A new article from TheHollywoodReporter claims that Paramount Pictures’ Gemini Man from director Ang Lee and starring Will Smith might be heading towards a hefty loss rather than a profit due to weak performance at the domestic and Chinese box office.

Ang Lee’s VFX-heavy film, starring Will Smith, faces losses of $75 million or more after opening to $20.5 million domestically over the Oct. 11-13 frame and finishing Sunday with an anemic worldwide total of $118.7 million, according to sources and box office analysts. Hopes were high that Gemini Man would make up ground and open to strong numbers in China. Instead, it launched to just $21 million over the weekend, coming in behind Maleficent: Mistress of Evil ($22.4 million) in a surprise upset.

After spending a reported $140 million on the budget and another $100 million on marketing the film had a huge uphill battle.

I think the obvious thing to observe is that the movie seemingly overspent on the visual effects thinking that would draw audiences in and poor critic reviews didn’t help things either.

Joker’s strong second-weekend earnings deflated whatever the opening box office take could have been if there hadn’t been major competition.

Hopefully, this box office stumble doesn’t echo with Smith’s Bad Boys For Life, the third installment in the Bad Boys action-comedy franchise.

Henry Brogan is an elite 51-year-old assassin who’s ready to call it quits after completing his 72nd job. His plans get turned upside down when he becomes the target of a mysterious operative who can seemingly predict his every move. To his horror, Brogan soon learns that the man who’s trying to kill him is a younger, faster, cloned version of himself.

SOURCE: THE HOLLYWOOD REPORTER

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