Although in the United States, The Little Mermaid has been a resounding success, raising approximately $117.5 million (2 billion pesos) with a total expected to reach $120 million (2.1 billion pesos), the rest of the world has shown little interest. The new Disney remake topped Billboard with less than $100 million in revenue in its first four days.
According to Deadline, internationally, The Little Mermaid has raised approximately $68.3 million (1.2 billion pesos), turning out to be one of the worst Disney live-action premieres in recent years. Overall, the film is projected to receive $163.8 million (2.8 billion pesos) in its first weekend, making it a major flop of the season.
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so why The Little Mermaid has proved to be a worldwide flop, Although it was not expected to be well received outside the United States, global box office results have been disappointing. Traditionally strong regions for Disney, such as Europe and Latin America, are not generating the expected revenue for The Little Mermaid.
The biggest problem has been in China, where The remake failed to capture the public’s interest, raised only $2.5 million (44 million pesos). In fact, in Asia generally, the film has been ignored despite the fact The Chinese Market Is Usually One Of The Best For Disney Productions,
Interestingly, with a box office of $8.5 million (149 million pesos), Mexico has become the second strongest country for The Little Mermaid after the United States. In our country, the film is shaping up to be one of the best premieres of the year.
Will it be able to revive its box office run in the coming weeks?
However, the outlook isn’t looking too encouraging for The Little Mermaid in the coming weeks, as there are other premieres coming up that could reduce its audience. Films like Spider-Man: Across the Spider-Verse, Transformers: Rise of the Beasts, and The Flash will be released back-to-back, competing directly with The Little Mermaid. It’s important to note that the Transformers franchise has fared better in China than almost any other Disney production.
With a budget of $200 million (3.5 billion pesos), The Little Mermaid must raise at least $600 million (10 billion pesos) to recover its investment, a goal that seems very difficult to achieve at the moment.