Entertainment

Moana 2 Sets Thanksgiving Box Office Ablaze with $221 Million Opening!

2024-12-01

Author: Sophie

New York —

This Thanksgiving weekend marked a monumental moment in cinema history as Disney's highly anticipated release, "Moana 2," surged to an astonishing $221 million at the box office, shattering all previous Thanksgiving records. Studio estimates claim this incredible feat was made possible by a confluence of blockbuster releases, including the musicals "Wicked" and "Gladiator II," collectively energizing the movie-going landscape much earlier than usual for the holiday season.

Initial expectations for "Moana 2" were sky-high, but the beloved film exceeded even the most optimistic projections. This five-day opening not only set a new record but also surpassed the previous Thanksgiving benchmark of $125 million, achieved by "Frozen 2" in its second week back in 2019. Internationally, "Moana 2" added a jaw-dropping $165.3 million to its coffers.

Meanwhile, "Wicked" continued to dazzle audiences, raking in $117.5 million over the five-day period, bringing its global total to a staggering $359.2 million within just two weeks. Notably, "Wicked" has now outperformed previous Broadway adaptations, including "Grease," making it the highest-grossing musical film adaptation to date when adjusted for inflation.

"Gladiator II," directed by Ridley Scott, also made its mark by generating $44 million in its second weekend. Despite its hefty production budget of $250 million, the sequel quickly accumulated $320 million worldwide, although profitability remains a concern.

The combined successes of these films propelled the total box office earnings during the Thanksgiving weekend to over $400 million, a record-breaking achievement for the industry. Following years of struggle due to the pandemic and shifts to streaming, this weekend illustrated the enduring appeal of Hollywood blockbusters.

Michael O’Leary, president of the National Association of Theatre Owners, expressed excitement over the thriving weekend, emphasizing how compelling narratives and robust marketing can reignite cinema's allure. He stated, "This weekend is a promising indicator of a bright future for the industry, one that we hope will signal a return to normalcy in the coming years."

The phenomenon seen now echoes the prior explosive box office battle, dubbed “Barbenheimer,” which showcased the power of simultaneous releases. Contrary to traditional beliefs that big budget films should avoid competing against one another, O’Leary argues that fierce competition actually benefits the entire movie ecosystem. With the current momentum, the film industry is optimistic about the upcoming quarter and the years to come, hoping to recapture the thrilling days of a bustling theater-going experience.

As audiences flock to theaters, will this blockbuster wave continue into 2025 and beyond? Only time will tell, but the sails for a bright cinematic future have surely been unfurled!