'Valerian' is a Massive Flop
by EG
Valerian and the City of a Thousand Planets, a sci-fi epic costing $180 million, crash-landed in the U.S. with a $17 million bow from 3,553 theaters. STX Entertainment is releasing the movie domestically via its partnership with Besson's EuropaCorp, but doesn't have any money in the film. Nor did STX pay for marketing, according to insiders.
Valerian, which received a B- CinemaScore, is based on the French graphic novel series and stars Dane DeHaan and Cara Delevingne as celestial cops who must travel through space and time in order to save the universe.
The ambitious film hopes to make up ground overseas, where it grossed $6.5 million from its first 16 markets Germany was the only major territory.
In North America, Besson's pic came in No. 5 behind Dunkirk, Girls Trip and holdovers Spider-Man: Homecoming and War for the Planet of the Apes. Sony and Marvel's Spider-Man pic took in an estimated $22 million in its third outing for a domestic total of $252 million. Matt Reeves' Planet of the Apes threequel tumbled 64 percent in its second weekend to $20.4 million for a 10-day total of $97.8 million for 20th Century Fox.
Read the rest of this article at The Hollywood Reporter.
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