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Box Office: ‘Ford v Ferrari’ Races to Top, meanwhile ‘Charlie’s Angels’ Collapses

Written on 11/19/2019
DanceSignal


Sony’s reboot failed to meet even the studio’s cautiously low expectations, debuting to a franchise-eviscerating $8.6 million in North America. Given that the film failed to make up much traction overseas, launching with $19.2 million, including a disappointing $7.7 million in China, it seems likely the Angels just completed their final mission. One plus for Sony: its potential financial losses will be minimized through co-financiers Perfect World Pictures and 2.0 Entertainment, which put up half of the film’s $48 million budget.

Meanwhile,

“Ford v Ferrari” left its box office competitors in the dust as the historical sports drama from Disney and 20th Century Fox sped its way to $31 million in North America. Directed by James Mangold and starring Christian Bale and Matt Damon, “Ford v Ferrari” debuted ahead of expectations thanks to strong word-of-mouth from moviegoers. However, those promising ticket sales weren’t enough to offset disappointing starts from fellow high-profile newcomers, “Charlie’s Angels” and “The Good Liar,” pushing the domestic box office down over 6% from last year, according to Comscore.

“Ford v Ferrari” secured a rare A+ CinemaScore, the highest marks among new nationwide offerings. That kind of praise from ticket buyers indicates the racing drama should have a long life in theaters, a good sign considering the Chernin Entertainment-produced movie carries a $100 million price tag. “Ford v Ferrari” enticed a mostly older male crowd: Men accounted for 62% of ticket buyers, while nearly 80% were over the age of 25.

“Ford v Ferrari” tells the true story of the automotive team at Ford, led by designer Carroll Shelby (Damon) and his British driver Ken Miles (Bale), as they build a race car attempting to beat the legendary Ferrari in the prestigious Le Mans race.