Despite receiving mixed reviews, Insidious: The Red Door rose to the top spot at the box office, dethroning Indiana Jones and the Dial of Destiny.
Insidious: The Red Door rose to the top spot at the box office on its opening weekend, managing to beat Indiana Jones and the Dial of Destiny with its earnings. Insidious: The Red Door is the fifth installment in the Insidious franchise and marks the conclusion of the Insidious film series. The film goes back to its roots, bringing back Ty Simpkins, Rose Byrne, Patrick Wilson, and Andrew Astor from the first two films to reprise their roles as the Lambert family.
As reported by Variety, Insidious: The Red Door took the No. 1 spot at the box office in its opening weekend. The film garnered a total of $32.6 million over the weekend, exceeding Indiana Jones and the Dial of Destiny's earnings of $26.5 million. Indiana Jones and the Dial of Destiny is in its second weekend and its earnings marked a significant decline from its opening.
SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT Big-Budget Movies Are Struggling At The Box Office Indiana Jones and the Dial of Destiny's short-lived run at the top of the box office and decrease in earnings from the opening week is concerning, considering the film's high budget. The film came with a hefty estimated budget of $250 to $300 million, and that's not even counting marketing and advertising cost.
This makes it one of several big-budget films of 2023 to flop. While Indiana Jones and Insidious are battling it out at the box office, The Flash dropped completely off the charts in its fourth week. The highly anticipated DC film premiered on June 16 and needed to make an estimated $400 million to break even. However, The Flash has pulled in just $250 million and is anticipated to be a major loss for Warner Bros.
There are a couple of reasons for the unpredictability of the 2023 box office, including the rise of streaming, economic factors, and pandemic influence. However, it's also possible that some studios are inflating their budgets, even though it's becoming clearer that bigger budgets don't mean a bigger profit. Additionally, viewers might just be looking for something a little different than blockbusters from aging franchises.
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