Despite fears that the movie would flop, the future of James Cameron and Robert Rodriguez's Alita: Battle Angel is looking a lot better as its first weekend at the box office comes to a close.
According to Deadline, Alita has made approximately $94.3 million internationally. Domestically, the film has also seen something of a boost and will now take in $41.7 million over its first five days. This is up from estimates from earlier this weekend that estimated the movie would only earn $37.5 million by the end of Monday's holiday. Together, this means Alita will have earned about $136 million worldwide by tomorrow night.
Gitesh Pandya of Box Office Guru projects the film as having the potential of earning between $500 million and $600 million -- if not more -- by the time Alita leaves the box office. Still, the movie is going to have to have some pretty good staying power to beat those numbers.
Big $56.2M intl wknd for #AlitaBattleAngel led by strong debuts in Russia, France & Mexico. Intl cume now $94.4M putting early global #boxoffice at $130.9M. With China & Japan set to open this FRI, final worldwide haul could reach $500-600M range, or more.— Gitesh Pandya (@GiteshPandya) February 17, 2019
In terms of production costs, Alita cost over $170 million to make. However, this doesn't factor in distribution or marketing costs, which are estimated to be somewhere around $500 million. Foreign distributors, including China, often retain a higher percentage of income at the box office, but the notion that Alita could make more than $600 million will certainly come as a relief for 20th Century Fox, as early projections estimated the movie would bomb at $23 million domestically.
One of the driving forces behind the movie's resurgence is likely the positive word of mouth that's spreading among fans and Fox's aggressive ad campaign that touts Cameron's involvement with the project.
The international box office -- particularly China -- has become increasingly important in recent years and is one of the main factors in the success of films such as Aquaman, which has earned approximately $799 million overseas. How Chinese audiences respond to the film will likely be the deciding factor in just how well Alita does.
Directed by Robert Rodriguez, Alita: Battle Angel stars Rosa Salazar, Christoph Waltz, Jennifer Connelly, Mahershala Ali, Ed Skrein, Jackie Earle Haley, Keean Johnson, Michelle Rodriguez, Lana Condor and Eiza González. The film is in theaters now.