Along with uneven domestic box office, Hollywood studios are keeping an eye on rising infection rates overseas
Though the U.S. box office for Christopher Nolan’s “Tenet” has caused alarm about the state of American theaters six months into the pandemic, the Warner Bros. film has earned solid numbers overseas thanks in part to European theaters. But with COVID-19 infection rates rising again throughout Europe (and many parts of the U.S.), there’s no guarantee that those countries will still be open for any big Hollywood films to be released this fall.
In the U.K., daily new cases of the virus have risen from around 1,300 at the start of September to over 5,000 on Wednesday, edging closer to the peak of 6,000 daily new cases from back in early May. Across the continent, new cases reached a record high of 52,418 over a rolling seven-day average on Tuesday, according to Johns Hopkins University.
Continue reading
Join WrapPRO for Exclusive Content,
Full Video Access, Premium Events, and More!
While the death rate average remains well below 1,000, thanks to a mix of infections being primarily among younger individuals and improved knowledge on how to treat the virus, there is still concern that the arrival of flu season could change that. If deaths do rise, governments will have to make some difficult decisions about whether to close businesses again, risking a double-dip recession.
For now, the majority of the European exhibition market has rebounded better than its American counterparts. According to reports from the International Union of Cinemas in Brussels (UNIC), most of the continent’s theaters were reopened by July, with capacity limits ranging from 20-50% being implemented and the same safety regulations seen in American cinemas being enforced.
But while countries around the world have seen significant drops in overall weekend box office numbers compared to September 2019, the drop is far less drastic in some major European countries than in the U.S. Data from Comscore and UNIC shows that gross drops for the first weekend of September ranged between 58% in Spain year-over-year to as low as 23% in Germany. By comparison, U.S. numbers for that weekend were down 78%.
“Between the infection rates and just the overall response from governments to the pandemic and reopening, the U.S. has fallen behind in customer perception,” Boxoffice editor Daniel Loria told TheWrap. “Ultimately, it’s the same safety protocols being implemented in theaters around the world. It’s just that Europe handled reopening and containment better than the U.S., so there’s more people coming back to theaters.”
For all the talk of Warner Bros. releasing “Tenet” before American audiences were ready to go back to theaters, the studio may have caught the best window to release the $200 million-budgeted film internationally. Many major box office markets in Europe and Asia have contained the virus in the third quarter, giving “Tenet” the best opportunity to reach as wide an audience as possible in a pandemic-affected environment. So far, the film has grossed $217 million overseas, which Warner Bros. International Distribution Chief Andrew Cripps said equates to an estimated 30 million tickets sold despite the wildly uneven environments that “Tenet” has opened into around the world.
“We’ve released ‘Tenet’ in 54 countries, and each market is in a different timeline in terms of how they are handling this virus,” Cripps said at TheWrap’s annual TheGrill conference on Tuesday. “While the U.K. is now facing a second wave, much of the European market has rebounded a lot faster than the U.S. and we’re especially seeing stronger numbers in France, Germany and Russia.”
Also Read: Why Moving 'Wonder Woman 1984' Could Deepen Movie Theaters' Troubles
“In Asia, we see countries like China and Korea rebounding, and even Taiwan has done so well handling the virus that theaters there didn’t even close to begin with,” he said. But at the same time, there are other countries like India and the Philippines that are still closed, so every country is a unique story.”
Of course, “Tenet” has always been a unique situation, as Nolan wanted to release the film as soon as possible to provide some revenue relief for theaters. That may have pushed Warner to release this tentpole as soon as possible, but the rest of Hollywood is far less likely to release pricey productions in such an unstable market.
This week, Disney decided to push back the release of “Black Widow” from November 6 to summer 2021, with roughly a dozen other films from the studio also getting delayed. Studio insiders have told TheWrap that warnings of a second wave in Europe were a factor in the move, and while Asian markets have taken larger shares of overseas grosses for Marvel films in recent years, Europe still contributed nearly 25% of the record $1.93 billion overseas total for “Avengers: Endgame” last year.
Theater owners are waiting to see what MGM and Universal will do with the James Bond film “No Time to Die,” which is still slated for release in November. For Europe, this is especially critical since Bond films have historically brought a strong turnout. In 2015, more than half of the $680 million overseas gross for “Spectre” came from European markets, as was the case for “Skyfall” with its $804 million overseas gross.
