- Marvel Studios
- “Avengers: Endgame” is rereleasing in theaters this weekend, but it’s still not guaranteed to surpass “Avatar” as the highest-grossing movie of all time.
- The Exhibitor Relations senior box-office analyst Jeff Bock called it a “cash grab,” while Shawn Robbins, Boxoffice.com’s chief analyst, said it was “more of a guessing game than typical projections.”
- “Avatar” was also rereleased and scored another $10.5 million domestically, along with additional international earnings, over a three-month period, according to Comscore.
- Whether “Endgame” tops “Avatar” or not, experts agree Disney chose a smart weekend for the rerelease, and it will instill some much-needed excitement into the struggling summer box office.
- Visit Business Insider’s homepage for more stories.
“Avengers: Endgame,” the Marvel blockbuster that shattered box-office records starting a mere two months ago, is already being rereleased to theaters across the world this weekend with added content.
“Endgame” was a monumental movie, but it finished its original theatrical run in second place, at both the domestic and the global box offices.
It earned $835 million in the US, while “Star Wars: The Force Awakens” made $936 million. The odds of catching “The Force Awakens” are slim to none. But a more likely scenario is finally topping James Cameron’s “Avatar,” which has been atop the worldwide box office since 2009 with $2.79 billion. “Endgame” is $40 million away with $2.75 billion, and anything it makes this weekend will be added to its total. (Of course, that doesn’t factor in inflation.)
“It’s certainly possible but ultimately in Disney’s hands at this point,” Shawn Robbins, Boxoffice.com‘s chief analyst, told Business Insider of “Endgame’s” chances of passing “Avatar.”
Robbins said Disney holdovers like “Aladdin” and “Toy Story 4” could benefit “Endgame” and vice versa.
“A good example is how, on Aladdin’s opening weekend, Dumbo increased over 250% from its previous weekend, even though it lost 17% of its theaters,” Robbins said.
But it’s still “more of a guessing game than typical projections,” and nothing is certain, Robbins added.
‘Avatar’ was rereleased, too
“Avatar” was rereleased on August 27, 2010, just three weeks after its initial eight-month domestic theatrical run came to an end with $750 million.
For its rerelease, it opened exclusively in digital 3D and Imax 3D at more than 800 locations in North America, as well as select international locations. It reeled in an additional $10.5 million domestically through November 2010 (nearly a year after it originally opened), according to box-office data provided to Business Insider by Comscore (international box office was unavailable).
“Endgame” will open in 1,950 theaters in North America this weekend, according to Comscore, along with international territories.
“The sheer volume of theaters tells me [Disney and Marvel Studios] are in the hunt for this record, and that’s how you do it,” Paul Dergarabedian, the Comscore senior media analyst, told Business Insider. “You get back in it and give the fans something extra. It’s a win-win for everyone.”
Jeff Bock, the Exhibitor Relations senior box-office analyst, is less optimistic about “Endgame’s” chances.
“‘Endgame’ isn’t offering up enough extras to topple ‘Avatar’ at this point,” Bock told Business Insider. “It would be one thing if they rereleased an alternate cut or inserted additional footage, but an introduction and a tag at the end is nothing more than bonus Blu-ray content. In other words, a cash grab of the highest order.”
‘Endgame’ returns during a lackluster summer
But the rest of the summer looks promising, with movies like “Spider-Man: Far From Home” and “The Lion King” in July, and “Hobbs and Shaw” in August, likely giving the box office a boost.
Whether “Endgame” surpasses “Avatar” or not, experts agree this was a perfect weekend for the rerelease.
“Getting [‘Endgame’] out now before what’s expected to be a very strong July is a smart play,” Robbins said.
“Obviously Marvel wants to capture that record, but it’s also good for the fans and the theater owners,” Dergarabedian said. “This is chance to imbue the marketplace with some excitement.”
But Robbins isn’t ruling out one last release for “Endgame,” despite the marketing campaign urging that this is the final time to see the movie in theaters.
“It’s hard to rule out one final expansion, possibly in Imax, at the end of summer, a la what Disney did with ‘Infinity War’ last year,” Robbins said.
- Read more of Business Insider’s “Avengers: Endgame” box-office coverage:
- Even after ‘Avengers: Endgame,’ this year’s box office is down thanks to a bleak summer full of stale sequels
- The only 5 movies to ever hit $2 billion at the box office, including ‘Avengers: Endgame’
- 6 box-office records that ‘Avengers: Endgame’ has already broken on its quest to become the biggest movie of all time
- ‘Avengers: Endgame’ will have to make billions more at the box office to beat the biggest movie of all time, which came out in 1939
- The 8 Marvel Cinematic Universe movies that made over $1 billion at the global box office
- Every Marvel Cinematic Universe movie, ranked by how much money they made at the box office opening weekend