Will Smith “Gemini Man” to Lose $75 Million at the Box Office

The Will Smith-led film Gemini Man is still bombing at the box office and is looking to lose $75 million…or more… after a disappointing second weekend.

Via: Lovebscott

Ang Lee’s VFX-heavy film, starring Will Smith, faces losses of $75 million or more after opening to $20.5 million domestically over the Oct. 11-13 frame and finishing Sunday with an anemic worldwide total of $118.7 million, according to sources and box office analysts. Hopes were high that Gemini Man would make up ground and open to strong numbers in China. Instead, it launched to just $21 million over the weekend, coming in behind Maleficent: Mistress of Evil ($22.4 million) in a surprise upset.

The silver lining: The loss will be spread between David Ellison’s Skydance Media, Paramount Pictures and two China-based companies, Fosun and Alibaba. The pic — which features Smith as an elite assassin who faces off against his younger self — cost roughly $140 million to produce after tax rebates and incentives, in addition to a $100 million-plus marketing spend.

Leading up to its release, Gemini Man sparked headlines across the globe for Lee’s use of groundbreaking de-aging and high frame rate technology, but Paramount and Skydance knew they were in trouble in late September when reviews started pouring in and prerelease tracking stalled. While praising the film’s technological prowess, critics slammed the story, resulting in a career-worst Rotten Tomatoes score of 25 percent for Lee.