The Friday box office numbers spelled doom for the Ratchet & Clank movie and today those fears were realized as the Blockade/Sony/Rainmaker co-production brought in an estimated $4.8 million for the weekend. The film came in seventh place for the weekend, behind fellow animated film Zootopia in its ninth week. With a per theater average of just $1,668, it was also the lowest among new releases.
Unless something miraculous occurs, the film will likely wind up with a final domestic haul under $10 million.
Ratchet & Clank had to contend with a minimal marketing effort from distributor Gramercy, much of its plot being revealed in the recently released game possibly turning away gamers and poor reviews from critics (sitting currently at just 20% on Rotten Tomatoes).
This poor opening makes the upcoming Sly Cooper animated adaption seem destined to fail, as Ratchet & Clank is a decidedly more well known and beloved video game character. It would not be surprising if Sly ends up opening in the minimum amount of theaters it’s contracted to before a swift release on DTV and home video formats. If that does indeed happen, it would likely mark the quick end to Sony’s foray into animated adaptions of its PlayStation icons.
Things aren’t all bad for Ratchet, however, as unlike the bloated budgets of many of its Pixar/Dreamworks brethren, it carried a production cost of only $20 million. Still, taking marketing costs into account, the film will struggle to recoup its losses even on home video.