On the Fourth of July weekend, Jim Caviezel's most recent movie Sound Of Freedom, which chronicles the life of former DHS agent Tim Ballard and his battle against child trafficking, performed better than Disney's Indiana Jones And The Dial Of Destiny. Despite having a small portion of the Disney movie's massive marketing budget, the film from the small, faith-based studio managed to outperform the concluding chapter in the Harrison Ford saga.
Prior to its July 4 premiere, the Angel Studios-distributed movie attracted a lot of buzz. It has since received raving reviews from critics. On the movie review website Rotten Tomatoes, Sound Of Freedom currently has an overall "fresh" rating with a 99% audience approval rating and an 85% critics' score.
A significant accomplishment for the faith-based independent studio was the movie's presale ticket sales, which totaled more than 1,000,000 and brought in over $1 million before the official release. A number of well-known people have also given Sound Of Freedom their support, including legendary actor and director Mel Gibson, who pleaded with viewers to watch the movie in an emotional video statement.
Following the official opening of the movie, Sound Of Freedom received even more positive news. According to a report from Deadline, the film made over $14 million on its opening day, surpassing Disney's Indiana Jones And The Dial Of Destiny, which brought in $11.5 million.
After some pre-release projections predicted the movie would gross $11 million over the course of six days, the film's success has far surpassed industry expectations.
Due to its hefty budget, Disney will face another uphill battle to make a profit with Indiana Jones. Since the movies will be streaming exclusively on Disney +, the company has already lost more than $890 million on its last eight studio releases, a figure that may exceed $1 billion. As a result, there won't be any additional income from renting them out to competitors like Netflix or Amazon.
It's also anticipated that the final installment in the Indiana Jones series will be a financial loss. Disney's recent blockbuster marketing campaigns have exceeded tens of millions of dollars, while the reported budget for Indiana Jones and the Dial of Destiny is $295 million before marketing.
Given the upcoming releases it will have to compete with, Disney's newest film will need to earn $1 billion globally to break even.
Prior to its July 4 premiere, the Angel Studios-distributed movie attracted a lot of buzz. It has since received raving reviews from critics. On the movie review website Rotten Tomatoes, Sound Of Freedom currently has an overall "fresh" rating with a 99% audience approval rating and an 85% critics' score.
A significant accomplishment for the faith-based independent studio was the movie's presale ticket sales, which totaled more than 1,000,000 and brought in over $1 million before the official release. A number of well-known people have also given Sound Of Freedom their support, including legendary actor and director Mel Gibson, who pleaded with viewers to watch the movie in an emotional video statement.
Following the official opening of the movie, Sound Of Freedom received even more positive news. According to a report from Deadline, the film made over $14 million on its opening day, surpassing Disney's Indiana Jones And The Dial Of Destiny, which brought in $11.5 million.
After some pre-release projections predicted the movie would gross $11 million over the course of six days, the film's success has far surpassed industry expectations.
Due to its hefty budget, Disney will face another uphill battle to make a profit with Indiana Jones. Since the movies will be streaming exclusively on Disney +, the company has already lost more than $890 million on its last eight studio releases, a figure that may exceed $1 billion. As a result, there won't be any additional income from renting them out to competitors like Netflix or Amazon.
It's also anticipated that the final installment in the Indiana Jones series will be a financial loss. Disney's recent blockbuster marketing campaigns have exceeded tens of millions of dollars, while the reported budget for Indiana Jones and the Dial of Destiny is $295 million before marketing.
Given the upcoming releases it will have to compete with, Disney's newest film will need to earn $1 billion globally to break even.
