US Box Office Had Worst Memorial Day Weekend Since 1999

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Sure, it topped the weekend box office take with a respectable $62 million and change, but it is the lowest opening for any movie in the franchise. Baywatch, which is a reboot of the popular 1990s TV show by the same name, has earned a total of $18.1 million on its first weekend in the US.

Rounding out the top five, we have Alien: Covenant (three-day $10.5 million, four day-$13.1 million, total $59.9 million), which dropped a hefty 70.8% in its second weekend, and teen romance Everything, Everything with a four-day total ($7.3 million) that brings it past the $20 million mark. "Dead Men Tell No Tales" kicked off in every overseas market this weekend and pulled in $208.4 million, giving it a $271 million worldwide launch.

In its fourth weekend of release, Disney's "Guardians of the Galaxy Vol. 2" actually swiped the second place spot from "Baywatch", bringing in an estimated $25.1 million. The studio reached it in the second-fastest time ever, only behind when it reached that mark a year ago in early May.

The fifth installment in the "Pirates" franchise starring Johnny Depp, this time directed by Joachim Ronning and Espen Sandberg, took in an estimated $77 million at the domestic box office over the four-day weekend, with an estimated global opening of more than $300 million. The film stars Johnny Depp, Geoffrey Rush, Javier Bardem, Brenton Thwaites, Keira Knightley, and Orlando Bloom.

Some other notable takeaways from this Memorial Day weekend included Dead Men Tell No Tales pushing the entire Pirates franchise past $4 billion.

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At the same time, even though The Rock has proven to be a very bankable actor, it turns out that people don't want to see him in a crude R-rated comedy.

Suggested solutions to the problem-again, the problem is too many film critics telling the public that they think a movie is bad, thus discouraging them from buying tickets-include moving all critic screenings back to opening day or eliminating them entirely. That leaves "Baywatch", which opened to just $23M over the four-day weekend, in a depressing third overall.

The film is likely to yield less than $200 million through its domestic run in theaters, according to Shawn Robbins at BoxOfficePro.

Disney hopes the box-office plunder keeps rolling in: The elaborately produced Pirates cost the studio US$230 million to make. Also arriving in limited release is Broad Green's documentary Buena Vista Social Club: Adios, Screen Media's Drone, Parade Deck Films' The Here After, Indican's action film Jasmine and Abramorama's Long Strange Trip - The Untold Story of The Grateful Dead, although no box office data was released for any of those movies yet. Alas that's not happening, even $200 million might be a stretch for the 5th Pirates of the Caribbean movie.

"King Arthur: Legend of the Sword", $10 million.

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