Tom Cruise's Digger Projected to Lose $245m as The Social Reckoning Also Flops

Warner Bros' film Digger, featuring Tom Cruise as oil tycoon Digger Rockwell, is anticipated to incur losses nearing $245 million (£185 million) following a staggering 60% decline in ticket sales during its second weekend. This satirical black comedy has generated roughly $35 million (£26 million) worldwide, despite a hefty production and marketing expenditure of $280 million (£211 million). Directed by Alejandro G. Iñárritu, it risks becoming one of Hollywood's major failures. Variety forecasts a total global revenue of $50 million (£38 million), while a Warner Bros representative clarified that the break-even threshold is $300 million (£227 million), contrary to the $350 million (£264 million) figure suggested by analysts. Last week, Cruise remarked that he doesn't focus on opening weekend figures when creating films, emphasizing the importance of longevity and evolution. Digger marks Warner Bros' final standalone release prior to its acquisition by Paramount. In other news, Aaron Sorkin's The Social Reckoning, starring Mikey Madison, Jeremy Strong, and Jeremy Allen White, debuted to $5.5 million in the US and $9 million (£6.8 million) globally, significantly trailing the $22 million opening of The Social Network in 2010. The sequel, centered on Facebook engineer Frances Haugan, was eclipsed by horror film Other Mommy, psychological thriller Verity, video game adaptation Resident Evil, and Brad Pitt's Heart of the Beast.