Box Office: Steven Spielberg’s ‘Disclosure Day’ Heads for 65% Drop in Second Weekend

The box office weekend will be dominated by “Toy Story 5,” which is now reported to have a $275M budget, rather than the previously disclosed $250M — that makes it the most expensive animated film off all time.

The Pixar sequel is looking at around $165M domestic and a cumulative $312M worldwide tally — both franchise records. The “A” CinemaScore, 75% definite recommend on PostTrak, and 95% Popcornmeter on RT will ensure legs over the next few weekends.

Meanwhile, this other major newcomer at the box office, “The Death of Robin Hood,” starring Hugh Jackman and Jodie Comer, is not doing well. The A24 release, playing on more than 1700 screens, will finish eighth with a $2.5M opening weekend. It was always going to be a tough sell: a contemplative take on the mythical outlaw as he fights for salvation after a lifetime of crime.

Now, let’s focus our attention on Steven Spielberg’s original sci-fi feature, “Disclosure Day.”

Spielberg’s film isn’t looking at a strong hold in its second weekend, with current estimates pointing to a decline of around 65%. Then again, THR has projected a steeper 69% drop, but that figure appears somewhat aggressive based on the film’s $4.9M Friday gross.

“Disclosure Day” is expected to earn approximately $16M in its second weekend after debuting to $45M. That would bring its domestic total to roughly $78M by the end of the weekend. Based on its current trajectory, the film should be able to surpass the $100M mark domestically before the end of its theatrical run.

Worldwide, the film has already grossed more than $160M. However, according to Variety, “Disclosure Day” will need to reach around $300M globally in order to break even, meaning it still has significant ground to cover before becoming profitable.

Finally, momentum for “Obsession” is starting to slow ever so slightly. The film is looking to earn $14M in its sixth weekend of release, a 25% drop. That’s still mighty impressive. A $216M domestic total and a $330M+ global tally are expected by Sunday.