The 2026 Summer Box Office Winners, Losers, and Head-Scratchers

4 Sep 2026 · 50 min · 16 chapters

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In short

A “summer movie confidence scale” accountability episode revisiting how accurately the hosts and guest Scott Mendelsohn predicted 2026 summer box office outcomes (winners, losers, and head-scratchers), using domestic/worldwide grosses and franchise expectations.

Guest backgrounds

Scott Mendelsohn is a box office expert and writer for Puck, with his own Substack and podcasting work.

Key claims

The summer domestic box office finished 9.4% above pre-pandemic average and 26.6% above last year; attendance was 323M tickets (+23%). Several big flops still produced enough theater revenue to keep the ecosystem afloat. The biggest misses came from overconfidence in franchise “event” marketing (e.g., Star Wars, DC, animated sequels).

Notable examples

Devil Wears Prada 2 overperformed; Mortal Kombat 2 underperformed internationally; Mandalorian and Grogu was the lowest-grossing Star Wars film; Masters of the Universe flopped; Supergirl was a major bomb; Minions and Monsters disappointed versus prior Minions; Moana underperformed; The Odyssey overperformed to ~$1.5B; Spider-Man Brand New Day exceeded expectations; The End of Oak Street underperformed relative to marketing.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Accountability on Summer Movie Predictions

3:35 to 6:15

Matthew and Scott revisit their predictions for summer movies and analyze their performance.

“Okay, we are here with Scott Mendelsohn, box office guru, writer for Puck, writer for his own substack, podcaster galore.”

Discussion of Individual Movie Performances

6:15 to 8:10

In-depth analysis of specific movies' box office results and confidence rankings.

“I had this one as a seven on the confidence scale.”

Summer Movie Flops and Successes

8:10 to 13:20

The hosts discuss the biggest flops and successes of the summer movie season.

“So I actually had this as a three, even though I have it in the box office draft.”

Paramount's Strategy and Future Prospects

13:20 to 14:00

Exploration of Paramount's movie strategy and the future of box office films.

“This is called a Paramount blockbuster because Paramount is the king of the singles and doubles.”

Summer Movie Dynamics and Profit Margins

14:00 to 16:40

Discusses the profitability of summer movies and shifts in audience expectations.

“usually outside of the summer, but this one they put in summer, and they do fine.”

Analyzing Spielberg's Latest Film Performance

16:40 to 20:00

Reflects on Spielberg's recent movie performance and its implications for his career.

“Craig liked it more than I did, but listen, my opinion doesn't matter.”

Toy Story 5's Box Office Expectations

20:00 to 23:20

Evaluates the box office performance of Toy Story 5 and its reception among critics and audiences.

“And I thought that film worked out just fine.”

The Fallout of Supergirl's Performance

23:20 to 26:40

Discusses the disappointing box office results of Supergirl and its impact on the DC franchise.

“Even if it does work, what does it prove other than, yes, a low budget horror film can work?”

Minions and Monsters: A Franchise Discussion

26:40 to 28:00

Analyzes the performance of Minions and Monsters and its implications for the franchise's future.

“This is what you let the filmmakers do to keep their artistic juices flowing and keep them happy as a thank you for these other films making a jillion dollars.”

The Moana Discussion: Expectations vs. Reality

28:00 to 34:26

Explore the performance and reception of 'Moana 2', including insights about cast and direction.

“Yeah, and too soon, Moana 2 was a couple years ago, and I don't think any regular audience hated it, but I don't think they gave a bunch of a thought beyond, we saw that once, it was fine, let's move on with their lives.”
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The Moana Discussion: Expectations vs. Reality

34:29 to 35:26

Explore the performance and reception of 'Moana 2', including insights about cast and direction.

“In Disney World Builders, Academy Award and Emmy-nominated filmmaker Leslie Iwerks takes audiences inside the creative journeys of some of Disney's most influential storytellers.”

Analyzing 'The Odyssey' Box Office Success

35:59 to 42:02

Delve into the performance of 'The Odyssey' and its impact on the summer box office landscape.

“This one is fascinating because I had it as a nine on the confidence scale.”

The Unique Appeal of Spider-Man

42:02 to 43:45

Explore why Spider-Man remains a standout in the superhero genre.

“So Spider-Man is Spider-Man is Spider-Man.”

Box Office Predictions for Avengers Doomsday

43:45 to 45:50

Discussion of box office expectations for the upcoming Avengers film.

“I can't imagine it doesn't do 1.5 in a walk.”

The End of Oak Street: A Missed Opportunity?

45:50 to 47:59

Analyzing the performance and potential of The End of Oak Street.

“I think given the Warner's marketing campaign, they wanted more out of this.”

Summer Box Office Wrap-Up

47:59 to 50:51

Recap of the summer box office and personal predictions outcomes.

“Craig, can you tally up the score here and who won the summer, Scott or me?”
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Transcript

Automatic transcript. May contain errors.

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1:22When every second counts, count on ADT. Visit ADT.com to learn more. It is Friday, September 4th. Happy Labor Day weekend, the end of summer. It's been pretty amazing this season for movies and theaters. The domestic summer box office, that's May 1st through this past weekend. It finished 9.4 % ahead of the pre-pandemic average. According to Franchise Re, that's not adjusted for inflation. and 26.6 % ahead of last year. Year-to-date gross is now down just 7.2 % from the pre-pandemic levels and up over 20 % from last year. Yes, like I said, inflation, but still a pretty remarkable comeback. If we look at just attendance, that's butts in seats.

