The new 'Robin Hood' movie is officially the biggest box-office bomb of the year

LionsgateTaron Egerton in ‘Robin Hood.’
  • The new “Robin Hood” movie made just $US14 million over the five-day holiday weekend at the box office.
  • It’s the biggest bomb of 2018 for a movie with a budget over $US90 million.
  • The movie faced tough competition, but it’s also another example of audiences not caring about the medieval “Robin Hood” or “King Arthur” brands.

Hollywood loves “Robin Hood,” but the latest take on the classic tale may force some reconsideration.

Lionsgate’s “Robin Hood,” starring Taron Egerton and Jamie Foxx, struggled during the competitive Thanksgiving weekend at the box office. “Robin Hood” is the biggest bomb among movies with a budget over $US90 million in 2018, according to The Wrap. The film had a Friday to Sunday take of only $US9 million and made $US14 million over the five-day holiday weekend at the box office.

Read more: Hollywood is obsessed with making Robin Hood and King Arthur movies, despite a run of box-office and critical disasters

Globally, the movie made just $US22 million. Its production budget was $US100 million. The movie faced tough competition as the popular sequels “Ralph Breaks the Internet” and “Creed II” also debuted last week. Additionally, the movies “Bohemian Rhapsody,” “Fantastic Beasts: The Crimes of Grindelwald,” and “The Grinch” are still holding steady.

But even if there weren’t so many other options in theatres,the “Robin Hood” brand isn’t exactly lucrative. The last attempt, Ridley Scott’s 2010 “Robin Hood” starring Russell Crowe, fared better with $US321 million in worldwide box-office sales, but audiences weren’t clamoring for another reboot.

This year’s “Robin Hood” also followed in the footsteps of last year’s “King Arthur: Legend of the Sword,” which retold an overused medieval tale. That movie made $US15 million in its opening weekend and went on to gross only $US148 million worldwide against its $US175 million budget.

Sony is developing a Robin Hood movie of its own, this time focused on the love interest Marian, played by Margot Robbie. But details have been scarce, and now may be a good time to sweep that idea under the rug.

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