Fantastic Beasts 2 Global Launch Predicted to Net as Much as $275M

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The second film in a series of planned spin-offs of the Harry Potter franchise, Fantastic Beasts: The Crimes of Grindelwald, is set to hit theaters worldwide this weekend with a projected global box office haul of over $250 million.

According to DeadlineFantastic Beasts: The Crimes of Grindelwald is expected to net somewhere between $253 and $275 million during its opening weekend, which would result in a 15% higher gross than the first Fantastic Beasts film. Despite the higher projections at the global box office, The Crimes of Grindelwald is set to have the lowest domestic opening weekend ever for a film within the Wizarding World franchise, with an expected domestic net totaling around $65 to $70 million. This would put it short of the $74.4 million domestic opening of 2016's Fantastic Beasts and Where to Find Them.

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Although Fantastic Beasts: The Crimes of Grindelwald is not expected to break any records amongst Wizarding World films, the movie is expected to fall in line with the domestic/international splits that previous films within the franchise have attained, with roughly 70% of the total gross coming from the international box office, compared to roughly 30% from the domestic box office. The first Fantastic Beasts film went on to gross $814 million worldwide with a domestic haul of $234 million. Warner Bros. is expecting a similar split for The Crimes of Grindelwald.

Fantastic Beasts: The Crimes of Grindelwald is currently sitting at the lowest reviewed of the Harry Potter films, with a Rotten Tomatoes score of 57% on 44 reviews. The critics' consensus states that the film "has glimmers of the magic familiar to Harry Potter fans, but the story's spell isn't as strong as earlier installments."

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In theaters November 16, Fantastic Beasts: The Crimes of Grindelwald is directed by David Yates and written by Harry Potter author J.K. Rowling. Rowling, David Heyman, Steve Kloves, and Lionel Wigram serve as producers. The film stars Eddie Redmayne, Jude Law, Johnny Depp, Katherine Waterston, Alison Sudol, Dan Fogler, Ezra Miller, Zoë Kravitz, Fiona Glascott and Callum Turner.

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