While we think the jury is still out on this one, The Hollywood Reporter is claiming that a Green Lantern sequel is moving forward despite the fact that the movie has made just $118.7 million worldwide. It cost $200 to make, not counting advertising fees.
Sources say Warners still believes in the franchise, even if the studio is “somewhat disappointed” with Green Lanterns result.
Over the weekend, Green Lantern fell a steep 66% at the domestic box office, grossing $18.4 million for a cume of $89.3 million. Thats a big decline.
Warner Bros. president of domestic distribution Dan Fellman said the movie is settling in, pointing out that fanboy pics often see a significant drop-off in their second weekends.
The article adds that rival studios are saying the marketing for the movie was one of the most expensive on record. The one thing going for the movie is that there are still a lot of countries it hasn’t opened yet, a list you can check out here.