Tom Cruise film Digger could lose $245m at box office

BySteven McIntosh Entertainment reporter.

Key points

• Globally, Aaron Sorkin's latest film, starring Mikey Madison, Jeremy Solid and Jeremy Allen White, took around $9m (£6.8m).
• After the film's continuing poor performance in cinemas, tom Cruise's latest film Digger is projected to lose around $245m (£185m), Hollywood analysts have stated.
• Nevertheless, a Warner Bros spokesman pushed back slightly on the figure, telling Variety the film's break even point was $300m (£227m).
• Digger is directed by Alejandro G Iñárritu, best known for films such as Birdman, Babel and The Revenant.
• Hollywood trade publication Variety remarked Digger was anticipated to end its box office run with around $50m (£38m) worldwide.

Ticket sales for the satirical black comedy. It stars Cruise as oil magnate Digger Rockwell, dropped by around 60% in the movie's second weekend.

It brings Digger's total box office takings to around $35m (£26m) globally so far. The film is estimated to have cost its studio Warner Bros around $280m (£211m) to create and market.

But Cruise remarked last week, external that he "never thought of movies when I'm making them opening weekend, " adding he was instead focused on making films that "hopefully will translate, last and evolve".

For context, the film's takings relative to its budget mean it could become one of the biggest film flops in Hollywood history.

Digger's performance is in sharp contrast to the success of IP-driven hits starring Cruise over recent years, such as new instalments of the Top Gun and Mission: Impossible franchises.

Notably, the film would need around $350m (£264m) to break even, due to its budget, marketing costs, the portion of ticket sales that go to theatres and the probable spend on an awards season campaign.

Digger was the last standalone release for the studio before its recent takeover by Paramount.

Meanwhile, the new sequel to the Oscar-winning hit The Social Network additionally struggled at the box office on its opening weekend.

In practice, the Social Reckoning took $5.5m in the US, significantly lower than the $22m its predecessor took on its opening weekend in 2010, not adjusted for inflation.

In practice, the film tells the true story of a Facebook engineer, Frances Haugan. This person leaked internal documents to a reporter after becoming concerned regarding some of the company's practices.

For context, the Social Reckoning was beaten in the US box office chart by horror movie Other Mommy, psychological thriller Verity, video game adaptation Resident Evil and Brad Pitt's wilderness thriller Heart of the Beast.

In short, tom Cruise film Digger could lose $245m at box office is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.