The Absolute Collapse of Star Wars Box Office

Odin is a member of the Friday Night Tights crew, and he is a movie reviewer who focuses heavily on the financial aspects of the movie industry. And I love the numbers and the statistics. He also writes for Geeks + Gamers. It’s Official: Independent Films Backrooms and Obsession Embarrass Disney’s Mandalorian and Grogu – Box Office Breakdown

He took aim at the box office numbers Sunday afternoon, as he often (usually? always?) does.

Just when you thought that the movie business had lost any sense of intrigue or surprise, two independent films made by YouTubers blasted their way to the top of the box office discussion. For the last few weeks, the horror film Obsession has been doing things I haven't seen since I started covering the box office back in 2018. Not only did it make 39% more in its second weekend than its first without any massive change in theater counts, but it has now increased again, making another 10% gain, according to current weekend #3 estimates.

There has been much written and recorded about the implosion of Star Wars: The Mandalorian and Grogu at the box office. It has been beaten by two independent horror films. Backrooms had a budget of about $10 million, and came in at #1 in its first week in release. Obsession had a budget of about $1 million and came in at #2 in its second week in release.

Compare those numbers to the current Star Wars movie, that had a budget in the 100s of millions of dollars, came in at #3 in its second week in review.

This is the OMB Reviews video Backrooms and Obsession Just Destroyed the Hollywood Machine

Odin is not the only person covering this. Here is the Midnight's Edge video Star Wars The Mandalorian and Grogu is Dead, Kathleen Kennedy the Culprit

If you are interested in looking at the raw numbers, see The Numbers.