Urgent.News

What's breaking now, across thousands of outlets.

Culture

‘Verity’ leads tepid box office weekend with $33M debut

The highly anticipated merger between Warner Bros. and Paramount is nearing completion, but Warner Bros.' latest attempt at a blockbuster, "Digger," has flopped. The film, directed by Alejandro G. Iñárritu, opened at No. 2 in North American theaters, trailing behind Amazon MGM's "Verity," which debuted at the top with $32.6 million.

"Digger" stars Tom Cruise and Dakota Johnson, and was critically panned, with a dismal $8 million domestic gross. Cruise's overseas sales were also weak, at $12 million from 74 markets. The film's production budget is estimated at $150 million, with marketing spending another $100 million. This disappointing debut comes as the two studios finalize their merger, set to be completed on Tuesday.

Warner Bros. co-chairs Michael De Luca and Pam Abdy are expected to depart, and massive layoffs are anticipated following the merger.

Written by urgent.news from CityNews's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at seekingalpha.com →

More in Culture

More from Sunday 4 October →