’47 Ronin’ to become one of 2013’s biggest flops

Keanu Reeves film scores worst opening weekend for big-budget blockbuster

Keanu Reeves’ samurai action film 47 Ronin has become one of the worst box office flops of the year, taking just $3.4million (£2.06m) at the US box office on its opening weekend.

On top of that, the film also opened in 13 other territories and took just $10million (£6.06m), while it is projected to become the worst-peforming film of the year with a budget of $150million or more. Variety also reports that Universal Pictures, who produced the film, have taken the unusual step of writing down some of 47 Ronin’s $175million cost prior to the current financial quarter to spread the loss.

Despite a poor performance in the US and an even worse one in Japan, the film finished top of the box office pile in Malaysia, Singapore, Thailand and Taiwan openings. In a statement, Universal Pictures said: “Universal Pictures regularly evaluates its film slate for potential adjustment. In the case of 47 Ronin, we adjusted film costs in previous quarters and as a result our financial performance will not be negatively impacted this quarter by its theatrical performance.”

Making up for the dismal figures, the studio saw strong performances this year from Fast And Furious 6 and Despicable Me 2 and finished third in 2013’s overall US box office with more than $1.4 billion in gross profit, trailing just Warner Bros and Disney. The latter also had their fair share of losses too, writing down some of the The Lone Ranger’s estimated $200 million losses.