2:09That number was 323 million tickets sold for the summer as of August 23rd. That's up 23 % over last summer, according to Intelligence. tracking firm. Again, that's domestic. The international totals aren't in yet because movies have different release dates worldwide. We know the breakouts. Spider-Man Brand New Day is going to get to$2.5 billion worldwide, probably. The Odyssey is at$1.5 billion and just extended its 70mm IMAX run to the end of September. But the overall numbers are even more remarkable given that there were a bunch of flops this summer. Moana, Masters of the Universe, Supergirl, Mandalorian, and Grogu, all big money losers, at least for the studios.

2:51So if you remember, at the beginning of the summer, I had Scott Mendelsohn on. He's our box office expert, and we ranked the big 13 movies on the confidence scale, meaning how confident we were that the movie would deliver on the expectations. 1 through 13, 13 being the most confident. So today, in the spirit of accountability, no matter how bad it makes us look, We are revisiting that list and seeing how we did. Whose confidence or lack thereof was justified? And who got it completely wrong? Today, it's the summer movie confidence scale accountability episode from The Ringer and Puck. I'm Matt Bellany, and this is The Town.

3:35Okay, we are here with Scott Mendelsohn, box office guru, writer for Puck, writer for his own substack, podcaster galore. Welcome back, Scott. Always a pleasure. Thank you very much for having me. All right, Scott, I want to get right into this today because we're doing accountability. We're not going to blame our publicists here. We're not going to fire our head of marketing if we're wrong. We're going to go one by one, starting with the release dates of these movies, and we're going to see who ranked it where on the confidence scale, and we're going to anoint a winner and a loser for each movie.

4:07Craig will keep score and then tell us at the end who is the winner and loser of the summer. Let's go right into the first movie of the summer. We're not counting Michael. Michael came out in April. Devil Wears Prada 2. I ranked this movie a 10 on the confidence scale. Pretty confident. You ranked it a 12 on the confidence scale. It ended up doing 220 million domestic, 692 million worldwide. Pretty big hit here. Disney treated this movie like a blockbuster and it ended up being a blockbuster. Unless I missed one and I tried to find as many as I could. This is, sans inflation, globally, Devil Wears Part 2 was the biggest grossing live action just a comedy ever.

4:53You can't say that though, because it's a sequel, it's a fashion celebration. It's a lot of things other than just a comedy. It's a fashion celebration? What does that mean? It is a fashion celebration, Craig. Like Sex and the City is a kind of celebration event for people who love that those those that show in this movie that is true but in terms of raw genre it is a comedy it is intended to make laughs and you know again it's not an action movie like deadpool or a cartoon like super mario brothers or even a horror comedy like scream in terms of this is just a comedy a genre that's been on the ropes for about a decade and again we can discuss the reasons why this would play better than say joyride which i quite liked.

5:40Oh, but this movie had Meryl Streep and Anne Hathaway and Emily Blunt. And the first one did well in 20 years of nostalgia. Yes. It's hard to categorize this movie as a comedy. Well, I'm categorizing it as a live-action comedy. Okay. Alright. Good for you. So you win because you had it as a 12 and it far overperformed and I will give you this one. You were more confident on this one than I was. 10 to 12, I would argue, is a margin of error for both of us. It's not like either of us thought it was going to flop. Take the W here because we're about to get to Mortal Kombat 2. I had this one as a seven on the confidence scale.

6:19So exactly in the middle of the scale. I thought it would absolutely just meet expectations. You were less confident. You had it as a four on the confidence scale. Ended up doing 80 million domestic, 129 million worldwide. Not great. I should have been less confident on this one. And by that, I mean, well, no, no. This has nothing to do with the movies, good or bad. The films that got sequels from Project Popcorn, Doom 2, Godzilla Kong, Conjuring 4, they did much better domestically than their predecessors. So there was a price to be paid by Project Popcorn. However, internationally, with the exception of The Conjuring, most of them didn't jump that much better internationally compared to their respective predecessors.

7:06So using that as the formula, I should not have expected Mortal Kombat 2 to jump that much more outside of North America than the first one. And that's exactly what happened. It doubled domestically, but it barely moved the needle overseas, which on an 85 budget wasn't enough. So Mortal Kombat 3, not happening. Not unless they stop effing around and give us babalities and friendships. What does babalities mean? Do I even want to know? You know what a fatality is, right? When you play a bunch of buttons and you kill somebody in a gruesome fashion. sure you can in the third they started this in the third game where you can do a combo that like gives like this friendship you basically you become a friend with your enemy and it's very old at the top and goofy and there's another one where you turn them into a baby oh baby i thought it was like a like a attractive woman fatality no no no no no the other baby okay the less problematic one so now that's better all right so so you in mortal kombat also because you were less confident than I was, and it underperformed expectations.

8:09So two to nothing. It's two to nothing you so far. Craig, are you keeping score here? Of course. Okay, great. Next, Mandalorian and Grogu. Oof, man. So I actually had this as a three, even though I have it in the box office draft. Don't ask me why I picked this movie in the box office draft, but I did. I had it as a three on the confidence scale. You had it as a seven. You thought it would meet expectations. I thought it would underperform expectations. Ended up doing 177 domestic, 345 worldwide. Lowest grossing Star Wars movie ever. I blame Disney for showing us the prologue at CinemaCon, which was the first 15 minutes of this movie are awesome.

