Weekend Box Office: 'Star Wars: The Last Jedi' Crossing $1 Billion Globally

Star Wars: The Last Jedi has earned the top spot at the New Year's Eve weekend box office, earning $52.4 million.

Walt Disney Studios has marketed over $4 billion in ticket sales from the new Star Wars movies. Attendance declined by roughly 4 percent, to 1.26 billion, according to analysts, the lowest total in about two decades, as a string of big-budget films stumbled. Likewise, it does not cover the millions spent on production and marketing. The amount does not include the sales for the Star Wars attractions at its theme parks and movie merchandising.

Celebrities arrive on the red carpet to attend the premiere of "Star Wars: The Last Jedi", held at the Royal Albert Hall in London, England. Horror movies, which do not quite play to the same effect on Netflix and other streaming services, were a particular bright spot for theaters, with films like "It" and "Get Out" becoming cultural sensations. That would push The Last Jedi past Beauty and the Beast ($504 million) to become this year's highest-grossing domestic release.

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Mr. Scott also had a tough time over the weekend with "All the Money in the World" (Sony), a crime drama about the 1973 kidnapping of John Paul Getty III and his grandfather's refusal to pay a $17 million ransom.

Surprisingly, Sony's Jumanji: Welcome to the Jungle has proven to have legs at the box office, just narrowly being beaten out by Star Wars: The Force Awakens. It is pacing 36 percent of ahead of last year's Rogue One: A Star Wars Story. While it's true that The Last Jedi saw a huge dip from its opening to its second weekend, that by no means represents that the film is "in trouble".

Star Wars: The Last Jedi is in cinemas now. If you'd like to contribute, you can always see Star Wars: The Last Jedi, which is in theaters right now.

  • Stacy Houston