Pirates Of The Caribbean stays afloat while Baywatch makes small waves

“Baywatch”

“Baywatch”

In this battle on the high seas and the beach, "Pirates of the Caribbean: Dead Men Tell No Tales" overwhelmed "Baywatch" for Memorial Day weekend box office victory.

Pirates of the Caribbean: Dead Men Tell No Tales pulled in $208.4 million from its global debut, for a worldwide total of $285.4 million, a figure which was at the high end of many box office analysts worldwide projections, claiming the movie would earn between $230 and $285 million worldwide in its opening weekend.

In a scathing New York Times review, A.O. Scott wrote, "This movie would be a rip-off even if someone paid you to see it". With a lousy 19% on Rotten Tomatoes, the '90s show reboot flopped with a four-day gross of only $23 million. As a result, the movie has earned an estimated $333.2 million domestically, and an estimated $783.3 million worldwide so far - already more than its predecessor's total earnings ($773 million) at the end of its run.

That's the second-lowest domestic opening of all five films in the franchise, a sign that franchise fatigue could be setting in.

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That's the weekend box office report. The movie carries a US$60 million production budget. Can anyone other than Johnny Depp play Jack Sparrow?

Memorial Day weekend witnessed several anticipated hits, including Indiana Jones and the Kingdom of the Crystal Skull, Terminator: Salvation, Kung Fu Panda 2, The Hangover part II and The Hangover part III.

Just for context: Prometheus finished its domestic theatrical run in 2012 with $126.5 million in ticket sales, plus an additional $276.9 million from foreign audiences - and it never even opened in China.

Johnny Depp's latest Disney blockbuster, which features Javier Bardem as villain Captain Salazar, easily snags first place on the domestic box office chart with its three-day estimate, but the opening gross pales in comparison with previous installments of the adventure franchise. There's an especially big holiday celebration at Disney HQ, since they've also got the weekend's No. 2 movie, Guardians of the Galaxy Vol. 2. The tragedy doesn't come from the tainted brand of Baywatch, but of its principle actors buoyed by Dwayne "The Rock" Johnson and Zac Efron. The film generated an estimated $4.5 million on Thursday, which includes $1.25 million from Wednesday night previews.

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