"Godzilla" Predicted To Smash Its Way Into The Box Office With $70 Million Opening

By Victoria Pavlova in Movies / TV / Theatre on 29 April 2014

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The studio is banking on the film's international profits.

Hollywood’s latest effort at Godzilla – arguably the most recognisable monster in cinema history – hits US theaters in just six weeks on May 16. In the lead-up to the premiere, Warner Bros. are amping up their promo efforts with featurettes, a new trailer specifically for Asia (which gives a clear look at the other monster in the film – the “Muto” a mutated species of Kaiju, designed by human enjineers – and a bunch of media appearances by the cast and production team. Teaser trailers, TV spots and sneak peeks at Comic-Con, CinemaCon, SXSW and WonderCon, most recently, have generated a lot of great buzz for the completely revamped version of Godzilla.

Watch the international trailer below.

With a $160 million projected budget, Warner Bros. are banking on Godzilla’s successful release. So far, the box office predictions look great – according to Variety, early insider estimates are placing Godzilla’s debut in the $60 million plus bracket, with some observers claiming that Gareth Edwards’ reboot could fetch upwards of $70 million on its debut.

Godzilla has a few things going for it. The monster flick should also see a boost in profits thanks to the more expensive IMAX release.

Bryan Cranston, Aaron Paul
Bryan Cranston and Aaron Paul star in Warner Bros. latest release.

In addition, Warner Bros. has launched a heavy promo campaign in several promo markets and Godzilla’s day-and-date release in 60 foreign markets, hitting nearly every international region except Japan and China, should add a sizeable number to the overall gross. Foreign tallies are expected to double the U.S. grosses, with B.O. projections in the $500 million to $600 million range globally.

More: 5 Reasons Why The Godzilla Movie Will Succeed

However, the monster flick might lose out on a few million because of its unfortunate timing. Godzilla is sandwiched between two highly anticipated sequels from more established brands: Sony’s The Amazing Spider-Man 2, which will have premiered two weeks before, and Fox’s X-Men: Days of Future Past, which hits theaters the following week.

More: Godzilla Seizes The Day At WonderCon

Godzilla Poster 2014
Godzilla - coming in May.