8:58The rest of the movie, I think, is fine, but fine wasn't enough. So I was unduly influenced by the razzle-dazzle intended to make me more confident. So they did their job. Well done, Disney. Yeah, you know, listen, I think Favreau did a nice job making this movie. The error, I think I've said this before, is it felt episodic. It felt like a souped up, smashed together two episodes of the TV show, which is not enough when you're trying to elevate a TV franchise into a cinematic movie. It had to do something different. The characters had to evolve. There had to be something new. And there wasn't.

9:36There were some new characters. There was a buffed up Jabba the Hutt sibling or relative. But it just wasn't enough. Who, by the way, is not like his father. But he's misunderstood. And he just wants to live his own life. Yes. And it's funny because I convinced my 11-year-old to come with me to the press screening to this, mostly as demographic research. I bribed him with a trip to that Chocolate Emporium next to Universal City Walk So Oh, at my favorite mall in City Walk Yes, and the first thing he said when the movie came up Was like, I don't even like Star Wars, but I really enjoyed that And that's great That's the kind of word of mouth that theoretically Disney wants But he never would have seen it If I hadn't dragged him along Yeah, listen, my 10 year old liked it And asked me when it's coming to Disney Plus So it'll probably be very big On the service, but not enough To get it to the theatrical numbers they wanted so since i was less confident on this one i'm going to take the w two to one let's move on to what is going to be a tie both of us masters of the universe the he-man movie both of us had this as our one the let least confident of all the summer movies and lo and behold 64 million domestic,$113 million worldwide, sad trombone, flop of the summer, right?

11:00God, yes. And I'm sorry, Prime Video doesn't count. Oh, I know. It's doing great on Prime Video. A shocker, you know,$200 million movie that got a huge marketing campaign is doing well on Prime Video. And again, I don't want to, you know, again, if they're selling ads and making money from it, awesome, wonderful. As someone who liked the movie more than I expected to, I was actually sad that it, you know everything we expected came true that being said i mean you can't have it both ways so you want to be treated as a legitimate theatrical distributor in the marketplace you have to play by the same rules as everybody else we can go on how much mandalorian is going to make on disney plus via viewing but we don't we go by what it did in theaters so same standard for masters of the universe in terms of conventional wisdom versus what actually makes money um mandal or Master of the Universe made less money worldwide than both the sheep detectives and the drama from early April.

12:00Both of which cost a lot less. Yes. Listen, I know. I mean, just bad product market fit from the beginning. This movie is geared... He-Man matters to guys our age, doesn't matter to young people, and there was nothing in it for them. I've been warning them for 15 years, but you know. So Masters of the Universe 2, not happening. Unless they send it. I mean, I guess, theoretically, if they sell like a gajillion ads on Prime Video that they can like tie into specifically this movie, I don't know how that works. Maybe they'll take the Warner Brothers' wrong lesson and do a She-Ra movie. Well, that's the thing is like, it's genuine.

12:37Okay, the movie's been out, so this isn't a spoiler. It was genuinely cruel, I would argue, to tease a She-Ra movie that you know was never going to happen. Oh, they tease it in the movie? Post-credits. ah well you never know when you're making the movie you hope it's going to be a hit and everyone's going to cheer for a shira movie i actually said that as a joke i didn't know that there was a tease for that well whether it was a joke or not i mean there are people that are like oh boy what i really wanted was a shira movie and we'll get that one next time don't worry it's like you know again don't wait for the sequel to give people the movie they wanted the first time you don't make a gem in the holograms movie and say don't worry the misfits will be there next time because there won't be a next time all right enough enough said about masters of the universe we're done scary movie six another tie you and i both had this movie at an 11 we thought it would perform above expectations and it got to domestic 108 million worldwide 232 not bad oh yeah it's it's i don't want to say it's a no-brainer but yeah it did the job that's what i'm going to start a new genre of movie.

13:45This is called a Paramount blockbuster because Paramount is the king of the singles and doubles. They don't have any big billion-dollar franchises, but they have these small pre-branded IP movies that come out, usually outside of the summer, but this one they put in summer, and they do fine. They're profitable. They do fine on the service. They're not going to change the narrative, but if you're David Ellison and you say you're going to put 30 movies a year in theaters, these are the movies that we're talking about these scary movie six type movies and of course in the olden days before everything became ip and nothing but ip this was just a movie and this was to be you know this is you know let alone a single this would be like a triple because you have like a what a 40 million dollar movie that's going to make 230 worldwide that's amazing that's drowning in profits more or less i'd rather have the odyssey to be honest but whatever well most people would yeah but i think david to be fair i think david ellison would also they just don't have the ip and they don't have the filmmaker relationships like that yeah you know again if you if you're always trying for the odyssey even when you get the odyssey all it's going to do is cover up for or account for the failed odysseys yeah i'm sure we'll see those too can't wait until paramount makes the iliad with uh you know with pete berg chris hebsworth chris hebsworth yeah all right uh let's move on to disclosure day man okay i had this one as a four on the confidence scale you had it even less confident as a three so both of us saw the signs there of nerves that were bundling up.

15:31Domestic, it got to$116. Worldwide, $241. Not enough. They wanted this movie to do at least$300. I think it's a ding for Spielberg. I don't think automatically he is a summer movie director anymore, especially on an original story. And it's sad, but it's true. You say this movie will be fine. Probably. It'll probably be okay. But they put a full freight marketing campaign behind this. They're probably going to do an awards campaign, at least for Emily Blunt, and didn't get there. It ended up being kind of what the temples pay for, so to speak. But that's not what you want out of Steven Spielberg.

