{"id":238280,"date":"2024-06-30T23:18:29","date_gmt":"2024-06-30T23:18:29","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/30\/kevin-costner-mortgaged-one-of-his-properties-to-finance-horizon-but-movie-flops\/"},"modified":"2025-06-25T17:15:48","modified_gmt":"2025-06-25T17:15:48","slug":"kevin-costner-mortgaged-one-of-his-properties-to-finance-horizon-but-movie-flops","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/30\/kevin-costner-mortgaged-one-of-his-properties-to-finance-horizon-but-movie-flops\/","title":{"rendered":"Kevin Costner mortgaged one of his properties to finance &#8216;Horizon&#8217; but movie flops"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/06\/GettyImages-2159088642-e1719788302773.jpg?w=2048\" \/><\/p>\n<p>\u201c\u00a0<a href=\"https:\/\/apnews.com\/article\/movie-review-a-quiet-place-day-one-3e2cc8db28b2e8dd478d093bef799886\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/movie-review-a-quiet-place-day-one-3e2cc8db28b2e8dd478d093bef799886\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">A Quiet Place: Day One<\/a>\u00a0\u201d is making noise at the box office. The prequel earned an estimated $53 million in its first weekend in North American theaters, according to studio estimates Sunday.<\/p>\n<div>\n<p>It\u2019s both a franchise best and significantly more than expected. Going into the weekend, prerelease tracking had \u201cDay One\u201d pegged for a $40 million debut, but audiences were clearly more enthusiastic to see the action-horror starring Lupita Nyong\u2019o and Joseph Quinn and released by Paramount. The same could not be said for Kevin Costner\u2019s \u201c\u00a0<a href=\"https:\/\/apnews.com\/article\/kevin-costner-2024-cannes-film-festival-horizon-528e240a45ff261242b44334316817a4\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/kevin-costner-2024-cannes-film-festival-horizon-528e240a45ff261242b44334316817a4\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">Horizon: An American Saga\u2014Chapter 1<\/a>,\u201d which opened to $11 million.<\/p>\n<p>The \u201dQuiet Place\u201d victory wasn\u2019t quite enough to snag the coveted first place spot on the charts, though. That honor again went to <a href=\"https:\/\/fortune.com\/company\/disney\/\" target=\"_blank\" aria-label=\"Go to https:\/\/fortune.com\/company\/disney\/\" class=\"sc-80b85506-0 pUpMT\" rel=\"noopener\">Disney<\/a> and Pixar\u2019s juggernaut \u201c\u00a0<a href=\"https:\/\/apnews.com\/article\/inside-out-2-movie-review-62caaed0d956b9b1f1db9a098bd650f4\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/inside-out-2-movie-review-62caaed0d956b9b1f1db9a098bd650f4\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">Inside Out 2<\/a>,\u201d which added an estimated $57.4 million in its\u00a0<a href=\"https:\/\/apnews.com\/article\/inside-out-2-box-office-bikeriders-pixar-a60695cc07640226794b12c3a0017378\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/inside-out-2-box-office-bikeriders-pixar-a60695cc07640226794b12c3a0017378\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">third weekend in theaters<\/a>, and crossed $1 billion globally.<\/p>\n<p>There\u2019s a distant possibility that the places will shift when actuals are released Monday. But either way it\u2019s good news for movie theaters in a summer season that\u2019s finally heating up but still running far behind last year (down 19%) and pre-pandemic norms (down 36% from 2019).<\/p>\n<p>\u201cInside Out 2\u201d continues to be a box office phenomenon, the likes of which the industry hasn\u2019t seen since \u201cBarbie\u201d almost a year ago. In just three weeks of release, it\u2019s earned nearly $470 million in North America and $545.5 million internationally, bringing its global total to $1.01 billion. The sequel is the only 2024 release to cross the billion dollar mark and it did it in just 19 days, a record for an animated film.<\/p>\n<p>\u201cThe film\u2019s stunning global success once again illustrates that audiences the world over will respond to compelling, entertaining movies, and that they want to enjoy them on the big screen,\u201d said Michael O\u2019Leary, president and CEO of the National Association of Theatre Owners, in a statement.<\/p>\n<p>\u201cA Quiet Place: Day One,\u201d directed by Michael Sarnoski and rated PG-13, is also fast approaching an important threshold out of the gates. Including the $45.5 million from international showings in 59 markets, the $67 million production has already made $98.5 million.<\/p>\n<p>\u201cThere\u2019s a lot of love for the \u2018A Quiet Place\u2019 franchise,\u201d said Chris Aronson, the head of domestic distribution for Paramount. \u201cWe listened to the fans who wanted to expand the universe.\u201d<\/p>\n<p>In a rare feat for a third film, it opened higher than both \u201cA Quiet Place\u201d ($50.2 million opening in April 2018) and \u201c\u00a0<a href=\"https:\/\/apnews.com\/article\/health-coronavirus-pandemic-entertainment-arts-and-entertainment-696e865c8d62cd54b94783d53307ca9f\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/health-coronavirus-pandemic-entertainment-arts-and-entertainment-696e865c8d62cd54b94783d53307ca9f\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">A Quiet Place: Part II<\/a>\u00a0\u201d ($47.5 million opening in May 2021).