The theater landscape saw Mel Gibson's 'Flight Risk' lead the box office with a modest $12 million, marking this as a low point for January openings. This weekend followed the delayed Oscar nominations, affecting distributor strategies. Notably, the documentary 'Liza: A Truly Terrific Absolutely True Story' showed promise with strong niche support. Gibson's film faced poor reviews and a low Cinemascore, projecting a disappointing total run of around $25 million. Overall, the lack of new releases contributed to the historical low box office figures for this January.
A noteworthy aspect is that despite the lack of major new releases, a small-budget film like 'Flight Risk' can lead the box office with just $12 million.
The delayed announcement of Oscar nominations altered distributor strategies, leading to a weekend box office where the highest earnings were historically low for January.
'Flight Risk' debuted with a C Cinemascore and career-worst reviews for Mel Gibson, indicating it may struggle to reach $25 million domestically during its run.
The performance of 'Liza: A Truly Terrific Absolutely True Story' suggests opportunities still exist for niche documentaries, having performed well in its limited release.
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