“Renaissance: A Film by Beyoncé” has swiftly ascended to the top, raking in an impressive $11.5 million on its opening day across 2,539 locations.
This stellar figure, inclusive of a robust $5.1 million from Thursday previews, positions the concert documentary to join the ranks of chart-topping releases in a notable cinematic trend, Variety has said.
Now, while “Renaissance” may not reach the meteoric heights achieved by “Taylor Swift: The Eras Tour,” which boasted a domestic opening of $92 million and has now surpassed $250 million globally since its October debut, Beyoncé’s epic-length film chronicling her Renaissance world tour is poised for a commendable debut north of $20 million.
Based on reports, the film’s distribution agreement with AMC Theatres brokered directly with the headlining artist, ensures both parties enjoy a larger share of grosses compared to a conventional major studio rollout.
The response from Beyoncé enthusiasts has been overwhelmingly positive, with fans flocking to experience nearly three hours of captivating footage.
Initial indicators, such as an “A+” Cinema Score and universally favorable reviews, suggest the potential for a strong multiplier in the weeks ahead, especially during the holiday season.
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Highlighting other film projects, Toho International’s “Godzilla Minus One,” the 33rd installment in the kaiju series, comes in third place.
Self-distributed in North America, the film has garnered approximately $4.7 million, with a weekend total in the low teens seeming attainable.
Also, the faith-based drama “The Shift”, a retelling of the Book of Job, by Angel Studios to be shown across 2,450 theaters, eyes a debut of about $4.3 million.
Meanwhile, “The Hunger Games: The Ballad of Songbirds and Snakes” by Lionsgate continues its robust performance, expecting a 45% drop for a third weekend tally of $16 million.
Universal’s “Trolls Band Together” maintains a lively fourth place, projecting $7 million in its third weekend and bringing its domestic total to approximately $74.2 million.
Conversely, “Wish” faces challenges in maintaining its position, showing signs of slipping outside the top five after a Thanksgiving break debut.
With a Friday earning of $1.6 million, down 80% from the previous week, the animated adventure is projected to inch past $40 million in domestic total through Sunday, falling short of expectations against its $200 million production budget.