16:13You want him to pay for the other stuff. That being said, without getting sidetracked into the horror breakouts that came out around the same time, at the end of the day in 1975, foul play wasn't making as much as Joss, and that's okay. Yeah. All right. You're a Spielberg defender. So am I. He gets a pass. I don't know why, but he does. And it was a better movie than The Dog Stars. It was, but I think they were pumping it up and saying it's Spielberg back in Spielberg form. Craig liked it more than I did, but listen, my opinion doesn't matter. But that movie had a lot of problems. He hasn't made a great movie since The Fablemans last time.

16:51Well, The Fablemans was his last movie. Exactly. I mean, it's... Okay, whatever. But he hasn't made a huge hit since Ready Player One. And even that one got to like high sixes. Yes, and that was a saved by China situation. I say that as someone who likes the movie. But anyway. All right. So because you were less confident than me, you win that one. So it's three wins for you, one win for me, and two ties. Is that right, Craig? Correct. Okay. So let's move on to Toy Story 5. I was very confident in this movie I've been confident all year I picked it as my number one draft pick in the draft I had this as a 13 my most confident of all the movies you were less confident you had it as a 10 ultimately it did 479 domestic 1.14 worldwide so a little bit more than the others but not quite what I thought it would do I thought this would turn into Inside Out 2, and it's pretty much right around where the other Toy Story's got.

18:00And again, it's a huge friggin' hit. And the fact that, you know, again, these rankings matter. The only reason I said 10 is that we might end up in a situation where, like, you know, they'd have to explain why it only did a billion dollars. And I think the simple version of that is that it was the fifth Toy Story, not the second Inside Out or the second Zootopia. And that's okay, because it's a good movie. Frankly, I think it was better than I was expecting because in Pixar we trust. But it was good. It felt like the same but different. The iPad thing was ingenious. The fact that it focused on Jesse and the girl better than just doing another Woody and Buzz retread.

18:40So, yeah. But the question is, did this movie meet or exceed expectations? I would say it met my expectations. well but all the other toy stories other than the first one way back when have grown and grown and grown and this one grew a little so you think it exceeded expectations I think it met my expectations but I was not expecting another Inside Out 2 I am going to be gracious here and I'm going to give Scott the win because I should not have picked this as my most confident movie if it is not going to exceed expectations by a large margin, and it did not. Fair enough. All right, so let's move on.

19:21Supergirl. By the way, Toy Story 6, of course. I'm sure it'll be announced very soon. They will probably wait nearly a decade. And frankly, at this point, that's a strategy with Disney. And I think it's a good one, where you have these sequels that take long enough that become generational nostalgia, where it's either somebody's first Toy Story, or it's somebody's first Toy Story in a theater. Yeah, this was exactly that. actually that's not true my kids saw Toy Story 4 in theaters but he was very pumped for it because it hasn't been out in a while I mean that's we'll get to that but that's it that's it that was another issue this summer so let's move on to your favorite movie this summer Supergirl so I had this as a two on the confidence scale was not confident at all that CinemaCon presentation was a disaster and I just it smelled bad from there you had it as a five you thought it would almost meet expectations this movie did 72 million domestic 126 worldwide big bomb second biggest bomb of the summer no third biggest bomb of the summer well we can debate that um yeah i mean it's it's i don't want to pick on it while it's down but to the extent that i was slightly more bullish than you i i didn't care much for the cinema con presentation of Superman the previous year.

20:44And I thought that film worked out just fine. That's true. Note to Warner Brothers, don't just bring out the star and have an awkward interview for 15 minutes. Have a plan. Like, say something interesting. Do a tap dance. Do something. To be fair, I do think, and I say this with absolute sympathy because she's not responsible for the mad world we live in. I do think Millie Ellicott was like, she knew full well that anything she said other than it was great to be here james gunn is wonderful i can't wait for you all to see it was going to you know get dissected and nitpicked by the troll industrial complex but whatever okay but don't admit that the dog is cgi true do it like milo and otis all right we don't have to get we don't have to revisit that but so on this one it's an interesting one because now next summer we have man of tomorrow another superman movie so do you think that it's going to be downward spiral from here or do you think the fact that it's james gun directing it's the cast that you liked it's people the the people will forget about supergirl and then say oh this is a sequel to the superman movie that i liked i think more to the latter though I do wonder if the extent to which Man of Tomorrow could have been a breakout sequel is slightly dampened by this but being fair, if you like Millie Alcott as Supergirl she is going to be in the movie and she won't be burdened by the movie it's like, you know, Hulk is awesome when he's not in a Hulk movie I'm going to go out on a limb here and say that she will not be featured prominently in the marketing I would disagree just because I think well, yeah, because that's part of the fun I think it'll be Superman and Lois and Jimmy Olsen and the people, the characters from the Superman movie that you liked and I think you'll also have Aaron Pierre because I think he's going to, I think he's in it yeah, I think they will load this up with his, you know, I'm not going to see it at the cameo fest, but I do think the other superheroes that are there will be a part of the marketing without getting into the weeds here, I do think it's ironic I guess that like, the next big movie of this DC revitalization is not entirely unlike what Batman v Superman tried to do, where they like introduced everybody on the second sequel.

