EXCLUSIVE: So AMC‘s second concert movie, Renaissance: Film by Beyonce hit tracking recently with a $20M opening projection.
You’ll remember that the No. 1 circuit in the world, which is distributing the movie to other exhibitors through Variance (who was tapped to handle AMC’s Taylor Swift: Eras Tour concert movie) set a Dec.
1 release date. That’s a notoriously slow post-Thanksgiving frame for moviegoing. Renaissance which has more of documentary quality to it than Eras Tour was always expected to debut in this range, so no surprise here.
When the movie was announced, despite Beyonce’s latest concert grossing close to $600M per Live Nation back in August; the seventh highest grossing concert of all-time, and wild estimates out there that the tour could rack up $2.4 billion, distribution sources have been figuring that Renaissance would not post Eras Tour type opening numbers, the Swift pic seeing a $92.8M domestic opening, $123M WW debut and a current running total over $241M WW.
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