Ford v Ferrari Takes First Prize with Box Office Win

It appears award season cinematic fare is already dominating the domestic box office as Ford v. Ferrari has significantly outpaced the latest Charlie's Angels reboot, as both films opened in theaters everywhere this past weekend.

The historical sports film starring Matt Damon and Christian Bale surpassed initial industry analyst estimates, earning $31 million at the domestic box office its opening weekend. Predictions going into the weekend had predicted the film would earn $20-30 million, with the sports drama boosted by strong critical reviews and positive word-of-mouth from audiences.

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In comparison, Charlie's Angels underperformed against initial projections, earning $8.6 million domestically, with early predictions putting it on pace for $10-12 million. The film has earned $19 million from overseas markets but still has a ways to go before it recoups its $48 million production budget -- before factoring in marketing and distribution expenses.

The reboot is the latest high-profile film to stumble at the box office, following on the heels of Terminator: Dark Fate currently sitting on a disappointing $233.7 million worldwide total against a production budget of $196 million, and Doctor Sleep earning $53.8 million against a budget of $55 million.

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In the meantime, Joker continues to be a consistently strong performer, over a month into its wide theatrical release. Going into the weekend, the DC Comics film became the first R-rated movie to earn over $1 billion at the worldwide box office, continuing its momentum.

Directed by James Mangold and written by Jez Butterworth, John-Henry Butterworth and Jason Keller, Ford v Ferrari stars Matt Damon, Christian Bale, Jon Bernthal, Caitriona Balfe, Tracy Letts, Josh Lucas, Noah Jupe, Remo Girone and Ray McKinnon. It opens in theaters on Nov. 15.

(via Variety)

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