23:08Well, no, but they also have Clayface this fall, which is a standalone kind of horror oriented DC movie, which I don't know that could work. So maybe the stink will be off DC by next summer. Even if it does work, what does it prove other than, yes, a low budget horror film can work? Okay. Lower budget, but it's branded horror. Yeah. I was less confident on that one. So I take the W on that one, Craig. Don't worry. I'm charting it. I can give the score at the end. Yeah, you give the score at the end. Okay. Suspense. The suspense is already building. Minions and monsters. This is a tough one because I had this one in the draft and I don't know what happened here.

23:49I thought it was funny. I thought it was different, but the same. I had this as an eight on the confidence scale. So I thought it would exactly meet expectations and do exactly what the other Minions movies had done. You were even more confident. You had this as a 13. You were the most confident of all the movies about Minions. And sad trombone again. Gosh darn, anthropomorphic little yellow Tylenol capsules. They let me down. Yes, 513 million worldwide, which for any other animated movie would be fine. but because the Minions movies had done eight, 900 million, this is a huge disappointment. It is, yes.

24:36It's a disappointment in relation to expectations, but it's still six times the budget and it's going to make a gajillion dollars in post theatrical. Yeah, it's fine, profitable, but we're not going based on budget to gross. We're going on expectations. Universal thought this was the no-brainer of the summer. they were worried about Disclosure Day they thought Odyssey would do fine but they didn't think it would do 1.5 and then they're like yeah we don't have to worry about Minions so did they just put this movie too close to the previous one? I think to a certain extent yes I also think it was the first one in a while that to general audiences felt like oh just another one of these but I also think ironically the very thing that made it a critical darling which was the 1920s Hollywood stuff you know that's not exactly catnip for general audiences that aren't in the bubble or children like my kid didn't get that stuff my my he didn't he didn't understand that but it shouldn't have mattered because it was still the minions doing crazy shit so that should have been enough and i think again to you know quote unquote too soon it was just another minions movie that being said i I mean, again, I'm guessing here, but when we get another one, it'll be July 2029, maybe.

25:53And it'll probably be a Despicable Me 5. And it'll be the first time we've seen Gru since in five years. So that will help. So you think that the franchise is not diminished here? I think the franchise is diminished. I think the expectations are recalibrated for these movies. Well, and here's the question. We may never know the answer to this. if you recall despicable me 3 only did 264 million dollars in north america in the summer of 2017 i did not recall that but that's why you are you and because it kicked ass in china it was the only movie of that summer to cross a billion dollars but i always wondered at the time was that the start of the franchise becoming less of a big deal in north america which eventually will be followed by overseas but i do think in a weird way the covid related delay and the generational coronation behind minions the rise of grew may have prevented what otherwise would have been a further downturn for the franchise and then when the spickle me four came out to two years later that was the first time we had seen grew in adult form in seven years so it was almost like a disney style legacy sequel kind of thing so i do think there has to be a give and take in terms of keeping the franchise around because you want to have these in the pipeline versus waiting long enough so it still feels like an event yeah that's the real challenge here yeah and again if you're not spending more than 100 million you can afford to roll the dice i will say one very nice thing about this which if you want to be optimistic you could argue that minions and monsters which is about 1920s Hollywood, which you could argue was somewhat inside baseball, that could be the artistic reward for the previous film's commercial success.

27:41This is what you let the filmmakers do to keep their artistic juices flowing and keep them happy as a thank you for these other films making a jillion dollars. Yeah. Or if you're Chris Melodandre, you blame Universal for wanting it too soon and say, leave me alone. Let me do these movies on my own timeline and they'll come out when they come out i hope he's a bigger person than that but who knows no i'm sure he is i i i think the franchise is diminished because of this but they will plow through it they will do another despicable me and hopefully it will be fine i mean you know fortunately mario 2 did a billion dollars so whatever yeah i don't know they're they listen universal summer is fine yeah they they vastly overperformed on odyssey which we will get to so let's move on so this one you were most confident i was not so i win on minions versus monster minions and monsters next moana whoo man this one not great i was a five on the confidence scale you were a six ultimately it did $126 ,000 domestic,$315 ,000 worldwide, budget$250 ,000 plus, not great.

28:58Yeah, and too soon, Moana 2 was a couple years ago, and I don't think any regular audience hated it, but I don't think they gave a bunch of a thought beyond, we saw that once, it was fine, let's move on with their lives. I think the most interesting thing about it was Dwayne Johnson's performance as Maui, which was not unlike the work he did in the smashing machine which was basically a metaphor for the actor coming to terms with the fact that 2026 Dwayne Johnson is not as big of a deal as 2016 Dwayne Johnson in a metatational sense that was actually why I liked the movie I thought it was kind of interesting but the problem with this movie is that it just didn't feel new or different no felt the same and they didn't hire a director with any kind of like different vision It was Tommy Kale, who was he's a TV and Broadway guy and worked on Hamilton.

29:48And they didn't do anything with the story like that. This is what we've learned with these live action retreads. They have to do something. They have to like either be, you know, bringing a new visual language to the movie or having a star doing something interesting and new like Will Smith in Aladdin or Leland. and Stitch where it's like you finally see this animated character come to life in the real world or something like that it's just there's nothing there to be fair Snow White tried to give us a kid-friendly remake the beguiled but that didn't work they also shot Moana mostly on a soundstage in Atlanta which yeah it's like you have this movie set in this tropical paradise like take advantage shoot it in Hawaii or whatever I know that you know maybe trying to limit costs there but I don't know.

