Joker: Folie À Deux is heading to streaming, just weeks after its theatrical release. <br>
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The movie, starring Joaquin Phoenix and Lady Gaga, will be available to <br>
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rent from home starting October 29, in an effort to <br>
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recoup some of Warner Bros. investment into the film, <br>
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as per Variety.<br>
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The musical, which bombed at the box office, is 'poised to lose at least $150 million to $200 million in its theatrical run' according to the publication.<br>
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The movie studio spent about $200 million to produce the film <br>
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and about $100 million on marketing and distribution, according to the report.<br>
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It would need to gross about $450 million at the box office to break even — when factoring in the cut <br>
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taken by theaters — though Warner Bros. sources claim the number is $375 million.<br>
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Joker: Folie À Deux, starring Joaquin Phoenix and Lady Gaga, <br>
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is heading to streaming, just weeks after its theatrical release; Phoenix and Gaga seen in a still<br>
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Read More<br>
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<strong><u>Terrifier 3 dethrones Joker: Folie À Deux as box office <br>
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champ</u></strong><br>
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A Warner Bros. spokesperson responded to the report,<br>
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saying 'Any estimates suggested by anonymous <br>
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"insiders" or "rival executives" are grossly wrong and continues a trend <br>
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where rumor is reported as fact.'<br>
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'The film continues to play in theatrical release, included with this week's opening in China, and will continue to earn revenue throughout its home viewing <br>
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and ancillary run.'<br>
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So far, the musical about Batman's nemesis has grossed $51.5 <br>
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million domestically and $165 million globally after two weeks of release.<br>
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In comparison, the first Joker grossed $96.2 million domestically and $248.4 million globally after three days of release.<br>
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The hotly-anticipated sequel to the 2019 billion dollar <br>
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Oscar-winning film was considered a surefire hit for Warner Bros Pictures, yet ended up being slammed by critics <br>
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and failed to ignite at the box office. <br>
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Joker: Folie À Deux has garnered the lowest CinemaScore in comic <br>
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book movie history as the film bombed at the box office on opening night. <br>
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The psychological musical thriller — which has been criticized as 'bleak' and 'disappointing' — officially <br>
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released in theaters on Friday, October 4.<br>
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Phoenix reprised his role as the Joker in the sequel, which had earned him an Oscar <br>
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for his portrayal in the 2019 film, while Gaga took on the role of Harleen Lee Quinzel (Harley Quinn).<br>
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However, Joker: Folie À Deux has been given a D rating on CinemaScore — <br>
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the lowest score for a comic book movie.<br>
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The movie will be available to rent from home starting October 29, in an effort to recoup some of Warner <br>
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Bros. investment into the film, according to Variety <br>
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The film is 'poised to lose at least $150 million to $200 million in its theatrical <br>
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run' according to the publication<br>
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The sequel to the 2019 billion dollar Oscar-winning film was considered a surefire hit for Warner Bros, yet ended <br>
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up being slammed by critics and failed to ignite at the box office<br>
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Phoenix reprised his role as the Joker in the sequel, which <br>
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had earned him an Oscar for his portrayal in the 2019 film, <br>
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while Gaga took on the role of Harleen Lee Quinzel (Harley Quinn)<br>
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Madame Web — which notably also flopped in theaters earlier this <br>
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year and also received terrible reviews — holds a higher score with a <br>
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C+.<br>
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<u><b>On Rotten Tomatoes, the movie currently holds an audience score of 31% and a <br>
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critic score of 32%.</b></u><br>
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The sequel has been roundly criticized for <br>
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being a musical and 'ignoring' the DC fanbase - with an agent familiar with director <br>
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Todd Phillips' process telling Variety he 'wanted nothing to <br>
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do with DC' during the making of the film, with <br>
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DC bosses James Gunn and Peter Safran notably absent from <br>
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the film's LA premiere afterparty last month. <br>
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A source said: 'If the first movie was about some down-on-his-luck, mentally ill guy <br>
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in a downtrodden city, it makes maybe $150 [million] worldwide.<br>
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Not a billion. People showed up because that guy was Joker.'<br>
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In an apparent snub by Phillips, the opening sequence of the <br>
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film does not include a DC Studios logo.<br>
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A Warner spokesman added that a DC logo appears at the end of <br>
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the Joker sequel, while Phillips declined to comment to the publication.<br>
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Several frictions are said to have developed <br>
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between Phillips, DC and Warner- with claims that Michael DeLuca, Chairperson of Warner Bros.<br>
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Entertainment, and CEO Pamela Abdy seemed 'unwilling' to say no to Phillips due to his huge past <br>
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successes.<br>
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It is claimed Phillips would 'only' speak <br>
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with DeLuca and Abdy rather than Gunn and Safran - who took control of DC two months before production began on Joker 2 in December <br>
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2022.<br>
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Gunn and Safran did attend the first director's cut screening for the studio but Phillips fueled rift speculation when he told a reporter:<br>
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'With all due respect to them, this is kind of a Warner Bros.<br>
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movie.'<br>
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Warner Bros. Discovery CEO David Zaslav also met <br>
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with Phillips shortly after WarnerMedia and Discovery merged in April 2022 <br>
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and was 'open to filming in Los Angeles if the director would make the sequel at a lower price point.'<br>
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<i><u>The studio wanted to film in London which would <br>
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have cost around 20 per cent less.</u></i><br>
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A source directly involved with the film recently shared: <br>
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'The one thing about genre stuff: If you don't listen and <br>
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pay attention to what the fan expectations are, you're going to fail'; director Todd Phillips <br>
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seen with Gaga and Phoenix at the LA premiere September <br>
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<u><b>However, Phillips insisted on filming in LA with <br>
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the budget remaining static.</b></u><br>
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<b>A Warner spokesman told the publication the studio 'supported the decision to film in Los Angeles'.</b><br>
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A source directly involved with the film said: 'No one could get through to Todd.<br>
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And the one thing about genre stuff: If you don't listen and <br>
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pay attention to what the fan expectations are, you're going <br>
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to fail.<br>
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Insiders also claim studio bosses did not want to premiere the film at the Venice Film Festival, but Phillips pushed back - with a Warner spokesman saying the studio 'fully supported the decision to bring the film to Venice. <br>
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Along with Gaga and Phoenix, other stars that had appeared in the sequel include Brendan Gleeson, Catherine Keener, Zazie Beatz and Steve Coogan. <br>
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Joker: Folie À Deux is