Last week, Universal was contractually allowed (per its AMC agreement) to make Jordan Peele’s “Nope” available on VOD; Universal waited it out a bit longer than expected, but now they’re set to release it digitally on Friday.
“Nope” made around $2 million this past weekend. Contrast that with “Elvis,” which skyrocketed to #1 on VOD two Sundays ago, but still managed to make close to $3 million at the weekend box-office — it’s now grossed $145 million domestically.
As we speak, “Nope” has grossed $107 million domestically, it won’t reach the $175 million Peele’s first two films nabbed. Nope’s budget is said to be in and around $90 million — in comparison “Us” had a $20 million budget and “Get Out” a measly $4.5 million.
If I were Peele, I’d scale it back a bit with my next film. “Nope” was politely received by critics and audiences, but it wasn’t exceptional either. A studio will likely think twice now before giving Peele a huge budget like this last one.
Coppola lost more than $100M on "Megalopolis," got hammered for it, and he knows the clock is running out for one more film. If "Glimpses of the Moon" is that film, someone needs to write the check soon.