30:40I do think it's worth pointing out, and this ties into something you mentioned about Paramount, where they have their share of singles and doubles and what have you. It's that, you know, if you look at Mandalorian and Gragu and Moana, those are still global gross figures that for theaters would be aspirational for most movies. Right. Yeah, and they're not looking at how much Disney is going to lose on those movies. They're looking at the fact that they had collectively 700 million dollars worth of box office from two movies exactly and it just shows that even six years into the new normal to a certain extent theaters are still somewhat dependent even on the disney flops right more so than the successes of other studios yeah because that's one of the interesting storylines of the summer is that we're getting to these high grosses even though we had four, five, like pretty big flops that the studios are going to lose a lot of money on.

31:38But they still did okay from the theater's perspective, a few hundred million dollars, and those add up. And for better or worse, theaters need those. That was one reason why 2023 was such a robust summer. It wasn't just Barbenheimer, is that you had a bunch of comparatively high-grossing flops like Indiana Jones 5, The Little Mermaid overseas, uh the flash uh transformers rise of the the the beast wars one rise of the beasts even fast x which did 700 worldwide but i don't think anyone's happy about it but for theaters yeah we'll take that no it's like when you only when you have such a small slate in terms of volume that you're only depending on the tent poles performing at or better than hoped then that's not enough in a weird way you almost need the studio flops and you know i'm not saying that studios necessarily need to be martyrs for the cause but if you want theaters to be healthy enough to play toy story five sometimes you kind of almost need to give them a moana yeah uh if you're disney are you scared or tangled uh yes yeah there's no stars in tangled i should no disrespect to diego luna catherine han Catriona Balfe.

32:52Like, okay. But there's no Dwayne Johnson, Will Smith, like someone like that that they can market. And, you know, it's not going to be cheap. And they say that this will be an interesting and unique adaptation. Tangled was not one of the bigger or more beloved movies. It's done fine. So I am a little nervous about them. I'm much more looking forward to Lilo and Stitch 2 if I'm dizzy than Tangled, the remake. I hope that Lilo and Stitch, too, leans into the bring her back nature of the first film. What does that mean? Bring her back. That was the horror film that came out from... Oh, no, I'm aware of that film.

33:33Yeah, yeah. So it's like, oh, no, they gave her away to foster care, which isn't exactly what happened, but whatever. Oh, you're discussing plot points of Lilo and Stitch, which I am not familiar with. Come on. Because I see everything. You do. I respect that. I respect that you see everything. I do not. But no, Tangled, I would not bet money on it. Just because, I mean, in a vacuum, when you're going to release screenshots of this film with these people that most audiences have not heard of, what's going to really differentiate it between the movie and cast members at the Disney park taking photos with people?

34:10We'll see. Her hair will be cool. Yeah. Her hair needs to be very cool. Yes. So on Moana, I had it as a five. You had it as a six. Did not perform, so I win, and I get the W on Moana. This episode is brought to you by Disney. What does it take to build a world people never want to leave? In Disney World Builders, Academy Award and Emmy-nominated filmmaker Leslie Iwerks takes audiences inside the creative journeys of some of Disney's most influential storytellers. Featuring exclusive interviews with James Cameron, Jon Favreau, Kevin Feige, and more, This documentary reveals the imagination, innovation, and storytelling that continue to inspire generations and shape entertainment.

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35:29Hey, Chicago. Class it up with Crocs. You know back to school is coming in fast. So why wait to find your new fave footwear? Step into a local Crocs store and step into your new look. Try it. Style it. Make it yours. Because the right pair doesn't just show up. It shows off. First day fits, handled. Walk out ready for whatever's next. Visit your nearest Croc store today. The Odyssey. Let's go to that one. This one is fascinating because I had it as a nine on the confidence scale. You had it as an eight. Neither of us was over the moon confident. it. We thought it would do fine. This is almost like a, like a note.

36:15No, neither of you should win this one probably. Right? No, no, no. But I, I had it as a nine. I, it's like, it's, I, yeah, but neither of you thought it would both of you kind of felt the same way about it. We thought it would, it would meet expectations. I did not think it would do a billion. I think it would get, I thought it would get close. Right. I think actually I'm looking at my quote here, like technically, literally Matt wins, but spiritually you should tie. well i mean we could theoretically both tie up moana and odyssey and uh let's play back the tape craig i said i have it as a nine around the same because expectations are so high that when it's open when it opens fine people will say wait chris nolan just got spanked by spider-man of course he did that's kind of how it works i think it could get to 900 maybe even a billion so you You were 50 % off.

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37:05Yeah, okay. But I was at least a little bit more confident than Scott. If it's good and well-received, Scott said, 750 wouldn't upset me. Well, and it would have been. It just doubled that. No, no, no. All right, I brought the receipts. Why did this movie do 1.5? And counting, by the way. Well, obviously it delivered in terms of quality. It delivered something that enough moviegoers felt different and special and unique. even to the point of, oh, Chris Nolan is doing the Odyssey. I think I know how that's going to go. And I would say to a certain extent I delivered on that, but it was just, it was punchy and frankly funny enough to sort of...

37:45Funny? Where were the laughs in this movie? I missed those. Ironically, after all the nonsense controversy, Elliot Page is, I think, the funniest line of the movie. Which is? Where he basically tells Matt Damon, if I don't take it back, if I don't make it back, tell my father I was brave, And then he says, like, feel free to add some stuff. Oh, yeah. Okay. Yeah, I guess in a Chris Nolan movie, that counts as humor. I thought it was very funny. I think all of his movies are funny to a certain extent. Okay. The reason this movie is doing what it's doing is it was hyper-eventized. Yes. The IMAX thing hyper-eventized it.

