Weekend Box Office: 'Pirates' A Big Looter, 'Baywatch' A Big Loser

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In the case of "Pirates", the enervating feel of more of the same swashbuckling is combined with knowing you gave Johnny Depp all that money so he could squander it on crap and a bad short marriage.

Having the majority of profits come from global receipts is not worrying Walt Disney Studios. Paramount's R-rated action-comedy was expected to make between $32 million and $40 million during the five-day period, but it's heading for a finish of slightly less than $30 million.

The film, which is the fifth outing in the "Pirates" series, has lagged in its domestic market, posting mediocre numbers in the U.S., but it's been a hit with global audiences.

Meanwhile, Baywatch is treading water with a 19% rating.

Box Office Mojo notes that the Pirates of the Caribbean 5 debuted in China with a box office collection of $67.8 million and an industry record opening in Russian Federation of an estimated $18.6 million.

Memorial Day weekend revenue at the domestic box office fell to its lowest level in 18 years, or $176-M, according to preliminary estimates from comScore. On Sunday Vol. 2 overtook Guardians of the Galaxy ($333.2 million) to become the 5th highest grossing entry in the Marvel Cinematic Universe.

"'Baywatch' doesn't stand alone as a casualty in this marketplace", Dergarabedian said.

Alien: Covenant took the top spot when it debuted the prior weekend, but sank by 71% in its second weekend to take a weak fourth place overall. "Everything, Everything" rounded out the top five by earning an estimated $6.2 million, with Memorial Day boost bringing its estimated weekend total to $7.8 million.

The Johnny Depp vehicle ... er ... ship only made about $21 million domestically so far - when including Thursday night previews - which means the other $86 million came from overseas.

"Hollywood needs June to save the box office world", Dergarabedian said. Where available, the latest worldwide numbers for Friday through Sunday are also included.

It's also of note the opening of Dead Men Tell No Tales pushed Disney's domestic cume for 2017 over $1 billion on Friday.

"King Arthur: Legend of the Sword", $10 million. With summer blockbusters already arriving - and more yet to come - another $200-plus million for Guardians 2 might be a stretch.

"God of War", $4.2 million.

"The Fate of the Furious", $3.3 million.