Also Read: 'Tenet' Passes $250 Million Worldwide but Only Grosses $4.7 Million in U.S. This Weekend
But whether or not “No Time to Die” moves could largely hinge on Bond’s homeland, the U.K.. Reluctant to close businesses again, Prime Minister Boris Johnson has announced a 10 p.m. curfew for business and other measures in an effort to drop infection rates as the country faces a second wave. While this will mean that British theaters will lose late-night screenings, it’s not yet a critical blow.
What would be is a drop in moviegoer turnout over the coming months or, if hospitalizations and deaths in the country escalate, a more widespread shutdown like the one that occurred at the onset of the pandemic. Either situation could force “No Time to Die” to move, as Britain has been a critical box office market for Bond with more than $100 million grossed for both “Skyfall” and “Spectre.” For now, a spokesperson for MGM said it is committed to a fall opening, with a U.K. release coming via Universal on November 12 and other countries getting release later that month.
Without “No Time to Die,” any theaters open in Europe this fall would have to rely more on local titles, which can be hit and miss in terms of ticket sales. On one hand, Spain has seen strong numbers over the past two months for the sequel to “Padre No Hay Mas Que Uno,” a comedy that has grossed just over $14 million despite some theater closures in Catalonia and capacity limits nationwide. By comparison, the first “Padre” made $16.3 million last year.
On the other hand, France saw poor performances from its local films when theaters reopened in July, forcing many theaters, including Paris’ famous Le Grand Rex, to close on weekdays until the release of “Tenet” to lower operating costs. Loria said that while local hits help push overseas markets to record business, it’s Hollywood that provides stability.
“Those four-quadrant titles like ‘No Time to Die’ and ‘Black Widow’ provide the base for the rest of the market,” he said. “Whether they stay is going to depend on how well a lot of these reopened markets handle the next few weeks when it comes to containing this virus.”
25 Sizzling Bond Girls, From Ursula Andress to Monica Belluci (Photos)
-
-
Ursula Andress as Honey Ryder, "Dr. No" (1962)
Widely regarded as the first Bond Girl, Honey Ryder's emergence from the ocean clad in a white bikini is considered one of the most iconic moments in 007 franchise history.
-
Eunice Gayson as Sylvia Trench, "Dr. No" (1962) & "From Russia With Love" (1963)
Sylvia Trench introduced herself to James Bond as "Trench, Sylvia Trench," which inspired him to reply with his now iconic "Bond, James Bond" phrase. She's also the only Bond Girl to appear in more than one film.
-
Daniela Bianchi as Tatiana Romanova, "From Russia With Love" (1963)
Tasked with seducing and killing James Bond, Tatiana falls for the British spy instead, ultimately teaming up with him to take down the deadly Rosa Klebb.
-
Honor Blackman as Pussy Galore, "Goldfinger" (1964)
Perhaps the most suggestively named Bond Girl of all time, Pussy Galore led a crew of all-female pilots, and originated in Ian Fleming's novels.
-
Shirley Eaton as Jill Masterson, "Goldfinger" (1964)
Poor Jill Masterson made her biggest impression posthumously, forever remembered for being painted gold from head to toe by the villainous Goldfinger.
-
Claudine Auger as Domino Derval, "Thunderball" (1965)
Another bad-girl-turned-good, Bond encountered his enemy's girlfriend, Domino Derval, underwater, and persuaded her to turn on her man, Emilio Largo.
-
Diana Rigg as Teresa di Vicenzo, "On Her Majesty's Secret Service" (1969)
The only woman who ever became Mrs. James Bond, Teresa di Vicenzo became Tracy Bond before being murdered by Ernst Stavro Blofeld, one of Bond's most famous nemeses.
-
Jill St. John as Tiffany Case, "Diamonds Are Forever" (1971)
A diamond smuggler who worked with Bond villain Blofeld, Tiffany Case became yet another bad girl who could not resist Bond's moves and was persuaded to join the side of the good.
