5 Reasons ‘Charlie’s Angels’ Tanked at the Box Office – And Why Elizabeth Banks Isn’t Fazed

Elizabeth Banks’ film is the third big-screen franchise reboot to misfire this month

Another weekend, another box office flop. This past weekend, Sony’s “Charlie’s Angels” fizzled out in theaters with just $8.35 million grossed domestically against a reported $48 million budget, becoming the third film in as many weeks to tank in theaters.

At a time when there’s a stronger than ever push for women to be represented both in front of and behind the camera, Sony made the decision to bring “Charlie’s Angels” back to theaters for the first time in 16 years. Elizabeth Banks, who found box office success as director of “Pitch Perfect 2,” signed on to both direct and star as the Angels’ new Bosley. Kristen Stewart, having spent her post-“Twilight” career mostly on the indie scene, returned to mainstream films alongside Ella Balinska and Naomi Scott in the lead roles.

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Jeremy Fuster

Box Office Reporter • jeremy.fuster@thewrap.com • Twitter: @jeremyfuster