Series of Oscar-baiting films including $35M Tar and $40M The Fabelmans have ... trends now
Highbrow films that are being touted for Oscars nominations are failing at the box office - with ticket sales raking in tens of millions of dollars less than their budgets.
While action and superhero films continue to draw in huge audiences, the serious and often downbeat movies which directors hope will sweep up top awards are failing to achieve popularity.
Critics have blamed factors such as booming streaming services and the fallout from covid for the flops.
Armageddon Time had a budget of around $30 million but has made only $1.9 million at the box office in America, an analysis of Oscar hopefuls by the New York Times reports.
The coming-of-age film is 'a story about the strength of family and the generational pursuit of the American Dream'.
The Fabelmans, from legendary director Steven Spielberg, had a $40 million budget before marketing, but raked in only $5.7 million
Armageddon Time had a budget of around $30 million but has made only $1.9 million at the box office in America
Tar had ticket sales of $5.3 million - less than a fifth of the $35 million it cost to make and market.
She Said cost Universal $55 million but took just $5.3 million.
Steven Spielberg’s The Fabelmans also flopped, despite its legendary creator. The movie had a $40 million budget before marketing, but raked in only $5.7 million.
The highest-grossing move of the year was Top Gun: Maverick, which brought in a massive $717,748,136.
The highest-grossing move of the year was Top Gun: Maverick, which brought in a massive $717,748,136.
Black Panther: Wakanda Forever comes in third on the 2022 box office chart with $393,671,128
