Due to many films postponing their release due to the pandemic, everything is coming out all at once. So within the next month, we are getting The Little Mermaid, Into the Spiderverse, Elemental and The Flash with Rise of the Beasts in the middle of all that. And these films are not only big blockbusters but also all family friendly, making for some tough competition.
Be that as it may, the prediction from
Deadline is a bold one, with an estimated $70 M domestic opening week-end. So that would be just for Canada and the US, and they remind us that these films have made more money in China than domestically so the film could make a bulk of its money overseas.
However, please remember that while China may sell a lot of tickets, the cinemas there retain a much bigger share of the price than in North America (Paramount would get around 40-50% of the ticket sales in NA and less in Asia).
The budget for Rise of the Beasts is estimated to be $200 Million before marketing. So the film would have to make around $500-$600 Million to break even (especially if the bulk of ticket sales comes from overseas). The Last Knight did manage to make 600 Million but Bumblebee did not. Let us know what your predictions are.