Entertainment

'King Arthur' is going to be the first major box-office bomb of the summer

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King Arthur: Legend of the Sword
"King Arthur: Legend of the Sword."  Warner Bros.

Though "Guardians of the Galaxy Vol. 2" showed us the box-office power of a franchise last week, earning over $425 million worldwide its opening weekend, be prepared for the opposite this weekend. 

Warner Bros.' $175 million medieval actioner "King Arthur: Legend of the Sword," based on the legend and starring Charlie Hunnam ("The Lost City of Z," "Sons of Anarchy"), is projected to make only $25 million domestically on 3,600 screens, according to Variety.

The colossal bust will be the first casualty this summer-movie season and continues the drop director Guy Ritchie has suffered following the success of the "Sherlock Holmes" franchise.

Ritchie's slick style with popping photography and colorful characters brought him attention with his early work like "Lock, Stock, and Two Smoking Barrels" and "Snatch," but his 2015 spy movie "The Man from U.N.C.L.E." only made $100 million worldwide, and now "King Arthur" is being bashed by critics (it has a Rotten Tomatoes score of 22% as of this writing).

But "King Arthur" will not be the only casualty this weekend. The Amy Schumer/Goldie Hawn comedy "Snatched" is also getting the cold shoulder from critics (we thought it was shockingly awful) and is projected to earn $15 million to $17 million. But the 20th Century Fox comedy was made for a fraction of the "King Arthur" budget.

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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?