“Dumbo” Flying A Bit Low For Disney

Dumbo Flying A Bit Low For Disney

Weak reviews appear to have taken some of the wind out of what previously appeared to be a promising Disney live-action translation with Tim Burton’s “Dumbo”.

Early morning industry estimates suggest the film is coming in under expectations for the studio, on track for a decent but soft $45 million opening weekend which is a far cry from the $60 million estimates a few weeks ago, and that’s also despite the film’s solid A- CinemaScore.

Though not a ‘Looking Glass’ or ‘Nutcracker’ level disappointment, with a production budget of around $170 million it’s not a good start – especially considering Disney’s other recent live-action reimaginings like “Maleficent” and “Cinderella” opened to closer to $70M while “The Jungle Book” and “Beauty and the Beast” opened above $100 million.

Elsewhere the Matthew McConaughey-led “The Beach Bum” bombed on arrival this weekend, coming in around $1.7 million. That figure is only about two-fifths of the opening of Korine’s “Spring Breakers” and the worst wide-release opening for a McConaughey film to date.

Source: Box-Office Mojo