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Bong Joon Ho’s sci-fi movie ‘Mickey 17’ opens at No. 1, but profitability is a long way off - MarketWatch

1. Mickey 17 grossed $19.1 million in its opening weekend. 2. The film's production costs are $118 million, affecting profitability. 3. Warner Bros. faces challenges with audience turnout despite positive reviews. 4. IMAX and premium formats accounted for nearly half of the audience. 5. Disney's Captain America remains a strong contender in box office rankings.

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FAQ

Why Bearish?

Mickey 17's high production costs and mediocre box office performance indicate potential losses. Historical examples include films that underperformed despite heavy investment, e.g., 'John Carter'.

How important is it?

Given Warner Bros.' stake in Mickey 17, this film's performance significantly affects investor perceptions and stock value.

Why Short Term?

The immediate box office results could influence investor sentiment regarding WBD. Long-lasting effects depend on further performance and market trends.

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