Oscars 2015: Major Contenders, Such as 'Steve Jobs,' 'Room' Flopping At Box Office
As Oscar season heats up, many contenders continue to see box office disappointments.
This week alone three Oscar contenders flopped, putting their awards prospects in jeopardy. That is because the Academy awards are as a much a popularity contest as they are about awarding the best of the year. Most Best Picture winners have grossed more than $100 million with exception of some, including the past two winners "Birdman" and "12 Years a Slave." However, both those movies were financial successes.
This weekend "Steve Jobs" hit rock bottom as it was down 63 percent from its disappointing wide opening. The film has only grossed $14 million in its four weekends and now it looks to end its run with less than $20 million. "Steve Jobs" was considered a front runner at one point in the race but with its lackluster performance, the film will now struggle. The movie, however, has great reviews so if Universal is able to mount a big campaign then the film could rebound. However, Best Picture seems like a long shot at the moment.
If "Jobs" is in trouble, both "Burnt" and "Our Brand is Crisis" could likely get overlooked completely. Both films received terrible reviews even if the performances by Bradley Cooper and Sandra Bullock were praised. The films also flopped on the worst weekend of the year. "Burnt" made $5 million while "Our Brand Is Crisis" grossed $3 million. With so much competition coming up, these films can say goodbye to their Oscar chances.
"Truth" also opened nationwide and only made $1 million. While reviews are strong for Cate Blanchett, the actress already has another film on the way and Sony Pictures is unlikely to put much more behind this film especially with "Spotlight" coming out next weekend and with Best Picture buzz low on "Truth."
"Suffragette" is also in trouble. The film received good reviews but its limited run has been a mixed bag and it has not been able to reach its target audience. Focus hopes it can get Carey Mulligan her second Oscar nomination but it will be tough if the film flops nationwide as the Best Actress category is filled with contenders this year.
The news is not any better for A24's "Room" as the movie has yet to break out and has struggled in limited release. While it does not expand nationwide until November, it likely can be overlooked with such a jam-packed schedule. This will potentially hurt the Best Picture aspirations especially since A24 is new to the Oscar campaigning.
These flops are not the first this season. "Freeheld" was considered an Oscar contender before faltering at the festival circuit and later flopping theatrically. "The Walk" and "Everest" also underperformed even though reviews were strong. Both films have since left the Oscar radar.
But all is not bad news as "Bridge of Spies," "Sicario" and "The Martian" have all received rave reviews and have performed well at the box office. All three movies, which were not big Oscar contenders when they arrived in theaters, could gain more traction after such great results.
It's also great news for films that have yet to be screened and which don't have much buzz. The season is only getting more crowded and many films including "Joy," "The Hateful Eight," "In the Heart of the Sea" and "By the Sea" have yet to be seen.
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