Pirates of the Caribbean: Dead Men Tell No Tales, the fifth installment in the long-running Disney franchise, is expected to earn an impressive $75 million from 4,276 theaters over the course of the four-day Memorial Day weekend, according to box office analysts who have been keeping a close eye on sales figures.
Dead Men Tell No Tales, which sees Johnny Depp reprise his role as the infamous Captain Jack Sparrow, was produced on a hefty $230 million budget and was originally expected to reach the $80 million mark by the end of the weekend. On Thursday night, the film took in $5.5 million and is close to reaching the $26 million mark by the end of the day on Friday.
Despite an aggressive marketing campaign, Paramount’s raunchy R-rated comedy Baywatch isn’t faring as well as early projections originally thought it would and is expected to barely reach $30 million by Monday. The studio has seen a number of pricey films flop this year including Ghost in the Shell and Monster Trucks, and they could be adding Baywatch to the list if sales don’t begin to pick-up.
With Marvel’s box office smash Guardians of the Galaxy Vol. 2 expected to reel in an additional $26 million this weekend and Fox’s Alien: Covenant on-track for $16 million, the summer is off to a mediocre start, but things should begin to kick into high gear in June with the arrival of films such as Wonder Woman, The Mummy, and Cars 3.