It’s a pirate’s life at the box office this weekend, with Disney’s long-awaited “Pirates of the Caribbean” sequel taking command with an estimated take of $76.6 million in its opening weekend, according to Associated Press.
The U.S. Memorial Day long weekend is viewed by movie studios as the unofficial start of the summer movie cycle, and Johnny Depp’s latest turn as tipsy buccaneer Capt. Jack Sparrow is clearly a hit with moviegoers as “Pirates of the Caribbean: Dead Men Tell No Tales” captured the #1 spot during this competitive weekend.
The same, however, cannot be said for the heavily hyped “Baywatch” reboot, which sputtered to a measly $22 million in its opening weekend — a shockingly low figure for a film starring box office champ Dwayne “The Rock” Johnson that reportedly cost $70 million to make.
In fact, “Baywatch” even lagged behind “Guardians of the Galaxy Vol. 2”, which is expected to bring in an additional $26 million during its fourth weekend of release, adding to its global box office of more than $732 million.
Meanwhile, The Hollywood Reporter is estimating that the international take of “Pirates” (which cost $200 million to make) could exceed $300 million in its opening weekend.
The mood is understandably jubilant at Disney headquarters. “We’re making movies for a global audience. This is one of the most prolific franchises in history, and will cross $4 billion in combined box-office revenue today. That is extraordinary by any measure,” Disney distribution chief Dave Hollis told THR.