Box Office Battle: Fifth 'Transformers' film ekes out $45M in franchise low
Viacom's (VIA) "Transformers: The Last Knight" earned $45.3M in its U.S. debut over the June 25 weekend, matching expectations for roughly $46M but significantly underperforming against the $100M launch of its immediate predecessor as well as a franchise average of $94M. The fifth installment in the transforming robots series received a B+ in audience polls from CinemaScore, holds a critics rating of 15% on reviews aggregator Rotten Tomatoes, and was produced with a reported budget of $217M. In foreign markets, "The Last Knight" took a notable $196M. BOX OFFICE RUNNERS-UP: In a photo finish, Time Warner's (TWX) "Wonder Woman" and Disney (DIS) "Cars 3" each grossed $25.2M, with the latter dipping roughly 53% from its opening weekend and missing estimates of $29M. Rounding out the top five, aquatic horror "47 Meters Down" from privately held Entertainment Studios and Tupac Shakur biopic "All Eyez On Me" from Lionsgate (LGF.A) earned a respective $7.4M and $5.8M in their second weekends. Other publicly traded companies in filmmaking include 21st Century Fox (FOX), Sony (SNE) and Comcast (CMCSA)
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