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'Venom: The Last Dance' misses projections as superhero films' grip on theaters loosens

NEW YORK (AP) ā€” ā€œVenom: The Last Danceā€ showed less bite than expected at the box office, collecting $51 million in its opening weekend, according to studio estimates Sunday, significantly down from the alien symbiote franchiseā€™s previous entries.

NEW YORK (AP) ā€” showed less bite than expected at the box office, collecting $51 million in its opening weekend, according to studio estimates Sunday, significantly down from the alien symbiote franchiseā€™s previous entries.

Projections for the third ā€œVenomā€ film from Sony Pictures had been closer to $65 million. More concerning, though, was the drop off from the first two ā€œVenomā€ films. The 2018 original debuted with $80.2 million, while the 2021 follow-up, ā€œVenom: Let There Be Carnage,ā€ opened with $90 million even as theaters were still in recovery mode during the pandemic.

ā€œThe Last Dance,ā€ as a journalist who shares his body with an alien entity also voiced by Hardy, could still turn a profit for Sony. Its production budget, not accounting for promotion and marketing, was about $120 million ā€” significantly less than most comic-book films.

But ā€œThe Last Danceā€ is also performing better overseas. Internationally, ā€œVenom: The Last Danceā€ collected $124 million over the weekend, including $46 million over five days of release in China. Thatā€™s good enough for one of the best international weekends of the year for a Hollywood release.

Still, neither reviews (36% fresh on Rotten Tomatoes) nor audience scores (a franchise-low ā€œB-ā€ CinemaScore) have been good for the film scripted by Kelly Marcel and Hardy, and directed by Marcel.

The low weekend for ā€œVenom: The Last Danceā€ also likely insures that superhero films will see their lowest-grossing year in a dozen years, not counting the pandemic year of 2020, according to David A. Gross, a film consultant who publishes a newsletter for Franchise Entertainment.

Following on the heels of the Gross estimates that 2024 superhero films will gross about $2.25 billion worldwide. The only upcoming entry is Marvelā€™s ā€œKraven the Hunter,ā€ due out Dec. 13. Even with the $1.3 billion of ā€œDeadpool & Wolverine,ā€ the genre hasnā€™t, overall, been dominating the way it once did. In 2018, for example, superhero films accounted for more than $7 billion in global ticket sales.

, the Paramount Pictures horror sequel ā€œSmile 2,ā€ dropped to second place with $9.4 million. That brings its two-week total to $83.7 million worldwide.

The weekendā€™s biggest success story might have been and directed by Edward Berger (ā€œAll Quiet on the Western Frontā€). The Focus Features release, a major Oscar contender, launched with $6.5 million in 1,753 theaters.

That put ā€œConclaveā€ into third place, making it the rare adult-oriented drama to make a mark theatrically. Some 77% of ticket buyers were over the age of 35, Focus said. With a strong opening and stellar reviews, ā€œConclaveā€ could continue to gather momentum both with moviegoers and Oscar voters.

Jake Coyle, The Associated Press