'Mission: Impossible' and 'Indiana Jones' Face Major Box Office Setbacks, Projected to Suffer $100 Million Losses

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Tom Cruise's latest "Mission: Impossible" film and Harrison Ford's return to the "Indiana Jones" franchise are not performing well at the do

Rachael Wiley

Rachael Wiley

21 August 2023 2:59 pm

'Mission: Impossible' and 'Indiana Jones' Face Major Box Office Setbacks, Projected to Suffer $100 Million Losses

Tom Cruise's latest "Mission: Impossible" and Harrison Ford's "Indiana Jones" films underperform at box office

Both films are estimated to lose $100 million each.

The seventh installment of the "Mission: Impossible" franchise, titled "M:I-Dead Reckoning Part One," has earned $164,626,507 domestically as of Monday. Meanwhile, "Indiana Jones and the Dial of Destiny" has brought in $173,611,344.

These numbers put both films behind the surprise hit of the summer, "Sound of Freedom," which has earned $177,773,859 domestically as of Monday.

The latest "Mission: Impossible" film has earned $541 million internationally since its release in July, while the fifth installment of the Disney franchise featuring Harrison Ford as the adventurer has earned $375 million since its release in early June.

Two highly anticipated films, "Black Widow" and "F9: The Fast Saga," have underperformed at the box office, resulting in significant financial losses.

The COVID-19 pandemic caused delays in their release dates and necessitated additional safety measures during production, increasing the cost of making the films.

Experts estimate that both movies will have lost nearly $100 million during their theater runs.

According to a report by FOX Business, the upcoming movies 'Mission: Impossible 7' and 'Indiana Jones 5' are estimated to lose nearly $100 million each.

The losses are attributed to the impact of COVID-19 on the film industry.

Despite potentially inflated budgets due to the pandemic, the movies performed as expected.

According to sources, the upcoming film "Mission: Impossible 7" starring Tom Cruise needs to earn $600 million worldwide in order to cover its production costs.

To provide context, the previous installment in the franchise, "Mission: Impossible - Fallout," earned $791 million in 2018.

Additionally, the highest-grossing film in the franchise so far is "Indiana Jones and the Kingdom of the Crystal Skull" from 2008, which made $790 million globally.

Tom Cruise's latest film, "Top Gun: Maverick," was released in May 2022 and became the highest-grossing movie of the year, earning almost $1.5 billion worldwide.

It also holds the record as Paramount's highest-earning film at the domestic box office in its 110-year history.

This success comes before Cruise's upcoming film, "Mission: Impossible 7."

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