Kong: Skull Island debuted in first place at the domestic box office, earning an estimated $61 million.
As noted by Variety, Warner Bros. and Legendary’s new film performed well above expectations, which had Skull Island’s weekend earnings pegged somewhere between $45 million and $50 million.
That said, the Jordan Vogt-Roberts-directed movie has a long way to go before recouping its hefty $185 million production budget, and will have to rely on international success if it’s to reach levels of profitability.
Factoring in both production and marketing costs, Kong: Skull Island needs to make approximately $500 million worldwide to be considered a success for Warner Bros. and Legendary. The film won’t debut in China for another two weeks but so far has made $81.6 million in international markets.