‘Joker 2’ Stumbles at Box Office amid Poor Reviews from Audiences, Critics

Todd Phillips, from left, Lady Gaga, and Joaquin Phoenix arrive at the premiere of "Joker: Folie a Deux" on Monday, Sept. 30, 2024, at TCL Chinese Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)
Todd Phillips, from left, Lady Gaga, and Joaquin Phoenix arrive at the premiere of "Joker: Folie a Deux" on Monday, Sept. 30, 2024, at TCL Chinese Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)
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‘Joker 2’ Stumbles at Box Office amid Poor Reviews from Audiences, Critics

Todd Phillips, from left, Lady Gaga, and Joaquin Phoenix arrive at the premiere of "Joker: Folie a Deux" on Monday, Sept. 30, 2024, at TCL Chinese Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)
Todd Phillips, from left, Lady Gaga, and Joaquin Phoenix arrive at the premiere of "Joker: Folie a Deux" on Monday, Sept. 30, 2024, at TCL Chinese Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)

“Joker: Folie à Deux” is the No. 1 movie at the box office, but it might not be destined for a happy ending.
In a turn of events that only Arthur Fleck would find funny, the follow-up to Todd Phillips’ 2019 origin story about the Batman villain opened in theaters nationwide this weekend to a muted $40 million, according to studio estimates Sunday, less than half that of its predecessor. The collapse was swift and has many in the industry wondering: How did the highly anticipated sequel to an Oscar-winning, billion-dollar film with the same creative team go wrong?
Just three weeks ago, tracking services pegged the movie for a $70 million debut, which would still have been down a fair amount from “Joker’s” record-breaking $96.2 million launch in Oct. 2019. Reviews were mixed out of the Venice Film Festival, where it premiered in competition like the first movie and even got a 12-minute standing ovation, The Associated Press reported.
But the homecoming glow was short-lived, and the fragile foundation would crumble in the coming weeks with its Rotten Tomatoes score dropping from 63% at Venice to 33% by its first weekend in theaters. Perhaps even more surprising were the audience reviews: Ticket buyers polled on opening night gave the film a deadly D CinemaScore. Exit polls from PostTrak weren’t any better. It got a meager half star out of five possible.
"That’s a double whammy that’s very difficult to recover from," said Paul Dergarabedian, the senior media analyst for Comscore. “The biggest issue of all is the reported budget. A $40 or $50 million opening for a less expensive movie would be a solid debut."
“Joker: Folie à Deux” cost at least twice as much as the first film to produce, though reported figures vary at exactly how pricey it was to make. Phillips told Variety that it was less than the reported $200 million; Others have it pegged at $190 million. Warner Bros. released the film in 4,102 locations in North America. About 12.5% of its domestic total came from 415 IMAX screens.
Internationally, it's earned $81.1 million from 25,788 screens, bringing its total global earnings estimate to $121.1 million. In the next two weeks, “Joker 2” will also open in Japan and China.
Second place went to Universal and DreamWorks Animation's “The Wild Robot,” which added $18.7 million in its second weekend, bringing its domestic total to nearly $64 million. Globally, it's made over $100 million. Warner Bros.' “Beetlejuice Beetlejuice" took third place in weekend five, Paramount's “Transformers One” landed in fourth and Universal and Blumhouse's “Speak No Evil” rounded out the top five.
The other big new release of the weekend, Lionsgate's “White Bird,” flopped with just $1.5 million from just over 1,000 locations, despite an A+ CinemaScore.
Overall, the weekend is up from the same frame last year, but “Joker's” start is an unwelcome twist for theater owners hoping to narrow the box office deficit.
Phillips and star Joaquin Phoenix have said they aspired to make something as “audacious” as the first film. The sequel added Lady Gaga into the fold, as a Joker superfan, and delved further into the mind of Arthur Fleck, imprisoned at Arkham and awaiting trial for the murders he committed in the first. It’s also a musical, with elaborately imagined song and dance numbers to old standards. Gaga even released a companion album called “'Harlequin,” alongside the film.
In his review for The Associated Press, Jake Coyle wrote that “Phillips has followed his very antihero take on the Joker with a very anti-sequel. It combines prison drama, courthouse thriller and musical, and yet turns out remarkably inert given how combustible the original was.”
The sequel has already been the subject of many think pieces, some who posit that the sequel was deliberately alienating fans of the first movie. In cruder terms, it’s been called a “middle finger.” But fans often ignore the advice of critics, especially when it comes to opening their wallets to see revered comic book characters on the big screen.
“They took a swing for the fences,” Dergarabedian said. “But except for a couple of outliers, audiences in 2024 seem to want to know what they’re getting when they’re going to the theater. They want the tried and true, the familiar.”
It has some high-profile defenders too: Francis Ford Coppola, who last week got his own D+ CinemaScore for his pricey, ambitious and divisive film “Megalopolis,” entered the Joker chat with an Instagram post.
“@ToddPhillips films always amaze me and I enjoy them thoroughly,” Coppola wrote. “Ever since the wonderful ‘The Hangover’ he’s always one step ahead of the audience never doing what they expect.”
“Megalopolis,” meanwhile, dropped a terminal 74% in its second weekend with just over $1 million, bringing its total just shy of $6.5 million against a $120 million budget.
Deadline editor Anthony D’Alessandro thinks the problem started with the idea to make the Joker sequel a musical. “No fan of the original movie wanted to see a musical sequel,” he wrote on Saturday.
The first film was also divisive and the subject of much discourse, then about whether it might send the wrong message to the wrong type of person. And yet people still flocked to see what the fuss was about. “Joker” went on to pick up 11 Oscar nominations, including best picture and best director, and three wins. It also made over $1 billion and was the highest-grossing R-rated film of all time, until this summer when Marvel's “Deadpool & Wolverine" took the crown.



