Even with its tight $50 million budget, the just-released espionage thriller “The Rhythm Section” could lose as much as $30 million for its studio according to a new report from Deadline.
Blake Lively stars in the film as a young woman that becomes a de facto spy on a revenge mission after learning that the plane crash that killed her family was the result of a bomb and not mechanical failure.
The Reed Morano-helmed film earned just $2.8 million over its first three days over the past weekend, the single-worst opening ever for a film that hit more than 3,000 screens. Reviews have praised Lively’s performance but otherwise panned the film.
EON Productions, led by Bond franchise producers Barbara Broccoli and Michael Wilson, said in a statement: “We are obviously disappointed with the box office, but proud of Reed and our movie and the overwhelmingly positive reaction to Blake’s performance.”
Plans for a larger international release are now under review with the movie potentially going direct-to-video in some overseas territories. There are also reports of fighting over the film’s tone and direction in post with the producers ultimately winning.