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‘Transformers: The Last Knight’ Crumbles With Franchise-Low Opening Day

TRANSFORMERS: THE LAST KNIGHT

Paramount and Hasbro’s “Transformers: The Last Knight” has generated a moderate $15.7 million in first-day business Wednesday in North America, signaling a launch in the $65 million range for the first five days.

The domestic launch at 4,069 sites of the fifth Transformers film came in somewhat below studio forecasts, which had been about $70 million for the Wednesday-Sunday period.

With a production cost of $217 million, “Transformers: The Last Knight” is a high-stakes bet that’s dependent on its overseas performance to wind up with a profit.

Its opening-day number is also below that of any other movie in the modern franchise. The 2007 original grossed $36.6 million when it opened on a Tuesday. 2009’s “Revenge of the Fallen” earned $62 million on a Wednesday, and 2011’s “Dark of the Moon” — also launched on a Wednesday — brought in $37.7 million. “Age of Extinction,” the most recent installment before “Last Knight” opened on a Friday to $41.9 million.

“The Last Knight” opens in its 42 foreign territories this weekend, including China, the U.K., Russia, Australia, Germany, Italy, South Korea and Hong Kong. That’s about 80% of the international footprint for the film.

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