38:24So even if you didn't see it in 70mm IMAX, it's the kind of movie that justifies 70mm IMAX. So it justifies my 20 bucks to go see it in theater. And I've got to do that. I've got to do it to keep up with the culture. And I think this is very important because Chris Nolan knows what he's doing and actually likes the theatrical experience and all that jazz. He made a movie that also looks and plays very good in a regular boring theater. I made a point to watch the first 30 minutes or so in the least glamorous theater I could find just to make, you know, and it played great. Yeah, I know. I saw it twice.

39:02It also featured every major movie star in Hollywood. Yeah, which further eventized it. I'm excited that The Odyssey did so well, even though Lucas has it in our draft. I would just like to say that I do think it's worth noting that it's quite possible that the online controversy over the casting of Lupita Nyong 'o and Elliot Page may have cost the film hundreds, possibly thousands of dollars at the global box office. Stop. all right so another one here i was slightly more bullish on the odyssey than you so i'm going to take the w craig for this one spider-man brand new day i had this as a 12 my second most confident movie of the summer i thought it would exceed expectations you had it as a nine oof only by default because you made me lose but use what because you made me use my numbers earlier oh stop yeah you you knew what that was going to be you should have saved one oh i knew that the hundred million dollar budgeted devil wars product 2 was probably going to make enough money to be successful and i knew that the 40 million dollars scary movie 6 was probably going to make enough to be successful etc etc okay i overshot on minions what again it made six times its budget well by the time you get to spider-man by default it's like do i think it's gonna be hit And of course I do.

40:24And my only concern was that, like the Odyssey, it might only make like, it might end up with the defensive because it only makes like 900 million worldwide or something like that. Obviously, it's going to make two and a half times that. So, mea culpa. Well, but the previous Spider-Man, No Way Home, did 1.9 million worldwide. And I should say what this one did. And this is still counting because it's in theaters still. It's at$8.93 domestic and$2.34 worldwide. So this movie is outperforming significantly the insanely high gross of the previous Spider-Man. Which is insane. I mean, Monday morning quarterbacking notwithstanding, when you look at like the biggest grossing movies of all time, sans inflation, the first Avatar, it lived up to the hype.

41:14Avatar 2, 13 years later, it lived up to the hype again. Avengers Endgame, the culmination of the Infinity Saga. The Force Awakens, finally a sequel to Return of the Jedi. Yeah. Titanic, every 12-year-old girl in Japan saw it 12 times. Yeah, exactly. Yeah. But this is just, it's just, in fact, it sold itself as being just another Spider-Man movie. It's not, you know, and I think that helped to a certain extent. It wasn't sold as like the biggest, most spectacular temple you'll ever see. It's just, it's a Peter Parker movie. I know it almost doesn't pass the different but same test. Like it just ended up being good and satisfying and had the stars you love and everything, all the elements you want in a Spider-Man movie.

41:59Nothing really, really that special. Like no reunion of all the other Spider-Men, no gigantic star as the villain. Like, I don't know. it's an encouraging sign that you don't need to like re-up or double the star power or throw the kitchen sink at these superhero movies they just have to be good I think as much well first of all Spider-Man has always been the exception of the rule to whatever is or isn't going on in superhero world and you know that goes back to the early 2000s where like with the exception of the X-Men sequels none of the from 2002 to 2008 2008, none of the Marvel superhero movies or DC that came out in the wake of Spider-Man made as much worldwide as the first Spider-Man made just in North America.

42:49So Spider-Man is Spider-Man is Spider-Man. Now, I do think it's very interesting. As you said, this is closer to like a conventional sequel, something like John Wick 4, Bad Boys for Life, or Bad Boys Ride or Die, which to its credit, that Sony sold as, this is not the fourth Bad Boys movie in 30 years. This is the relatively recent sequel to the relatively recent sequel that you really liked because it was really good. And I think to Sony's credit, that's how they sold Spider-Man Brand New Day. Yeah, it was a halo effect from the previous one. It's not, oh, MCU, this or that. It's, this is a sequel to the present tense Spider-Man franchise that you all really like with characters and actors that you all really like.

43:32so the fact that it was a spider-man movie in the abstract obviously that's important but it wasn't remotely the only pitch yeah and it worked and what this thing is probably going to end at like 2.5 billion it'll it's it's in third place globally it's going to stay in third place globally and that's fine obviously that's fine i mean jesus good luck to avengers doomsday well you know i think for better or worse just like the online nonsense of the honesty didn't make a dent i think there's a case to be made that like all of us film snobs haggling over doomsday oh it looks doesn't look as good or that you know it's desperate to get robert downey jr back and things that i genuinely agree they're not going to make a difference unless the movie is quantum mania bad and i say that as somebody who loves the second ant-man movie all due respect unless it's quantum mania bad.

44:24I can't imagine it doesn't do 1.5 in a walk. Oh yeah, easy. But the question is, can it do two? And I don't know if it can. If it's good, I would say it doesn't have to. Well, Joe Russo just admitted that they started shooting without a script, without a finished script. So he says these scripts are living, breathing organisms. Just what every studio head wants to hear. Well, I know the last several Mission Impossible movies were somewhat done on the fly. And that includes part six, which is one of the more popular ones. And that includes the last two, which are less well received. Okay. We will see.

