'Wonka' Grosses $39 Million: How It Compares To 2005 Johnny Depp Film, Why December Release Could Be Important
Portfolio Pulse from Chris Katje
Warner Bros. Discovery's (NASDAQ:WBD) new film 'Wonka' grossed $39 million in its opening weekend, leading the box office but falling short of the $56.2 million opening of the 2005 Johnny Depp film. Despite the lower opening compared to the 2005 film, 'Wonka' received an A- CinemaScore and an 83% Rotten Tomatoes rating. With a budget of $125 million, the film's December release and minimal competition in the coming weeks could lead to sustained performance during the holiday season.
December 18, 2023 | 11:41 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Warner Bros. Discovery's new film 'Wonka' had a strong opening weekend with $39 million in box office sales, positive ratings, and prospects for continued success during the holiday season.
The initial box office success and positive ratings of 'Wonka' are likely to contribute positively to Warner Bros. Discovery's short-term revenue, especially given the holiday season and lack of competition. The film's performance could positively influence investor sentiment and the stock price of $WBD in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90