More than 50 years after he invented the blockbuster concept with the spectacular Jaws, Spielberg is returning to spectacle filmmaking this weekend with Disclosure Day.
The question now is whether audiences will turn up in droves for the original concept he had conceived of before handing script duties off to Jurassic Park scribe David Koepp.
His UFO feature is off to a $6.5 million start from Thursday previews and is targeting around $35 million domestically for the feature that was made for a net $115 million budget.
The film has an ensemble including Emily Blunt, Josh O’Connor, Colin Firth, Coleman Domingo and Eve Hewson, but Spielberg’s name is the big draw. Or is it?
Over the past decade, Spielberg has dabbled in dramas for adults (The Post, The Fabelmans) — and made the musical West Side Story, which, despite nice revews, was a commercial flop. So was The Fabelmans, his semi-autobiographical feature.
He has not helmed a pure popcorn flick since 2018’s Ready Player One, which grossed $607 million globally.
He pioneered the UFO genre with the seminal 1977 feature Close Encounters of the Third Kind and returend for the 2005 Tom Cruise starrer War of the Worlds.
The feature has strong (but not rave) reviews, with critics giving it 82 percent rating on Rotten Tomatoes.
Disclosure Day, like most of Spielbeg’s spectacle movies, is a propulsive, well-crafted adventure, suggesting for those willing to look deeper such themes as hope, truth, empathy, and even spirituality.
The Universal and Amblin film is expected to open with $35 million at the box office this weekend and comes with a $115 million budget, plus $80 million in marketing costs.
Despite Spielberg’s name and track record, it’s one of the summer’s riskier gambles to launch a twisty, conspiracy thriller that isn’t part of an existing IP or franchise.
The box office analysts predict that Disclosure Day would need to open with $50 million to justify its cost, and that it will need to make $300 globally to be profitable.





