The Odyssey opens with $17.6M in previews, targets $200M global weekend

Industry
โดย Seeking Alpha·Read original
Summary · why it matters

Christopher Nolan's The Odyssey earned $17.6 million in domestic previews, the highest of any film this year, and is projected to open to $90 million to $100 million domestically and $200 million globally this weekend. The 172-minute epic, made on a $250 million budget and filmed entirely with IMAX cameras in 70 mm, holds a 96% Rotten Tomatoes score and is expected to surpass Nolan's previous box-office record set by Oppenheimer. The strong early performance is seen as a positive catalyst for Universal Pictures and IMAX.

Impact on stocks 3

Communication Services▲ · 2 stocks
Imax Corp
IMAX
▲ PositiveDemandrelevance

Film shot entirely with IMAX cameras and strong early performance drives demand for IMAX screenings.

IMAX China Holding Inc
1970
▲ PositiveDemandrelevance

Global box office success of The Odyssey may boost IMAX China's results, though China-specific data not given.

Cloud & Digital Infrastructure▲ · 1 stocks
Comcast Corp
CMCSA
▲ PositiveDemandrelevance

Strong box office for The Odyssey benefits Universal Pictures, a subsidiary of Comcast.

Off-coverage companies 1

Universal PicturesPrivate▲ Positive
Demandrelevance

Universal Pictures is the distributor of The Odyssey, which is projected for a $200M global opening weekend.

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