Beyoncé’s ‘Renaissance’ is No. 1 at Box Office with $21 Million Debut

Beyonce accepts the award for Best Dance/Electronic Music Album for "Renaissance" during the 65th Annual Grammy Awards in Los Angeles, California, US, February 5, 2023. REUTERS/Mario Anzuoni/File Photo
Beyonce accepts the award for Best Dance/Electronic Music Album for "Renaissance" during the 65th Annual Grammy Awards in Los Angeles, California, US, February 5, 2023. REUTERS/Mario Anzuoni/File Photo
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Beyoncé’s ‘Renaissance’ is No. 1 at Box Office with $21 Million Debut

Beyonce accepts the award for Best Dance/Electronic Music Album for "Renaissance" during the 65th Annual Grammy Awards in Los Angeles, California, US, February 5, 2023. REUTERS/Mario Anzuoni/File Photo
Beyonce accepts the award for Best Dance/Electronic Music Album for "Renaissance" during the 65th Annual Grammy Awards in Los Angeles, California, US, February 5, 2023. REUTERS/Mario Anzuoni/File Photo

Beyoncé ruled the box office this weekend.
Her concert picture, “ Renaissance: A Film by Beyoncé,” opened in first place with $21 million in North American ticket sales, according to estimates from AMC Theatres Sunday.
The post-Thanksgiving, early December box office is notoriously slow, but “Renaissance" defied the odds. Not accounting for inflation, it's the first time a film has opened over $20 million on this weekend in 20 years (since “The Last Samurai”).
Beyoncé wrote, directed and produced “Renaissance,” which is focused on the tour for her Grammy-winning album. It debuted in 2,539 theaters in the US and Canada, as well as 94 international territories, where it earned $6.4 million from 2,621 theaters, The Associated Press reported.
“On behalf of AMC Theatres Distribution and the entire theatrical industry, we thank Beyoncé for bringing this incredible film directly to her fans,” said Elizabeth Frank, AMC Theatres executive vice president of worldwide programming, in a statement. “To see it resonate with fans and with film critics on a weekend that many in the industry typically neglect is a testament to her immense talent, not just as a performer, but as a producer and director."
Though “Renaissance” did not come close to matching the $92.8 million debut of “Taylor Swift: The Eras Tour” in October, it’s still a very good start for a concert film. No one expected “Renaissance” to match “The Eras Tour,” which is wrapping up its theatrical run soon with over $250 million globally. Prior to Swift, the biggest concert film debuts (titles held by Miley Cyrus and Justin Bieber for their 2008 and 2011 films) had not surpassed the unadjusted sum of $32 million.
The 39-city, 56-show “Renaissance” tour, which kicked off in Stockholm, Sweden in May and ended in Kansas City, Missouri in the fall, made over $500 million and attracted over 2.7 million concertgoers. Swift’s ongoing “Eras Tour,” with 151 dates, is expected to gross some $1.4 billion.
Both Beyoncé and Swift chose to partner with AMC Theatres to distribute their films, as opposed to a traditional studio. Both superstars have been supportive of one another, making splashy appearances at the other’s premieres. Both had previously released films on Netflix (“Miss Americana” and “Homecoming”). And both are reported to be receiving at least 50% of ticket sales.
Movie tickets to the show were more expensive than average, around $23.32 versus Swift's $20.78, according to data firm EntTelligence.
Critics and audiences gave "Renaissance" glowing reviews – it’s sitting at 100% on Rotten Tomatoes and got a coveted A+ CinemaScore from opening weekend audiences who were polled. EntTelligence also estimates that the audience, around 900,000 strong, skewed a little older than Swift's.
Lionsgate's “ The Hunger Games: The Ballad of Songbirds & Snakes ” fell to second place in its third weekend with an estimated $14.5 million. The prequel has now earned over $121 million domestically.
“Godzilla Minus One " is expected to take third place on the North American charts. The well-reviewed Japanese blockbuster distributed by Toho International cost only $15 million to produce and has already earned $23 million in Japan. Toho's 33rd Godzilla film is set in the aftermath of World War II, stars Ryunosuke Kamiki and was directed by Takashi Yamazaki.



Disney Names James Gorman as New Chairman, to Announce Next CEO in Early 2026

FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)
FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)
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Disney Names James Gorman as New Chairman, to Announce Next CEO in Early 2026

FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)
FILE - In this Nov. 13, 2019, photo, a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass. (AP Photo/Steven Senne, File)

Walt Disney said on Monday it would appoint a new chief executive officer in early 2026 and named James Gorman as its chairman.
Gorman, executive chairman of Morgan Stanley, would step down from that role at the end of 2024 and take on the position at Disney in January.
He would succeed Mark Parker, who is leaving the media giant's board after nine years, according to Reuters.
Gorman is currently the chair of Disney board's succession planning committee, which is working to identify its next CEO.
Bob Iger returned to Disney as CEO in November 2022, less than a year after he retired, to revamp the media company after the board ousted his hand-picked successor, Bob Chapek.
Iger had initially planned to stay for two years but agreed to extend his tenure through 2026.