Dune: Part Two" secures its place as 2024's box office titan

"Dune: Part Two" is currently the biggest box office hit of 2024. The movie is on the verge of hitting the target required for another installment to be green-lit.

The global premiere of "Dune: Part Two" occurred on 1 March. During its opening weekend, it garnered £145 million worldwide, nearly matching its budget of £155 million. After three weeks in cinemas, Denis Villeneuve's masterpiece has made a staggering £403 million, which includes £169 million from North America and £235 million from other parts of the world. By Monday, the film is expected to exceed half a billion dollars in earnings, marking a milestone few films have reached in the post-pandemic era.

This work currently stands as the most financially successful film of the year. Outside the United States and Canada, "Dune: Part Two" is most popular in China (£29 million), the United Kingdom (£27 million), Germany (£20 million), France (£20 million), and Australia (£13 million). Stellar reviews and interest in premium formats have kept ticket sales robust. Just last weekend, the movie surpassed £81 million from Imax screens alone, becoming the seventh film to reach this milestone so swiftly.

It's critical to underline the necessity for "Dune: Part Two" to turn a profit given the substantial investment it required. The production had a budget of £155 million, with an additional £81 million for promotion. It was estimated that the film needed to generate half a billion dollars in profit to break even. Thus, it will soon begin to generate profits on its own, making a third installment in the series a strong possibility, much to the delight of fans concerned about its future.

The First "Dune" - the uncertainty of what was next

Let's remember that the premiere of the first "Dune" happened during a challenging time for cinemas amidst the coronavirus pandemic. After extensive lockdowns, cinemas reopened only to see audience numbers at 20-30% of pre-pandemic levels at the time of Villeneuve's film's release. Hollywood productions, especially those targeting older audiences, struggled to make an impact on the big screen, with many waiting for titles to arrive on streaming platforms.

"Dune" premiered in September 2021. As a high-budget production (costing £134 million), it carried significant financial risk. The adaptation of Frank Herbert's novel was one of the rare films during the pandemic to attract older cinema-goers. Globally, "Dune" earned £353 million.

However, there was no immediate talk of a smashing success. Consequently, there were apprehensions that the second part might not sell well enough to secure the franchise's future. Ultimately, the impressive cast (Timothee Chalamet, Josh Brolin, Austin Butler, Javier Bardem, Zendaya) and the film's extraordinary visual appeal proved sufficient to draw audiences.

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