What is the story about?
What's Happening?
The Conjuring: Last Rites has achieved a significant milestone at the box office, grossing $187 million globally during its opening weekend. This marks the second-largest global box office debut for a horror film, trailing only behind the 2017 film It, which grossed $190 million. Domestically, the film earned $83 million, while internationally, it garnered $104 million, setting a record for the largest international opening weekend for a horror movie. Directed by Michael Chaves and produced by James Wan and Peter Safran, the film also performed exceptionally well in IMAX theaters, securing $14.3 million, the largest IMAX global opening for a September release.
Why It's Important?
The success of The Conjuring: Last Rites underscores the enduring popularity and commercial viability of The Conjuring franchise, which has become the highest-grossing horror franchise in history with over $2.3 billion in earnings. This achievement highlights the strong market demand for horror films and the franchise's ability to attract audiences despite mixed critical reviews. The film's performance may influence future horror film productions and marketing strategies, as studios seek to replicate its success. Additionally, the record-breaking international earnings demonstrate the global appeal of horror films, potentially encouraging more international collaborations and releases.
What's Next?
Given the substantial box office success of The Conjuring: Last Rites, it is likely that additional films in The Conjuring franchise will be developed and released. The franchise's continued profitability suggests that studios will invest in further expanding the series, potentially exploring new storylines or spin-offs. The film's success may also prompt other studios to prioritize horror film projects, aiming to capitalize on the genre's popularity. As the franchise evolves, audiences can expect more paranormal investigations featuring Ed and Lorraine Warren, the central characters of the series.
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