Tenet’s widespread release in U.S. theaters has been viewed as a test case of whether theaters can get some level of normal business back amid the COVID-19 pandemic, and things aren’t looking so good on the third weekend. The LA Times reports that the film grossed $ 4.7 million over the weekend of Sept. 18-20, and while that’s only a 26% decrease, the film is still underperforming domestically – especially since no major releases are planned for the rest of the month.
These numbers are due in part to the fact that movie theaters in California and New York remain largely closed – 80% in all of California haven’t reopened yet – but they’re still lower than Warner Bros. and cinema chains expected. The film has made a disappointing $ 36.1
The movie’s underperformance is likely why Wonder Woman was pushed back into December 1984, also by Warner Bros.
Internationally, the picture is a little brighter – the film grossed $ 239 million, according to Box Office Mojo – but the $ 200 million film is unlikely to make up for its cost in theaters after marketing into account. Internationally, Tenet is the fifth highest grossing film of the year to date behind Doolittle (245.6 million US dollars).
This has created a problem for many cinema chains across the country. After the reopening of Tenet, they are now below average and at the same time have to pay the costs of keeping a cinema open.
The next big theatrical release for 2020 is Death on the Nile on October 23rd. Marvel’s Black Widow is slated for November 6th, but a delay is expected.