We told you last week that ‘Elvis’ would be battling ‘Top Gun: Maverick’ at the box office, which is not exactly a battle people expected a month ago. After all, the ‘Top Gun’ sequel entered theaters a month ago. It should be on its way out, but the flick has had incredible staying power.
And this past weekend, it came super close to beating Baz Luhrmann’s ‘Elvis’ biopic.
‘Top Gun: Maverick’ brought in $29.6 million in its fifth weekend inside theaters. Meanwhile, Elvis managed to grab $31.1 million in its box office debut.
Although ‘Elvis’ ultimately took the box office crown, both films were able to post a strong result. For ‘Elvis,’ a $31 million debut is promising for an adult-skewing drama since its core demographic does not traditionally rush out to see a movie on opening weekend.
But still, the studio spent $85 million on this film (not including marketing) so they’ll need to continue to perform well at the box office for weeks to come.
Meanwhile, Top Gun: Maverick has made $520 million at the domestic box office, but perhaps more importantly, it crossed the $1 billion mark worldwide. That’s a huge achievement, typically reserved for superhero flicks.
By the way, the Ethan Hawke horror flick ‘The Black Phone‘ also had a decent opening this past weekend, bringing in $23.3 million.
Safe to say, theater owners have been happy the past month or two. Hopefully the trend continues.