45:02All right. So enough of that. Let's get to our last movie, The End of Oak Street. I had this as a six on the confidence scale. I was relatively confident that it would meet expectations. You had it as a two. You thought it was a disaster waiting to happen. this movie grossed 46 million domestic 106 million worldwide so kind of a nothing burger it's a shame because it's really good yeah you liked it i i uh i still haven't seen i'm gonna see this movie it's good see the theater if you get time it's worth it it's the kind of movie that if people still went to the movies just to go to the movies would have eked out you would have crawled to 200 million which would have been great on an 80 budget but they would have been fine No arm, no foul.

45:46So did this movie meet its expectations? That's the question. I don't think it did. I think given the Warner's marketing campaign, they wanted more out of this. Well, of course. And when I think expectations, part of that is budget. So it cost 80, it's going to do 125. Not enough. Now, I think it's worth noting, and again, this isn't a zero-sum game, but one of the reasons that I get a little cranky when you have not just Amazon, but so forgive me for picking on Amazon. But again, something like, you know, $170 million movie, Master of the Universe, made$114 million, but it's okay because of Prime Video.

46:24Or to throw out a movie I very much liked, The Sheep Detectives, which did about$130 million on a 75 budget. In conventional terms, that is not a success. Now, Prime Video, most theatrical, it'll probably, you know, the fact that it's really, really good means, yeah, it's probably worth the investment in the long run. Now, conversely, will Warner Brothers get the same charity when their$80 million movie, The End of Oak Street, only does$125? Or when their$170 million movie, Supergirl, only does$130? And if not, why not? They don't. I don't give anybody charity. The Amazon movies need to perform in theaters if they are going to be theatrical releases.

47:04They're certainly giving them marketing campaigns. They have the same theatrical distribution people at Amazon now that they have at all the other studios. there's no handicap there. Now, the one nice thing I will say is that as someone that liked He-Man Masters of the Universe more than I expected to, their movies have been pretty good. Other than Mercy, and I won't count Melania because that's its own thing, you know, their quality, Is God Is was very good. I actually liked Crime 101. I saw that on a plane. It was solid. And again, I mean, you know, I could laugh about don't spend$90 million on a Chris Hemsworth movie, but if you're going to treat theatrical as an emotional avenue for prime video where there's a slight curve, I would rather that curve be applied to making, you know, well-made adult dramas like Crime 101 or Is God Is or surprisingly delightful kid films like The Sheep Detectives, as opposed to something like Master of the Universe.

47:59All right. So that is it. Craig, can you tally up the score here and who won the summer, Scott or me? It was a nail biter, but Matt finishes with six points. Scott finishes with five and you tied on two. But I will say, and I think Matt has one more big win. I made my own big win metric. Oh, you went rogue. You have your own metric. This is my own proprietary metrics. Big, big wins. Matt's big wins were his Spider-Man confidence, his Mandalorian pessimism, and his minions apathy. And Scott's big wins, he had two. The Devil Wears Prada two confidence and the Mortal Kombat skepticism. Okay. That's, I'll take it.

48:41I'll take any wins where I can get it, especially this year where I'm going to get my butt kicked in the box office draft, thanks to Odyssey and Spider-Man. I will take a win for the summer. By the way, Craig, have you tallied up my box office over-under predictions lately? Yes. How did I do for the summer on my over-unders? I think I've done okay. Of the 13 movies that we covered today, you got 10 of the 13 correct in your opening weekend predictions. Oh, that's pretty good. That's in the money. It's really, yeah. I won last weekend on Coyote versus Acme. I took the over on 15 and it came in at like 15.4.

49:18So there were some squeakers. All right, well, nice summer at the box office. I think the momentum is really fun. We've been talking about pessimistic box office predictions for five years now. And we're finally back. Are we back? If David Ellison doesn't go and ruin it for everyone, yes. what are you talking about tom cruise is on board christ that's gonna be an awkward conversation when verity kicks digger's ass if verity kicks digger's ass in october oh you think verity is gonna win opening weekend over digger i don't know about week i mean weekend whatever i mean but i just yeah no i actually think that movie will be big and my wife just read the book i think It's a thing.

50:04And Digger, still a lot of question marks about that one. We'll see. All right, no call sheet today. That's the show. I want to thank my guest, Scott Mendelsohn, producer Craig Horlbeck, our editors Jesse Lopez and Stefano Sanchez. And I want to thank you. We will see you next week.

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From the publisher

Matt is joined by Puck’s box office expert Scott Mendelson to judge their early summer box office predictions by looking at the biggest hits, misses, and questions from the 2026 summer slate.

'The Devil Wears Prada 2' (02:53)

'Mortal Kombat II' (05:41)

'Mandalorian & Grogu' (06:51)

'Masters of the Universe' (09:09)

'Scary Movie 6' (11:55)

'Disclosure Day' (13:46)

'Toy Story 5' (15:55)

'Supergirl' (17:53)

'Minions & Monsters' (22:15)

'Moana' (27:09)

'The Odyssey' (33:31)

'Spider-Man: Brand New Day' (37:11)

'The End of Oak Street' (42:35)

Host: Matt Belloni

Guests: Scott Mendelson

Producers: Craig Horlbeck, Jessie Lopez, and Stefano Sanchez

Theme Song: Devon Renaldo

Bob Iger, James Cameron, Kevin Feige, Jon Favreau and More Featured in New Disney+ Documentary ‘Disney Worldbuilders.’ Now Streaming on Disney+.
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