The season of summer releases has already been tarnished as one of the big budget movies bound to release this year was declared flop after just two days into its release. Warner Bros-funded King Arthur: Legend of the Sword's bombed at box office leading to the film's washout at the box office.
The epic film movie stood third at the box office, giving Marvel's Guardians of the Galaxy Vol 2 and Snatched first and second position respectively this weekend. King Arthur bomber could be understood by the fact that the film couldn't even reach the expected gross of $23 to $25 million.
King Arthur: Legend of the Sword starring Chalie Hunnam – Jude Law was made with a jaw-dropping budget of $175 million. The film opened to a shameful $14.3 million, finding a place behind Goldie Hans – Amy Schumer's Snatched that earned 16.5 million. King Arthur released in about 3,700 theatres and led to one of Warner Bros's biggest loses.
According to Hollywood Reporter, King Arthur grossed $6.8 million on Friday, May 12, from 51 markets for an early three-day foreign total of $11.6 million. In China, it opened to a $1.8 million to the No. 3 spot.
The film's reviews have also not been great. Variety's Peter Debruge reviewed the movie, saying: "A loud, obnoxious parade of flashy set pieces, as one visually busy, belligerent action scene after another marches by, each making less sense than the last, but all intended to overwhelm."
Deadline notes that the movie's flop shouldn't come as a surprise as the previously made King Arthur movie did not fare well either. "Audiences showed little interest in King Arthur the last time he was brought to the screen 13 years ago in Jerry Bruckheimer's Disney production ($120M negative cost, $51.9M domestic, $203.6M global), so why even try again?" the website questions.
Amidst the catastrophic fall, Guardians 2 stood strong into its second weekend churning an estimate of $60 million during its second weekend. The total worldwide box office collections of Guardians of the Galaxy vol 2 will easily zoom past $500 million after the second weekend box-office collections.