Indiana Jones and the executives at Walt Disney and Lucasfilm were disappointed to discover that not many people went to see the movie “Indiana Jones and the Dial of Destiny” over the weekend.
Despite having a budget of over $250 million, the film only made $60 million from ticket sales in North America, according to estimates from the studio. It also earned an additional $70 million from international showings in 52 markets, resulting in a global opening of $130 million.
While it did become the top-grossing movie, it wasn’t the grand farewell to Harrison Ford’s character that everyone had hoped for. Disney expects the movie to make around $82 million domestically and $152 million globally by the Fourth of July holiday.
“Dial of Destiny” is the fifth movie in the Indiana Jones series, created by Steven Spielberg and George Lucas. However, Spielberg didn’t direct this installment; instead, James Mangold took over with Spielberg’s approval.
The story revolves around an older Dr. Jones, played by Harrison Ford, who is retiring from his university job but gets pulled into a new adventure alongside his goddaughter Helena, portrayed by Phoebe Waller-Bridge.
The movie premiered at the Cannes Film Festival in May, with a special focus on Ford, as he announced that this would be his final time playing the character of Indiana Jones.
Unfortunately, the film received mixed reviews, which came as an unexpected disappointment. This was especially significant because it followed the poorly received fourth film in the series, “Indiana Jones and the Kingdom of the Crystal Skull,” released in 2008.
Another challenge was that a large portion of the target audience, which consists of older viewers, tends not to rush to see blockbusters on their opening weekends. However, even with mixed reviews, “Crystal Skull” managed to earn over $790 million worldwide, despite its reported budget of $185 million.
In addition to “Dial of Destiny,” two other notable movies performed well at the box office over the weekend. “Spider-Man: Across the Spider-Verse” secured the second spot, earning $11.5 million and bringing its total domestic earnings to approximately $340 million. Meanwhile, “Elemental” took the third position with $11.3 million in ticket sales.
Another film that premiered during the weekend was the animated movie “Ruby Gillman, Teenage Kraken.” It debuted in sixth place and earned $5.2 million.
“Dial of Destiny” experienced a disappointing opening, and this trend follows the underwhelming debuts of Warner Bros.’ “The Flash” and Disney/Pixar’s “Elemental” in North America a few weeks prior. Similar to “Indy 5,” “Elemental” also premiered at Cannes but received mixed reviews.
The challenges for “Dial of Destiny” are expected to intensify in the upcoming weeks due to a crowded July release schedule. On July 12, “Mission: Impossible-Dead Reckoning Part I” will hit theaters, followed by “Oppenheimer” and “Barbie” on July 21.
The increased competition from these highly anticipated films adds to the pressure faced by “Dial of Destiny” to attract audiences and sustain its box office performance.