, which went viral and numbed some of the negative "Dumbo" reviews (the movie is only sporting a 50% rating on Rotten Tomatoes).

Read more: Jai Courtney says he will be back playing Captain Boomerang in the James Gunn "Suicide Squad" movie

The "Dumbo" opening is a far cry from Burton's last live-action remake for Disney. 2010's "Alice in Wonderland" had a $116 million opening, strengthened by the 3D craze of the time. The movie went on to earn $1 billion. The opening for "Dumbo" didn't do as strongly as Disney live-action movies like 2014's "Maleficent" ($69.4 million) and 2015's "Cinderella" ($67.8 million), but did better than the studios' previous live-action remake, "Christopher Robin" ($24.6 million).

Coming in second place for the weekend was Universal's "Us," bringing in $33.6 million. The Jordan Peele movie has earned over $100 million domestically (it was made for $20 million). Peele is now the first African-American writer-director with multiple movies to gross $100 million (the other being "Get Out").

Neon's ambitious release of Harmony Korine movie "The Beach Bum" didn't turn out so well. The movie played on over 1,000 screens but only brought in $1.8 million. That's the lowest wide-release opening ever for a Matthew McConaughey movie (performing worse than the $4.4 million opening for his movie "Serenity" earlier this year).

Read next

Jason Guerrasio
Jason Guerrasio
Jason Guerrasio is an award-winning entertainment correspondent at Business Insider and has covered various aspects of the film industry for over two decades. On the site, his reporting can range from what's going on behind the scenes at some of the biggest companies in Hollywood, colorful interviews with some of the most well-known names in entertainment, and exploring the darker side of the industry.In 2020, Jason received the New York Press Club award and Los Angeles Press Club award for his story on the rise and fall of MoviePass. It has since been made into the Emmy-nominated HBO documentary "MoviePass, MovieCrash."Previous to BI, Jason was the managing editor at Filmmaker Magazine, one of the leading publications in the independent film industry. He's also written for numerous publications over the years, including Vanity Fair, Esquire, Rolling Stone, Vulture, Variety, and indieWire.Popular ArticlesMary Carole McDonnell built a true-crime empire. Then the FBI came for her. Growing up Marvel: The tormented life of Stan Lee's child, JC LeeA bullet. A legend. A lie. Bufford Pusser killed his wife, authorities say. What happens to his legacy now?