Christopher Nolan's Oppenheimer has had a big first week at the box office, outperforming
expectations in the US and international markets.
But can it sustain this strong opening and how well do I think the film will do once
its time in theatres comes to an end.
In this video, I'm going to be discussing the box office results along with giving you
my prediction on the global number that the film could make
at the box office.
Before I get into it though, if you want to keep up to date on any of my upcoming content
for Christopher Nolan's Oppenheimer, including breakdowns and video
essays on the film, then don't forget to support this upload by giving it a like rating, subscribing
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But without further a do, lets dive into the box office results from Christopher Nolan's
Oppenheimer.
So on opening weeking, both Oppenheimer and Barbie completely destroyed their early projections,
making double what they were predicted to make.
And after giving it a few days to see if this was just a weekend phenomenon, it looks
like there are no signs of both films slowing down.
When it comes to Christopher Nolan's film, the biopic thriller has just passed
$265 million at the worldwide box office in under one week, and a good sign that this
isn't slowing down, is that from Tuesday to Wednesday internationally, the film only dropped
0.6%.
Of course, the Barbieheimer meme contributed to both films getting crazy fan attention
last weekend, but with them continuing to rake in money and not slowing down, it seems
that they have got the attention of the worldwide
general audience.
Oppenheimer has been added to 37 extra theatres this week because of its overperforming numbers,
which again just shows the demand for the film, which before release
we wouldn't have speculated as being as big as this.
And while its overperformance can be linked to Barbenheimer, it’s also a testament to
Christopher Nolan’s consistent appeal, drawing large audiences in.
Don't forget, Oppenheimer is an r-rated 3 hour biopic film with little to no action.
It's a monumental accomplishment and it seems like we've only just begun when
it comes to the overall numbers that it could bring in by the end of its run.
While Oppenheimer’s run time presented issued surrounding theatres having less show times,
it appears to be selling out screenings, particularly in IMAX for weeks in advance.
For instance, I've already planned myself to go
and watch the film at the BFI in London in just a weeks time and that has sold out nearly
all of its showtimes up until mid August.
On top of this, they've had to extend Oppenheimer's
IMAX run until the start of September.
So when you think that the movie has no competition in IMAX over the next month, it's likely going
to be raking in quite decent numbers up until that
point, especially in premium formats and 70mm.
Just to give you an extra piece of detail surrounding how impressive its opening actually
was, it opened higher than Nolan's Batman Begins
and higher than his highest original film Inception, meaning its got a long range chance
of becoming his highest grossing original film of
all time.
And with the film reportedly only costing $100 million to make and doubling that in
just 5 days, it's definitely on track to become hugely successful for Universal pictures.
Nolan’s deal with Universal guarantees an extra-long theatrical run, which would ensure
repeat business for weeks to come in theatres all across the globe.
So now its time to look at the projected amounts that it's tracking to pass in the next few
weeks, and from that, try to predict where it could end up globally, by the time it's
finished its run in theatres.
Box office expert Luiz Fernando said in his post that after hitting $265 million globally,
it's tracking to make $300 million by the end of today, $400
million on Sunday, and then $500 Million by next weekend.
That would already be $100 million in profit during only 2 weeks into its release.
If you remember, I predicted in my Oppenheimer Barbie video a while back that
I could see the film making anywhere between 400-700 milion, but if it does hit 500 by
next weekend, then with its extended time in theatres
and premium formats, it looks like we could see it coming in between $700-900 million.
It's currently the biggest r rated film release post the pandemic and with numbers beating
those of Inception, which is a film that went on
to make just over $800 million worldwide, I could see it coming in either around that
or slightly behind it.
Even if it comes close, that is huge accomplishment on its own, given that
the film is around 3 hours long, R rated and on a topic that you wouldn't think would attract
this kind of appeal.
Yes people know Oppenheimer and even his story to some degree,
but its not a popular brand name like Barbie or the countless superhero franchises that
come out today.
Yet it's making more money than what most blockbusters tend to do and there
no signs currently of it dipping off a taking a huge fall.
So this is great news and I think it shows that other then audiences turning up
to see franchise films or events that contain a lot of global anticipation, they'll also
trun up for a filmmaker that gives them good films or interesting topics that make for
compelling big screen storytelling.
Right now, I think Oppenheimer can make between $650 and 800 million globally by the time
it ends its run, and that's if it keeps building the way it is.
And after being wrong with my last predictions,
I wouldn't be susprised at this point if it ended up making even more than that and just
kept going and going with all the locations that are
playing it in the weeks ahead.
Overall though, it's really good to see that films like Oppenheimer and Barbie are doing
so well all at the same time, because we haven't really seen
this level of interest in two seperate films at once for a couple of years.
In fact the Barbenheimer weekend was the 4th biggest in Hollywood history.
And that's just behind franchise double bills that came years before.
It really is an interesting weekend in film history to look back on and I think it also
tells the studios that they can let filmmakers make stuff
outside of the norm, which they tend to turn to.
So hopefully they see that you can make huge hits out of films that have more risk to them,
and ones that cost way less to make.
In the case of Oppenheimer, making a 3 hour, r rated
biopic and selling that as a Nolan event film, has worked out for Universal really well so
far.
But that was my video discussing the box office performance for Christopher Nolan's Oppenheimer.
Things are looking very bright for the longevity of Nolan's new film on the big screen
and it's going to be interesting to see how the film holds up and if it keeps its legs
going forward.
There's less competition over the next few weeks, so alongside Barbie, it has the
chance to build and keep this momentum going forward.
But what do you think of the current box office for Oppenheimer and how much do you think
it will make by the time it ends it's run in theatres.
Do you think it can hit that 650-800 million range that I predicted, or do you think it
will come in lower or higher.
Let me know down below in the comments section.
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