Amazon MGM Studios‘ big $200M Dwayne Johnson and Chris Evans Santa Claus caper movie, Red One, landed on tracking recently and it’s eyeing a $36M opening in U.S./Canada with a chance for upside.
The Jake Kasdan directed reteam with Johnson post their Jumanji movies opens on Nov. 15. Red One was originally green lit for streaming, however, Amazon MGM Studios pivoted to theatrical after the movie tested well.
Essentially when it comes to an Amazon MGM Studios deciding to go theatrical on a movie that was originally conceived for streaming, it boils down to whether the studio can cover their domestic P&A costs at the box office.
Hence, there’s that confidence with Red One. Warner Bros. has overseas on the Seven Bucks production reteam per their offshore deal with Amazon MGM Studios.
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