Its been opening slightly above expectations in numerous markets, but Fox’s costly “Alita: Battle Angel” needs to perform well in China if it’s to break even let alone consider a sequel.
Turns out the Middle Kingdom has embraced the James Cameron-produced and Robert Rodriguez-directed sci-fi epic with the sci-fi feature scoring a $64 million debut weekend in the Middle Kingdom – a new February IMAX record.
Concerns about its performance in China were raised mainly due to competition from another sci-fi epic – the locally produced “The Wandering Earth” which has grossed $647 million in China through Sunday. That film, which has scored a limited release in some other markets, will hit Netflix everywhere except China later this year.
Globally “Alita: Battle Angel” has grossed $263.3 million to date and is currently pacing 3% above last year’s “Ready Player One”. However with so much of its take coming from overseas – especially China where Hollywood only recoups 25% of ticket sales – it will still need extraordinary legs to make a profit before “Captain Marvel” comes in to dominate the globe in two weeks.