Box Office: The Summer Slump Continues as ‘Mission: Impossible 7’ Takes Top Spot While Under-Earning

1.Mission: Impossible – Dead Reckoning, Part 1 (review) – $56.2M/$80M

It seems that not even Tom Cruise is immune to the lack of theater goer’s in Summer 2023. The latest adventure of Ethan Hunt and Co. won the weekend but failed to impress with their opening weekend take. The 5-Day total was slightly better, taking $80M and actually set a franchise record BUT when your film costs $300 million before marketing (marketing usually doubles the budget) it’s far from a win. Don’t cry for them though, the global take is near $237M dollars. As has been the case with most of this summer’s “flops” the international audience swooped in to help avert disaster.

2. Sound of Freedom – $27M/$85M

3. Insidious: The Red Door – $13M/$58M

4. Indiana Jones and the Dial of Destiny– $12M/$145.3M

Indy’s final ride just barely missed the third place spot in its second week of release. Which sounds like a positive note but when you lay out that one of THE most iconic characters in cinema history was beat by a movie with no major studio backing and a low-budget horror sequel…things start to sour.

5. Elemental – $8.7M/$125M

6. Spider-Man: Across the Spider-Verse – $6M/$368.7M

I went back to see this again this weekend, taking my kids. Let me tell you, this may be the box office winner of the summer so far but damn should it have earned more. A movie THIS good should have pulled in a billion dollars.

7. Transformers: Rise of the Beasts – $3.4M/$152.7M

8. No Hard Feelings – $3.3M/$46.5M

9. Joy Ride  – $2.5M/$10.6M

10. The Little Mermaid – $2.3M/$293.9M