'Pirates 5' Nabs $77-M in US, 'Baywatch' Drowns with $23-M

First and foremost, we have Paramount's Baywatch, pulling in a paltry $28 million globally at the box office, coming in at a distant second for new releases to Disney's Pirates of the Caribbean: Dead Men Tell No Tales.

"The US$326 million earned by "Pirates of the Caribbean: Dead Men Tell No Tales" means that The Walt Disney Studios has now crossed US$3 billion globally in 2017 to date, with global grosses at US$1.903 billion and domestic grosses at US$1.102 billion", it said.

Even the decently reviewed Alien: Covenant dropped an uncommonly steep 71 per cent in its second weekend in theaters to take fourth place with US$10.5 million. The movie has now made an estimated $161 million worldwide, so it's looking good that the movie, reportedly made on a production budget of $97 million, will be in the black.

The Memorial Day weekend watched two big movies clash at the box office for the number one spot.

A dreadlocked Johnny Depp again plays Sparrow as he fights a crew of creepy ghost sailors led by the villainous Javier Bardem. China is the big driver; Dead Men Tell No Tales has soaked up 87 percent of all tickets sales there, and it's already surpassed the entire box-office take of At World's End. "Baywatch" was directed by Seth Gordon, the film stars Dwayne Johnson, Zac Efron, and Alexandra Daddario. Russian Federation also posted a strong start with the highest opening weekend in industry history of $18.6 million.

It's also of note the opening of Dead Men Tell No Tales pushed Disney's domestic cume for 2017 over $1 billion on Friday. The film has earned more than $340.5 million in its four weeks of release. The comedy revamp, which cost more than $60 million (£46.9 million) to make, appears to have been sunk by a string of bad reviews, debuting with just $18.1 million (£14.1 million). Disney's "Guardians of the Galaxy Vol. 2" should close out the holiday period with around $335 million in its first 25 days. Its four-day global total is expected to hit US$300 million. The teen romance Everything, Everything rounded out the top five with US$6.2 million. The studio reached it in the second-fastest time ever, only behind when it reached that mark previous year in early May. Alien opened last week with a Guardians-toppling $36.2 million first place finish. Universal's "Fate of the Furious" became the sixth film to earn over $1 billion overseas.

  • Salvatore Jensen