How Much is Wicked: Part One Likely to Make in Its Opening Weekend?
How Much is Wicked: Part One Likely to Make in Its Opening Weekend?
Wicked first delighted audiences when the musical hit the Broadway stage in 2003, and it has recently been adapted into a two-part movie by director Jon M. Chu.
Of course, movie lovers will likely know the stage production and movie are inspired by L. Frank Baum’s 1900 novel and the 1939 film adaptation The Wonderful Wizard of Oz.
The epic musical fantasy is expected to draw a crowd when released in November 2025 and features many huge names, such as Tony-award winner Cynthia Erivo, Ariana Grande, Jonathan Bailey, Peter Dinklage, Ethan Slater, Michelle Yeoh, and more.
As the flick will go up against many big movies when released, such as Gladiator II, many are curious about how much Wicked: Part One is likely to make in its opening weekend.
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What is the Release Date for Wicked: Part One?
Wicked: Part One had its world premiere on November 3, 2024, at the State Theatre in Sydney, Australia.
It is scheduled for release in US movie theaters on November 22, 2024, and the second installment will arrive almost a year later on November 21, 2025.
What Do the Critics Say About the Movie?
Oz historians, award-season pundits, entertainment professionals, and social media influencers were invited to the first screening of Wicked: Part One in October 2024.
The initial screening generated many positive reviews, which praised Chu’s direction, Erivo and Grande’s performances, and the adaptation of the hit stage production.
The Oz historians in attendance provided glowing feedback about the additions to the film, which created a “lively” tone ahead of a darker Wicked: Part Two.
What’s more, many critics suggested the movie could be in contention for one or more categories at the upcoming Academy Awards.
Positive reviews could encourage more movie lovers to book tickets for the flick, helping the movie to enjoy a superb opening weekend in the United States.
How Much is It Expected to Make in Its Opening Weekend?
Box office projections are differing for Wicked: Part One. Quorum currently projects the film will gross approximately $67-74 million during its US opening weekend.
However, Box Office Theory predicts the domestic revenue will be much higher, predicting it will earn between £96-150 million.
Boxoffice Pro backs up this estimate, projecting the long-awaited movie adaption will generate somewhere between $100-125 million.
What Was the Budget for Wicked: Part One?
If the above projections are correct, Wicked: Part One could earn back its production costs within its opening weekend or close to it.
The film reportedly cost $145 million to make, making it a huge financial gamble for Universal Pictures, and it’ll be hoping it will pay off following its release.
However, pre-release sales appear positive for the movie, meaning it could be on target for its opening weekend projections.
For instance, American ticketing company Fandango reported on October 10, 2024, that Wicked: Part One became its number two first-day ticket seller of the year, a little behind Deadpool vs. Wolverine in pre-release sales.
Also, it confirmed it was the number one PG-rated first-day ticket pre-seller of 2024 and ranked third of all time behind Frozen 2 (2019) and The Lion King (2019).
As more than 65 million people have watched the musical Wicked, many fans of the stage production are likely to buy tickets to see the film adaptation on the big screen.