Search
Close this search box.
Bong Joon-ho’s ‘Mickey 17’ Tops North American Box Office but Falls Short of Expectations

Los Angeles: Bong Joon-ho's latest film, "Mickey 17," debuted at No. 1 at the North American box office over the weekend, making history as the first film by a Korean director to debut in the top spot. However, its opening-weekend earnings fell short of industry projections, raising concerns over its ability to recoup its substantial production and marketing costs.

According to Yonhap News Agency, "Mickey 17" earned US$19.1 million from 3,807 theaters in North America during its opening weekend, as reported by Box Office Mojo, a U.S.-based online tracker of box-office revenue. The American sci-fi black comedy grossed an additional $34.2 million internationally, bringing its global total to $53.3 million.

Among international markets, South Korea led with the highest earnings, bringing in $9 million in its opening week, followed by France with $2.9 million and Britain with $2.7 million. Despite this, industry analysts had initially estimated the film would earn around $20 million in its North American opening weekend. Its actual performance has sparked concerns within Hollywood media circles about its long-term profitability.

According to Variety, Warner Bros. invested $118 million in production costs and an additional $80 million in marketing for "Mickey 17." Industry insiders suggest that for the film to break even in its theatrical run, it would need to gross between $275 million and $300 million worldwide. "Mickey 17" has garnered significant attention in Hollywood as Bong's first film in five years following "Parasite," which won four Academy Awards, including Best Picture, in 2020.

ADVERTISEMENT