{"id":123202,"date":"2025-08-31T17:28:08","date_gmt":"2025-08-31T17:28:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/123202\/"},"modified":"2025-08-31T17:28:08","modified_gmt":"2025-08-31T17:28:08","slug":"summer-box-office-2025-gets-clobbered-as-overseas-grosses-fall","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/123202\/","title":{"rendered":"Summer Box Office 2025 Gets Clobbered As Overseas Grosses Fall"},"content":{"rendered":"

\n\tWhatever happened to the mantra \u201csurvive until \u201925,\u201d the go-to refrain for theater owners and Hollywood executives trying to remain optimistic when the box office<\/a> kept slumping last year, with revenue lagging well behind pre-pandemic levels?\u00a0<\/p>\n

\n\tPerhaps the mantra disappeared this summer when it became clear that not even the likes of Superman or even bigger and scarier dinosaurs could save the day. As the summer season wraps on Sept. 1, Hollywood is facing the worst-case scenario: May to Labor Day ticket sales in North America barely matched the $3.67 billion collected in 2024, even if the deficit was only $7 million. Piling in on, Universal and Amblin\u2019s rerelease of Steven Spielberg\u2019s 50-year-old Jaws beat two new studio films <\/a>domestically over Labor Day.<\/p>\n

\n\tAll had assumed this year\u2019s summer lineup would have the strength to equal or surpass the $4.09 billion grossed in summer 2023. But it isn\u2019t to be, leaving studio execs and exhibitors in a state of shock as they wrestle with how to operate in a new world order where moviegoing might never return to pre-COVID levels. (One studio that\u2019s still smiling is Warner Bros., which has been a dazzling winning streak.)<\/p>\n

\n\t\u201cI\u2019m very, very nervous for the future,\u201d says one top studio executive. \u201cThere are all these studios and companies making movies. I don\u2019t think there is enough of an audience for them.\u201d That is not a sentiment theater owners or many other studios share \u2014 they think the solution is more product delivered to their big screens.<\/p>\n

\n\tThe season certainly started off with a bang, but grosses took a nosedive in the latter half as the life raft once provided by the foreign box office nearly deflated and a glut of male-skewing tentpoles battled for scraps. In North America, Disney\u2019s live-action Lilo & Stitch and Paramount\u2019s Mission: Impossible \u2014 The Final Reckoning fueled a record Memorial Day weekend. Lilo took in $182 million during the four-day holiday on its way to becoming the only 2025 title so far to cross $1 billion at the global box office. Mission: Impossible opened to a franchise-best $79 million domestically for Paramount. The late-May bloom resulted in domestic revenue being up 25 percent year-over-year, but the downhill slide soon started.<\/p>\n

\n\t\u201cSince June 13, we\u2019ve had just one up weekend, which was July 11-13 when Superman opened,\u201d notes Comscore chief box office analyst Paul Dergarabedian. \u201cAnd beginning July 18, the domestic box office has been down every weekend for six weekends in a row.\u201d The result: The year-over-year, much-needed advantage has diminished to a mere 5 percent.\u00a0<\/p>\n

\n\tDavid Croy\u00e9\u2019s consulting and research firm JustWatch Media, which monitors trailer campaigns and moviegoing habits, found that weeks ago only 25 percent of people said they\u2019d prefer to wait to see a summer movie on streaming, a healthy sign. In more recent days, however, that number shot up to more than 36 percent. He says this hits mid-size movies particularly hard, as well as being a major reason why the sheer number of people going to the cinema may never equal pre-COVID times.<\/p>\n

\n\t\u201cI don\u2019t think the studio system will fill the gap that started from the pandemic,\u201d says the founder and CEO of JustWatch. \u201cIt\u2019s not as mass a market anymore. It\u2019s about an even smaller group of people going to the movies more often. So there\u2019s a lot more streaming and watching at home.\u201d<\/p>\n

\n\tMission: Impossible was among numerous tentpoles competing for male eyeballs in the U.S. Before the pandemic, a studio could rely on the foreign box office to make up for any lost ground stateside. China alone could pony up $100 million to $200 million, if not more, in receipts. These days, a Western title is considered a hit if it earns $50 million at the Chinese box\u00a0office.<\/p>\n

\n\tTake Tom Cruise\u2019s M:I franchise, whose movies have always been popular in China. This summer, Final Reckoning took in a stellar $65 million for a foreign cume of $400.6 million and $598 million globally. Yet that pales in comparison to the $181 million grossed by Mission: Impossible \u2014 Fallout in 2022. That film\u2019s foreign haul was $604 million for a worldwide total of $824 million. <\/p>\n

\n\tJurassic World Rebirth also prospered in China, earning nearly $80 million there as part of its global total of $887 million. But that\u2019s nothing compared with the $261 million earned by Jurassic World: Fallen Kingdom in the pre-pandemic era (the 2018 movie grossed $1.3\u202fbillion globally). <\/p>\n

\t\t\t\t\t\t\"\"<\/p>\n

\n\tStudio insiders say a raft of other markets in Asia have soured on U.S. movies as local content flourishe. That includes South Korea and markets across Southeast Asia. One startling example: Hollywood titles used to make up 50 percent of the box office revenue in Vietnam; now it\u2019s just 14 percent. The downturn has hurt superhero pics in particular, explaining the lackluster offshore performance of Marvel\u2019s Fantastic Four: First Steps and DC Studios\u2019 Superman. <\/p>\n

\n\tIn 2024, six of the top 10 highest-grossing studio movies earned 60 percent or more of their total earnings from the foreign box office. This year so far, that number is three out of the top 10. That\u2019s a far cry from pre-pandemic 2019, when eight of the top 10 studio films hit that\u00a0threshold. Superman films have always been a tough proposition because of the comic book character\u2019s pro-American legacy. But even Man of Steel earned nearly 57 percent of its $670 million global haul from the foreign box office. This summer\u2019s Superman? A mere 43 percent. <\/p>\n

\n\tThe overall downturn at the foreign box office \u2014 which extends beyond Asia \u2014 in terms of the appetite for Hollywood pics helps explain why Lilo & Stitch has been the only 2025 title so far to cross $1 billion worldwide. It\u2019s the first time since 2021, when the pandemic was still ranging, that at least two films haven\u2019t reached this milestone by the time summer was over, including Inside Out 2 and Deadpool & Wolverine last summer. Lilo, thanks to being known IP and a family film, was able to play well across the globe. And pics targeting parents and kids are doing record numbers in Latin America, such as Lilo or DreamWorks Animation and Universal\u2019s The Bad Guys 2.<\/p>\n

\n\tRegardless of where summer revenue lands, there were plenty of highs and surprise hits, including Warners\u2019 Weapons and F1: The Movie, the Formula One pic from Apple Original Films that had already broken numerous records before pulling off the biggest surprise of summer in passing up Superman on Aug. 27. \u201cWhile the overall numbers came in lower than expected, it would be unwise to conflate this less than expected outcome in terms of revenue with the quality of the movies,\u201d says Dergarabedian. That, however, may be cold comfort to execs tasked with drawing up theatrical\u00a0slates<\/p>\n

\t\tSummer Box Office Heading into Labor Day\t<\/p>\n

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