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Disney's "Lion King" is expected to raise $ 175 million for the opening



A statue of Disney's "The Lion King" with Nala (Beyonce Knowles) and Simba (Donald Glover).

Disney

"The Lion King" is a "critical evidence" film, according to analysts.

Despite some mixed reviews from critics, there is general consensus that the 1994 remake of the eponymous Disney classic will bring in at least $ 175 million, if not more, on its opening weekend in the United States.

Last week launch reviews for "Lion King," which will be screened in cinemas on July 1

9th. As of this posting, the film has a 60 percent stake in Rotten Tomatoes from 143 reviews. If more evaluations are in tabular form, this number may change.

Analysts do not cut their estimates at the box office.

"The film was made for an audience that is not a critic," said Shawn Robbins, chief analyst, Boxoffice.com.

While Disney sets the movie's inaugural opening at around $ 150 million, Robbins says the studio is usually more conservative than it comes to estimating its box office earnings.

"[‘Lion King’] is one of those films that could prevent water detection," he said, noting that some had demanded that the film in the US during its first three days of cinema cost more than $ 200 million. Should cost dollars.

"It does not matter what [critics] has to say," said Jeff Bock, senior cash analyst at Exhibitor Relations, to CNBC last week. "People want to see it or do not want to see it, and there are many people in the camp who want to see it."

Over the weekend, "Lion King" in China earned $ 54.7 million, higher than the openings of The Jungle Book, Beauty and the Beast and Aladdin.

According to local projections, the remake is already on its way to becoming one of the most successful Disney titles in China. On Friday alone, the film earned $ 13.4 million, more than the three-day debut of "Toy Story 4" last month ($ 13.2 million).

This strong opening in China is a good sign for the opening of this movie weekend in the US, as it will premiere in most other international markets as well as domestic. Already in April, industry experts predicted that "The Lion King" could be the film with the highest revenue of the year.


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