'GOTG Vol. 2' Remains at No. 1 at Box Office, 'King Arthur: Legend of the Sword' Flops

Guy Ritchie-directed 'King Arthur', which unexpectedly opens with an alarming $15.4 against its $175 million budget, is on track to be the first big summer flop.

AceShowbiz - "Guardians of the Galaxy Vol. 2" still tops domestic box office in its second weekend. The "Guardians of the Galaxy" sequel nabbed $65 million, bringing its domestic cume to over $248 million. So far, the superhero movie has earned a total of $637 million globally.

Fox's Mother's Day action comedy "Snatched", starring Amy Schumer and Goldie Hawn, opened with $19.5 million from 3,501 theaters. The movie was made with a modest $42 million, but it still hoped for a bigger cume. "Snatched", which follows Hawn and Schumer as mother and daughter who are abducted on their vacation in Ecuador, earned a B CinemaScore.

Meanwhile, big-budgeted "King Arthur: Legend of the Sword" didn't make a very good start. The movie directed by Guy Ritchie only managed to earn $15.4 million against its $175 million budget, marking the first big bomb of summer 2017. The epic movie didn't open very well in international markets either, nabbing only a shy $29.1 million from 51 markets.

Warner Bros. domestic distribution chief Jeff Goldstein said that the concept of "King Arthur: Legend of the Sword" just "didn't resonate with a broad audience" and that they were "disappointed" and "had higher hopes." While the movie starring Charlie Hunnam and Jude Law gained a B+ CinemaScore from the audiences, it only earned a 27 percent rating on Rotten Tomatoes.

Sitting on No. 4 at domestic box office was blockbuster "The Fate of the Furious", which gained $5.4 million, while rounding out the top five was *"The Boss Baby", which nabbed a pleasant $4.5 million domestically.

Top Ten Movies at Weekend Box Office for May 12-14, 2017:

  1. "Guardians of the Galaxy Vol. 2" - $65 million
  2. "Snatched" - $19.5 million
  3. "King Arthur: Legend of the Sword" - $15.4 million
  4. "The Fate of the Furious" - $5.4 million
  5. *"Beauty and the Beast (2017)" - $4.8 million
  6. *"The Boss Baby" - $4.5 million
  7. "How to be a Latin Lover" - $3.9 million
  8. "Lowriders" - $2.4 million
  9. "The Circle" - $1.8 million
  10. "Baahubali 2: The Conclusion" - $1.6 million
UPDATE (May 15, 2017): *When the final figures came out on Monday, May 15, it was revealed that "Beauty and the Beast" earned $4.8 million over the weekend, while "The Boss Baby" took in $4.5 million, hence the two movies swapped places.

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