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‘Tenet’ tops $300 million globally, but domestic box office is in crisis mode

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Christopher Nolan’s “Tenet” willed itself past the $300 million mark globally this weekend even as the overall domestic box office appeared to be on the verge of collapse.

Disney’s “Hocus Pocus,” a Bette Middler comedy that flopped when it was initially released in 1993, but became a cult hit on cable and streaming, almost matched “Tenet’s” grosses in North America and beat those of “The New Mutants.”

Re-released just in time for Halloween,” “Hocus Pocus” picked up $1.9 million from 2,570 theatres. “Tenet” earned $2.7 million from 2,722 venues, pushing its domestic haul to a paltry $45.1 million.

“The New Mutants” eked out $1 million from 2,154 locations, bringing its domestic total to $20.9 million.

“Tenet’ has struggled to attract stateside audiences with the kind of fervor that typically greets Nolan films such as “Inception” and “Dunkirk.”

Audiences seem hesitant to return to cinemas when coronavirus infection rates remain stubbornly high in the U.S., but the weak results are also attributable to the fact that major markets such as Los Angeles and New York haven’t allowed theatres to reopen due to the pandemic.

“Tenet” has fared much better overseas, grossing $14.2 million globally this weekend from 59 markets.

That pushed the international total to $262 million and the worldwide haul to $307 million.

Normally, that figure would signal disaster for a $200 million film with an elaborate marketing campaign. In pandemic times, the results have to be weighed more charitably, even if they suggest “Tenet” will lose millions during its theatrical run.

Warner Bros., the studio behind “Tenet,” believes the film will make more money by launching in theatres than it would have if it had debuted on video-on-demand or on HBO Max.

That strategy would have been a tough, likely impossible sell for Nolan, who is a vociferous champion of the theatrical experience, but it also would have impacted the studio’s ability to maximise ancillary revenues such as digital rentals, sales and television licensing deals.

The situation for theatres, however, remains dire.

On Friday, news broke that MGM, Eon Productions and Universal were delaying the November release of “No Time to Die” until 2021, depriving cinemas of a James Bond film at a time when they have no blockbusters left to release for months.

Then over the weekend, Cineworld announced it was considering closing its U.K. cinemas back down, as well as shuttering Regal Cinemas, the U.S. exhibitor it bought in 2018.

Other theatre chains could follow suit if they believe it will be too costly to keep their marquees lit without major films to play.

If that happens, it will mean the loss of tens of thousands of jobs and could cause both exhibition giants and independently-owned, smaller theatres to go bankrupt. (Reuters/NAN)

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BREAKING: Tinubu’s Minister, Uche Nnaji, Resigns Amid Certificate Forgery Scandal

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By: Fabian Apechihin

The Minister of Innovation, Science and Technology, Uche Nnaji, has resigned from President Bola Ahmed Tinubu’s cabinet amid a growing controversy surrounding his academic credentials.

Presidential spokesman Bayo Onanuga confirmed Nnaji’s resignation in a statement issued late Tuesday.

Nnaji’s exit follows mounting allegations that his academic certificates were forged. Investigations revealed that the University of Nigeria, Nsukka (UNN), disowned the Bachelor of Science degree he claimed to possess, stating that he never completed his studies at the institution and was therefore not issued any certificate.

According to UNN Vice-Chancellor Prof. Simon U. Ortuanya, Nnaji was admitted in 1981 but failed to meet the requirements for graduation.

In a related development, the National Youth Service Corps (NYSC) reportedly disowned the certificate of national service presented by Nnaji, describing it as fake.

His resignation marks the latest in a series of controversies to hit the Tinubu administration over questions of integrity and accountability among public officials.

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INEC Chairman, Yakubu Hands Over

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INEC chairman, prof. Mahmood Yakubu has concluded his second tenure as INEC chairman today.

After ten years in office, prof. Mahmood yakubu handed over to inec national commissioner, May Agbamuche Mbu, as acting INEC chairman, pending the appointment of a new INEC chairman by the president.

The handing over was made during a meeting with resident electoral commissioners

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Israel Launches Heavy Airstrikes in Gaza as Ceasefire Talks Collapse

Tensions in the Middle East have surged once again as Israel carried out a series of heavy airstrikes on Gaza late Sunday night, following the collapse of ongoing ceasefire negotiations.

According to international reports, the strikes targeted areas suspected of housing Hamas infrastructure, including tunnels, weapons storage sites, and command centers. Witnesses described powerful explosions that lit up the night sky, with plumes of smoke and debris rising across Gaza City. Emergency responders have been racing to rescue civilians trapped under the rubble, while hospitals struggle to cope with a growing number of casualties.

The Palestinian health ministry reported several deaths and dozens of injuries, though the exact figures remain unclear amid the chaos.

The renewed violence follows weeks of indirect talks between Israel and Hamas aimed at achieving a durable ceasefire and improving humanitarian conditions in Gaza. Sources close to the negotiations said discussions collapsed over disputes concerning prisoner swaps, border access, and security assurances.

Israeli officials said the airstrikes were a “necessary response” to continued rocket attacks from Gaza, while Hamas vowed swift retaliation.

The United Nations, the European Union, and several world leaders have called for restraint and a resumption of dialogue to prevent the situation from spiraling into a wider conflict. Meanwhile, civilians on both sides continue to bear the brunt of the violence—facing blackouts, food shortages, and growing fear as hopes for peace once again fade.

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