'Charlie's Angels' and When to Put an Expiration Date on Old IP

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'Charlie's Angels' and When to Put an Expiration Date on Old IP
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CharliesAngels became the third consecutive franchise reboot attempt to bomb this month, experiencing the same dismal opening as 'The Shining' sequel DoctorSleep and TerminatorDarkFate

with a mere $8.4 million opening at the U.S. box office, industry experts are trying to figure out just where to point the finger of blame. And more importantly, how much weight does aging intellectual property carry these days when it comes to reboots of classic franchises?debuted to $37 million in June 2003 - became the third consecutive franchise reboot attempt to bomb this month. It follows the dismal $14.

"The time-honored tradition of the reboot has been pressure-tested over the past three weekends with three films earning a resounding 'meh' from audiences who were clearly not seeking out the characters nor the type of on-screen situations that made their predecessors big enough hits to warrant venturing back into the vaults," says Paul Dergarabedian, a box office analyst at Comscore.

To be sure, there are revivals that have felt fresh enough to earn a resounding yes from audiences in recent years. These include Steven Spielberg'sJurassic World: Fallen Kingdom, with Dwayne Johnson and Kevin Hart, grossing $962 million worldwide . And then there's this decade'sgrossed more than $2 billion worldwide, while 2017'sThese films all rebooted franchises after a two-decade hiatus and played to all audiences, young and old.

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