‘Pirates’ hooks No. 1 spot; ‘Baywatch’ sinks
LOS ANGELES — It was smooth sailing to the top spot at the box office for “Pirates of the Caribbean: Dead Men Tell No Tales,” but the waters were choppier for the Dwayne Johnson comedy “Baywatch.”
Studio estimates on Sunday say the fifth installment of the “Pirates of the Caribbean” franchise commandeered $62.2 million in its first three days in theaters.
The Johnny Depp-starrer is projected to take in $76.6 million over the fourday holiday weekend.
It was the second-lowest domestic opening for the nearly $4billion franchise, but the latest film, which cost a reported $230million to produce, has massive international appeal. Its four-day global total is expected to hit $300 million.
The R-rated “Baywatch,” meanwhile, is sinking like a rock. The critically derided update of the 1990s TV show earned only $18.1 million over the weekend against a nearly $70 million price tag. Including Thursday earnings, the film is projected to collect $26.6 million by the close of Memorial Day.
Even “Guardians of the Galaxy Vol. 2” did better in its fourth weekend. The space opera added $19.9 million to take second place ahead of “Baywatch” at the box office.
The “Baywatch” miss could be attributable to a couple of factors. Even with the star power of Johnson, R-rated Hollywood updates to family friendly television shows have a dubious track record, ComScore senior media analyst Paul Dergarabedian said.
Earlier this year, Dax Shepard’s R-rated update of “CHiPs” tanked, netting only $18.6million domestically against a $25 million budget.
This month’s box office has also been tough on nearly every film except “Guardians of the Galaxy.”
Even the decently reviewed “Alien: Covenant” dropped an uncommonly steep 71 percent in its second weekend in theaters to take fourth place with $10.5million. The teen romance “Everything, Everything” rounded out the top five with $6.2 million.
“Hollywood needs June to save the box office world,” Dergarabedian said.
First up to that challenge: “Wonder Woman.”