-
Lana Wood as Plenty O'Toole, "Diamonds Are Forever" (1971)
Another suggestively named eye-candy of a Bond Girl, Plenty O'Toole thought she was bagging a rich playboy in Bond, but got caught in the crosshairs of his rivalry with Blofeld and pushed out a window for her troubles.
-
Jane Seymour as Solitaire, "Live and Let Die" (1973)
A psychic who would lose her powers if she ever made love to a man, Solitaire inevitably proved unable to resist James Bond and indeed lost her gift as a result.
-
Barbara Bach as Anya Amasova, "The Spy Who Loved Me" (1977)
A KGB agent codenamed "Triple X," Anya Amasova reluctantly teamed up with Bond to retrieve stolen microfilms after the KGB and MI6 realized they had the same goal.
-
Carole Bouquet as Melina Havelock, "For Your Eyes Only" (1981)
A vengeful beauty toting a crossbow, Melina Havelock teamed up with Bond to find the man who killed her parents.
-
Maud Adams as Octopussy, "Octopussy" (1983)
The only Bond Girl to be named for the title of the film she appears in, Octopussy ran an all-female floating island and jewelry smuggling ring and helped Bond kill her former partner after he turned on her.
-
Grace Jones as May Day, "A View To Kill" (1985)
A deadly assassin who at first tried to kill James Bond, she eventually turns good, ultimately meeting her death while working with the spy to try and dismantle a bomb.
-
Famke Janssen as Xena Onatopp, "Goldeneye" (1995)
The first femme fatale of the modern Bond era, Xenia Onatopp had no qualms about killing many people and tried to kill Bond on several occasions.
-
Michelle Yeoh as Wai Lin, "Tomorrow Never Dies" (1997)
A Chinese secret agent working alongside Bond to investigate media mogul Elliot Carver, Wai Lin proved smarter and a better fighter than the British spy on several occasions.
-
Halle Berry as Jinx, "Die Another Day" (2002)
Jinx's most memorable moment is an homage to original Bond Girl Honey Ryder's rise from the sea, clad in a bikini (orange this time), with a knife at her hip.
-
Rosamund Pike as Miranda Frost, "Die Another Day" (2002)
In a reversal of a typical Bond Girl plotline, Frost at first appears to be a Bond ally and then reveals herself to be a double agent working for the enemy, in this case Gustav Graves, the man she was assigned by MI6 to investigate.
-
Eva Green as Vesper Lynd, "Casino Royale" (2006)
Daniel Craig's introduction as Bond included his version of a tragic love story. Vesper Lynd captured Bond's heart, then revealed herself to be a double agent before getting killed.
-
Olga Kurylenko as Camille Montes, "Quantum of Solace" (2008)
A Bond Girl after vengeance for her slain family, Camille tried to infiltrate General Medrano's inner circle, then teamed up with Bond after she failed on her own.
-
Gemma Arterton as Strawberry Fields, "Quantum of Solace" (2008)
An MI6 agent who finds herself unable to resist Bond's charms, she falls into bed with him and then -- in an homage to "Goldfinger" -- is killed by being coated with a layer of oil.
-
Bérénice Marlohe as Severine, "Skyfall" (2012)
A captive of the film's villain Raoul Silva, Severine agreed to team up with Bond after he promised to free her. Unfortunately, her captor shot her before the secret agent could carry out his plan.
-
Naomie Harris as Eve, "Skyfall" (2012)
Miss Moneypenny is not always considered a Bond Girl due to her professional relationship with 007, but the latest incarnation, Eve, gets closer to the super spy than any of her predecessors.
-
Lea Seydoux as Madeleine Swann, "Spectre" (2015)
Bond teams up with Swann, the daughter of a rogue member of Spectre, to try to take down the shadow group's mastermind, Ernst Blofeld (Christoph Waltz).
-
Monica Bellucci as Lucia Sciarra, "Spectre" (2015)
The Italian actress is the oldest cast as a Bond Girl -- or Bond Woman, as many wrote -- and played a small but crucial role as the wife of an assassin who gives Bond a crucial piece of information and receives the spy's full attention in bed.
A look back at all the lovely allies and femme fatales who’ve crossed paths with 007 over the years
Jeremy Fuster
Box Office Reporter • jeremy.fuster@thewrap.com • Twitter: @jeremyfuster