\u00a0<a href=\"https:\/\/apnews.com\/article\/john-krasinski-if-summer-movies-quiet-place-3fb2b787fd85fc490e33cc8f0fb18801\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/john-krasinski-if-summer-movies-quiet-place-3fb2b787fd85fc490e33cc8f0fb18801\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">John Krasinski<\/a>, who wrote and directed the first two, continued serving as a producer.<\/p>\n<p>\u201cIt\u2019s one of those rare horror franchises that has generated incredible goodwill with audiences and critics alike,\u201d said Paul Dergarabedian, the senior media analyst for Comscore.<\/p>\n<p>Playing on 3,708 screens in the U.S. and Canada, nearly 40% of its domestic earnings came from \u201cpremium screens\u201d including IMAX and other large formats. It entered the marketplace with mostly positive reviews (84% on Rotten Tomatoes); Audiences gave it a B+ CinemaScore and four out of five stars on PostTrak.<\/p>\n<p>\u201cWe put together a compelling package but also I think it shows people want to go to the movies,\u201d Aronson said. \u201cThe marketplace really works when there are choices and there\u2019s something for everybody.\u201d<\/p>\n<p>The start for \u201cHorizon,\u201d meanwhile, was sluggish. Though older audiences, the ones most likely to support a Western epic, don\u2019t typically rush out to see films on opening weekend the way people often do for horrors and superheroes, the road ahead will not be easy: Reviews have\u00a0<a href=\"https:\/\/apnews.com\/article\/horizon-chapter-one-movie-review-costner-89f924156282b331b2c29053a619db52\" target=\"_blank\" aria-label=\"Go to https:\/\/apnews.com\/article\/horizon-chapter-one-movie-review-costner-89f924156282b331b2c29053a619db52\" rel=\"noopener\" class=\"sc-80b85506-0 pUpMT\">not been great<\/a> and it got an underwhelming B- CinemaScore.<\/p>\n<p>The stakes are also a little different for \u201cHorizon,\u201d a $100 million production that Costner financed on his own and partnered with Warner Bros. to distribute. It opened in 3,334 locations. A decades-old passion project, he mortgaged property in Santa Barbara, Calif. to finance it and exited \u201cYellowstone\u201d to see it through. In a bold, unconventional strategy, \u201cChapter 2\u201d arrives in theaters later this summer, on Aug. 16. He also has plans for two more movies.<\/p>\n<p>\u201cThe western genre is one of those that is very specific,\u201d Dergarabedian said. \u201cIt\u2019s going to be about the long game.\u201d<\/p>\n<p>A quick glance at the top 10 shows that audiences are largely favoring franchises and \u201cknown commodities\u201d over originals. \u201cBad Boys: Ride or Die\u201d was right behind \u201cHorizon\u201d on the charts, and it\u2019s been in theaters for four weeks already.<\/p>\n<p>\u201cAudiences in the summer want the tried and true, they want the familiar,\u201d Dergarabedian said.<\/p>\n<p>He was also struck by the diversity of genres in the top 10, including two Indian films: The Telugu language sci-fi \u201cKalki 2898 AD\u201d in fifth place with $5.4 million and the Punjabi language \u201cJatt &amp; Juliet 3\u201d in ninth place with $1.5 million.<\/p>\n<p>\u201cIf you can\u2019t find something that appeals to you at the multiplex right now, you\u2019re not looking hard enough,\u201d Dergarabedian said.<\/p>\n<p>Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore. Final domestic figures will be released Monday.<\/p>\n<p>1. \u201cInside Out 2,\u201d $57.4 million.<\/p>\n<p>2. \u201cA Quiet Place: Day One,\u201d $53 million.<\/p>\n<p>3. \u201cHorizon: An American Saga\u2014Chapter 1,\u201d $11 million.<\/p>\n<p>4. \u201cBad Boys: Ride or Die,\u201d $10.3 million.<\/p>\n<p>5. \u201cKalki 2898 AD,\u201d $5.4 million.<\/p>\n<p>6. \u201cThe Bikeriders,\u201d $3.3 million.<\/p>\n<p>7. \u201cThe Garfield Movie,\u201d $2 million.<\/p>\n<p>8. \u201cKingdom of the Planet of the Apes,\u201d $168.1 million.<\/p>\n<p>9. \u201cJatt &amp; Juliet 3,\u201d $1.5 million.<\/p>\n<p>10. \u201cKinds of Kindness,\u201d $1.5 million.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/2024\/06\/30\/kevin-costner-movie-horizon-box-office-debut-santa-barbara-property-mortgage\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] \u201c\u00a0A Quiet Place: Day One\u00a0\u201d is making noise at the box office. The prequel earned an estimated $53 million in its first weekend in<\/p>\n","protected":false},"author":1,"featured_media":238281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/238280"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=238280"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/238280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/238281"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=238280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=238280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=238280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}