Warner Bros. He's Set to Lose a Surprising Amount of Money on 'Joker 2'

Joker: Folie à Deux Warner Bros. is expected to lose hundreds of millions of dollars. Diversity reports.

Todd Phillips' sequel, a musical courtroom drama that's as confusing as it sounds, is on track to lose the studio somewhere between $150 million and $200 million theatrically, according to industry insiders. A few less bullish analysts say the film will “only” lose close to $125 million.

“Any predictions suggested by anonymous 'insiders' or 'rival executives' are largely inaccurate and continue the trend of rumors being reported as fact,” a Warner spokesperson said. Diversity in a statement.

In the first two weeks of its publication, Folie à Deux It grossed only $51.5 million in the US and $165 million in other territories. By comparison, 2019's Joker It grossed $96.2 million domestically in its opening weekend alone. It grossed over $1 billion worldwide, $335 million of which was domestically. a few years or so Deadpool and Wolverine I got over it a few months ago, Joker It was the highest-grossing R-rated film of all time.

Folie à Deux's reception marks a surprising reversal of fortunes for the dark franchise. The first episode had its share of controversy but was largely praised by critics. Joker 2 With a score of 33 percent on Rotten Tomatoes, it stands no such chance. It was even worse for audiences, scoring a 32 percent rating on Rotten Tomatoes and a rare “D” rating at CinemaScore.

While the first one Joker Having received 11 Academy Award nominations and a Best Actor nod for star Joaquin Phoenix, the sequel appears to have little chance of gaining traction at any awards. Even the presence of awards favorite Lady Gaga, who wrote and performed many original songs for the film, did little to endear the film to insiders.

Warner Bros. He stated the following in his statement: Folie à Deux “It continues to play theatrically, including this week's opening in China, and will continue to generate revenue throughout home viewing and ancillary release.”

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