Netflix War Epic to Open Asia’s Largest Film Festival

In this file photo taken on October 4, 2023, children pose for photos next to large letters displayed for the 28th Busan International Film Festival (BIFF) at the Busan Cinema Center in Busan. (AFP)
In this file photo taken on October 4, 2023, children pose for photos next to large letters displayed for the 28th Busan International Film Festival (BIFF) at the Busan Cinema Center in Busan. (AFP)
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Netflix War Epic to Open Asia’s Largest Film Festival

In this file photo taken on October 4, 2023, children pose for photos next to large letters displayed for the 28th Busan International Film Festival (BIFF) at the Busan Cinema Center in Busan. (AFP)
In this file photo taken on October 4, 2023, children pose for photos next to large letters displayed for the 28th Busan International Film Festival (BIFF) at the Busan Cinema Center in Busan. (AFP)

A Netflix period war drama produced by South Korean filmmaker Park Chan-wook will open Asia's largest film festival Wednesday, the first time a streaming title has kicked off the event.

Directed by Kim Sang-man and featuring Korean megastar Gang Dong-won in a lead role, "Uprising" is one of 224 official entries at this year's Busan International Film Festival (BIFF), which runs until October 11.

The film has attracted significant attention ahead of its world premiere thanks largely to the involvement of Park, best-known for ultra-violent thrillers like 2003's "Old Boy", which played a key role in bringing South Korean cinema to the global forefront.

Park was a screenwriter and producer on "Uprising", a story set during Korea's Joseon Dynasty about two friends who grow up together -- but become enemies when war breaks out in the country.

"I believed it was a work that could appeal to the public (the most) among all the (BIFF) opening films in history," Park Do-shin, the festival's acting director, has said of the choice.

Streaming-only content like Netflix's "Squid Game" and the Apple TV+ series "Pachinko" have contributed to a significant surge in the global visibility of Korean and Korean diaspora stories in recent years.

Busan's 2024 line-up reflects how that content has become an "important part of our culture," BIFF programmer Jung Han-seok said.

On Wednesday morning, ahead of the opening ceremony, visitors were already queuing at festival venues, while the red carpet for the star-studded opening ceremony had been laid out.

- Why streaming? -

The decision to open this year's edition with a major streaming title, however, has sparked criticism within South Korea's cinema community, as BIFF has long been dedicated to supporting emerging talents in Asia as well as small-scale, independent films.

"I find it disappointing that a streaming title was selected as the opening film," Kay Heeyoung Kim, who owns film studio K-Dragon, told AFP.

"The challenges confronting the theatre-based physical film market and filmmakers can be partly attributed to the streaming platforms."

This year's edition also comes as organizers still grapple with the fallout from former festival director Huh Moon-yung, who resigned last year amid accusations of sexual misconduct. The director position remains vacant.

The South Korean government's budget for supporting film festivals including BIFF was also slashed by half this year.

Despite those setbacks, this year's 29th edition is presenting about 15 more films than last year, organizers said, with 86 world premieres.

- Award winners -

BIFF will posthumously honor South Korean actor Lee Sun-kyun, screening six of the actor's film and television works, including "Parasite", "Our Sunhi" (2013) and a portion of TV series "My Mister" (2018).

Best known globally for his starring role in Bong Joon-ho's 2019 Oscar-winner "Parasite", Lee was found dead in an apparent suicide last year after a two-month investigation into suspected drug use, sparking public outrage over what many perceived as an excessive police interrogation.

Meanwhile, filmmaker Kiyoshi Kurosawa, best known for his contributions to the Japanese horror genre, will receive the festival's Asian Filmmaker of the Year award, joining the ranks of previous winners such as Hong Kong legends Tony Leung and Chow Yun Fat.

The Japanese filmmaker is showcasing two new films at BIFF this year: the violent thriller "Cloud" and "Serpent's Path", a French-language remake of his 1998 film of the same name.

Other notable world premieres include "RM: Right People, Wrong Place", a documentary on K-pop sensation BTS member RM and the making of his second solo album.

Chung, Yu Chieh, a 39-year-old visitor from Taiwan, said she was excited about South Korean director Hur Jin-ho's latest film, "A Normal Family" - a psychological thriller featuring two upper-class couples seemingly leading perfect lives.

Featuring some of the most celebrated veteran performers in South Korea - including actress Kim Hee-ae and actor Jang Dong-gun - the film is one of the most anticipated homegrown films to be featured at BIFF this year.

"I believe (the festival) will be very special," she told AFP.

BIFF's industry platform, the Asian Contents and Film Market, will host a conference focused on the integration of AI in content production -- a current hot-button issue in Hollywood.

Companies including South Korea's CJ ENM, Chinese VOD service iQIYI and Microsoft will take part.