‘Robin Hood’ the biggest box-office bomb of the year

Taron Egerton in “Robin Hood”
Lionsgate

• The new “Robin Hood” movie made just $14 million over the
  five-day holiday at the box office.
• It’s the biggest bomb of 2018 for a movie with a budget over
  $90 million.
• The movie faced tough competition, but it’s also another
  example of audiences not caring about the medieval “Robin Hood”
  or “King Arthur” brands.

 

Hollywood loves “Robin Hood,” but the latest take on the classic
tale may force some reconsideration. 

Lionsgate’s “Robin Hood,” starring Taron Egerton and Jamie Foxx,
couldn’t break through the competitive Thanksgiving weekend at
the box office. With a Friday-Sunday take of only $9 million, and
$14 million over the five-day holiday, the movie is the biggest
bomb of 2018 with a budget over $90 million (via The Wrap).

READ MORE: Hollywood is obsessed with making
Robin Hood and King Arthur films, despite a run of box-office
and critical disasters

Globally, the movie made just $22 million. Its production budget
was $100 million. The movie faced tough competition with popular
sequels “Ralph Breaks the Internet” and “Creed II” also debuting
last week, as well as films like “Bohemian Rhapsody,” “Fantastic
Beasts: The Crimes of Grindelwald,” and “The Grinch” still
holding steady.

But even if there weren’t so many other options in theaters,
the “Robin Hood” brand isn’t
exactly lucrative. The last attempt, Ridley Scott’s 2010
“Robin Hood” starring Russell Crowe, fared better with $321
million worldwide once all was said and done, but audiences
weren’t clamoring for another reboot.

This year’s “Robin Hood” also followed in the footsteps of last
year’s “King Arthur: Legend of the Sword,” which retold an
overused medieval tale with a younger actor. That movie made $15
million in its opening weekend, and went on to gross only $148
million worldwide while its budget was $175 million.

Sony is developing a Robin Hood movie of
its own, this time focused on the love interest, Marian,
played by Margot Robbie. But details have been scarce, and now
would be a good time to maybe sweep that idea under the rug.