The Studios Are Facing a Crisis (and it Ain't Rotten Tomatoes)

Yves Bergquist, who works analyzing data at the School of Cinematic Arts at USC, has written a fascinating post about box office performance and reviews. His insights - which are his personal expression and not endorsed by his employer - into Box Office Economics in Turmoil are invaluable and entertaining reading: 

"Hollywood CFOs are closing out the Summer [of 2017], and it’s a Lannister kind of party. The worst Labor Day Weekend performance in 17 years; a bloodbath Summer box office in a near 20% retreat compared to 2016; bulletproof franchises underwater; even the mighty Dwayne “the Rock” Johnson took a beating. Summer 2017 was an Irwin Allen disaster."

Here, as of Sept. 2017, are the domestic gross numbers for some of Hollywood's worst performers in the summer of 2017:

King Arthur: Legend of the Sword
Box office: $37.1 million
Reported budget: $175 million

Rough Night
Box office: $22.1 million
Reported budget: $22 million

Valerian and the City of a Thousand Planets
Box office: $39.8 million
Reported budget: $180 million

Pirates of the Caribbean: Dead Men Tell No Tales
Box office: $172 million
Reported budget: $230 million

Logan Lucky
Box office: $16.6 million
Reported budget: $21 million

Alien: Covenant
Box office: $74 million
Reported budget: $97 million

The Mummy
Box office: $80.1 million
Reported budget: $125 million+

The Book Of Henry
Box office: $4.3 million
Reported budget: $10 million

The House
Box office: $25.6 million
Reported budget: $40 million

Baywatch
Box office: $58 million
Reported budget: $60 million