Paramount Falls On 'Mission: Impossible' Box Office Miss; Sound Of Freedom Outperforms

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by Tyler Durden
Monday, Jul 17, 2023 - 07:00 PM

Paramount shares fell 3% in premarket trading in New York after Tom Cruise's Mission: Impossible -- Dead Reckoning Part One missed box office projections in its debut weekend across US and Canada, according to Bloomberg. 

Paramount and Skydance spent $290 million on the production of the action movie. However, since its release on July 12, it has only grossed $80 million, falling short of Paramount Pictures' projection of $90 million. Over the weekend, the film's earnings were $56.2 million, missing Boxoffice Pro's forecasted range of $61 million to $75 million in ticket sales from Friday to Sunday. 

Second on the box office list is the anti-child sex trafficking film Sound of Freedom. This film continues to shock the entertainment industry with how well it has done in the 13 days since its release, with near-term projections to break the $100 million mark. 

Meanwhile, progressive mainstream media continues to bash the awareness of child sex trafficking, labeling the movie -- a 'conspiracy theory.' 

Perhaps the corporate press and their buddies at the big studios are pushing disinformation because the film by a small studio continues to outperform major films, such as Disney's latest Indiana Jones.