The new "Steve Jobs" film starring Michael Fassbender and directed by Danny Boyle experienced a major let down when Universal pulled out the film from more than 2000 theaters after its poor performance on the box office.
According to macrumors.com, from its opening, the movie has been experiencing decline in its profit which summed to 69 percent from the previous weekend with $823,000 weekend gross. The movie was initially screened in 2,411 theaters since its opening three weeks ago but it has been pulled out from 2,072 theatres nationwide in a single weekend.
The expected profit of the movie since debut was $15 million to $19 million. However, up to this date, the movie earned only $16, 684, 073. When it debuted worldwide, the movie only grossed $7.3 million in its first three days. The results were a let- down since the movie has been receiving positive reviews from its critics even before the film has been released. Rumors about Oscar nominations also surfaced even a month before the film's release. Michael Fassbender and Kate Winslet's prowess in acting was also noticed but apparently, it was not enough for the movie to gain enough audience.
According to appleinsider.com, Danny Boyle film "Steve Jobs" took $30 million to make exclusive of promotional campaigns and advertising efforts which pushes the cost higher. Up to this date, the movie is being shown in 421 theaters across the country compared to its previous screening spot of more than 2,000.
Despite of the not- so- good outcome of the "Steve Jobs", AppleInsider has already taken its part of reviewing the film. It said that Fassbender's movie was ""humanizing, honest and emotional portrayal" of Jobs, if not entirely historically accurate.
Also, Oscar nomination talks have already subsided. It now became harder to identify whether the film will receive an Oscar nomination or not.
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