Alt Film Guide
Classic movies. Gay movies. International cinema. Socially conscious & political cinema.
Home Movie NewsBox Office The Karate Kid: Jackie Chan Remake Is Sleeper Hit

The Karate Kid: Jackie Chan Remake Is Sleeper Hit

The Karate Kid 2010 Jackie Chan Jaden SmithThe Karate Kid with Jackie Chan and Jaden Smith. Like Summit’s blockbuster The Twilight Saga: Eclipse and Disney’s even bigger blockbuster Toy Story 3, Sony Pictures’ inspirational drama is evidence that domestic audiences are sick and tired of reboots and sequels.
  • The Karate Kid 2010 box office: Featuring Jackie Chan and Jaden Smith, Harald Zwart’s mix of martial arts and life lessons provides further evidence that domestic moviegoers crave original, quality fare.

The Karate Kid: Jackie Chan star vehicle offers further proof that American audiences are eager for original, quality movies

June 11–13 weekend box office: Just a week or two ago, U.S.-focused film business experts, concerned about the recent domestic box office downturn, were telling us that American moviegoers want something new, fresh, original. And good quality.

And here’s the proof: Sony Pictures’ The Karate Kid.

A Chinese-U.S.-Hong Kong coproduction directed by Harald Zwart, and featuring Jackie Chan, Jaden Smith (son of actors Will Smith and Jada Pinkett Smith), and Best Supporting Actress Oscar nominee Taraji P. Henson (The Curious Case of Benjamin Button, 2008), The Karate Kid easily topped the U.S. and Canada box office chart this past weekend, grossing $55.7 million as per figures found at boxofficemojo.com. That’s nearly twice as much as pundits had been expecting.

Just ignore the fact that the new, fresh, and original The Karate Kid is a remake of John G. Avildsen’s 1984 movie starring Ralph Macchio and Pat Morita – and that Zwart’s reboot has been hardly a hit with critics.

Anyhow, 2010 has its first official sleeper hit – The Karate Kid cost about $40 million – though it’s still too early to tell how far this underdog tale will go. Word of mouth, as per CinemaScore, has been good: A straight A.

More fresh, original, quality…

But there’s more!

Here’s even further evidence that U.S. (and Canadian?) moviegoers want quality, original stories: This past weekend’s no. 2 movie – with $25.7 million – was Joe Carnahan’s The A-Team, 20th Century Fox’s widely panned $110 million reboot of a braindead 1980s television series starring George Peppard.

The downside (upside?): The action flick is doomed to become a major loser for Fox unless it performs exceedingly well overseas. But will it?

With the ongoing World Cup as an undeniable handicap, The A-Team has so far brought in only $15 million in 35 international markets as per figures found in The Hollywood Reporter.

In the cast: Bradley Cooper, Best Actor Oscar nominee Liam Neeson (Schindler’s List, 1993), Jessica Biel, Patrick Wilson, Gerald McRaney, Henry Czerny, and District 9 actor Sharlto Copley.

Sleeper blockbuster of 2010

Update: Sony’s The Karate Kid went on to earn $176.6 million domestically and a surprising – after all, it’s not a branded action sequel – $182.5 million internationally. Worldwide total: $359.1 million, making this 2010 reboot the year’s biggest sleeper hit.

The Karate Kid’s top international markets were the United Kingdom ($19.8 million), Japan ($17.4 million), Germany ($12.7 million), and Mexico ($12.5 million).

Curiously, the Box Office Mojo chart doesn’t list China individually, though Hong Kong is found with a paltry $170,000. If at all accurate, that would indicate that The Karate Kid was a monumental flop in that territory. China is listed here, with a meager $6.6 million.

The A-Team gets some much-needed international boost

The A-Team went on to earn $77.2 million domestically and a solid – though hardly outstanding – $100 million internationally. Worldwide total: $177.2 million.

Barring some special contractual deals, rentals (what ultimately goes to the distributors/producers) would have been hardly enough to cover the movie’s production budget, let alone its marketing and distribution expenses.

The silver lining: Without the international market, things would have been far, far more disastrous for this Fox release.


The Karate Kid: Jackie Chan Remake” endnotes

Unless otherwise noted, “The Karate Kid: Jackie Chan Remake Is Sleeper Hit” box office information via Box Office Mojo. Budget info – which should usually be taken with a grain of salt – via BOM and/or other sources.

Comments about The Karate Kid, The A-Team, and other titles being profitable or money-losers at the box office (see paragraph below) are based on the available data about their production budget, additional marketing and distribution expenses (as a general rule of thumb, around 50 percent of the production cost), and worldwide gross (as a general rule of thumb when it comes to the Hollywood studios, around 50–55 percent of the domestic gross and 40 percent of the international gross goes to the distributing/producing companies).

Bear in mind that data regarding rebates, international pre-sales, and other credits and/or contractual details that help to alleviate/split production costs and apportion revenues are oftentimes unavailable, and that reported international grosses can be incomplete (i.e., not every territory is accounted for). Also bear in mind that ancillary revenues (domestic/global television rights, home video sales, streaming, merchandising, etc.) can represent anywhere between 40–70 percent of a movie’s total take; however, these revenues and their apportionment are only infrequently made public.

Jaden Smith and Jackie Chan The Karate Kid 2010 image: Jasin Boland | Columbia Pictures.

The Karate Kid: Jackie Chan Remake Is Sleeper Hit” last updated in June 2022.

Recommended for You

Leave a Comment

*IMPORTANT*: By using this form you agree with Alt Film Guide's storage and handling of your data (e.g., your IP address). Make sure your comment adds something relevant to the discussion: Feel free to disagree with us and write your own movie commentaries, but *thoughtfulness* and *at least a modicum of sanity* are imperative. Abusive, inflammatory, spammy/self-promotional, baseless (spreading mis- or disinformation), and just plain deranged comments will be zapped. Lastly, links found in submitted comments will generally be deleted.

3 comments

angela -

I think The Karate Kid at most will make it to 150 mill, although I was hoping for 200.

Reply
KathyID -

$150 million is great on a $40 million budget. It went against The A-Team, which cost over $100 million and won. Toy Story 3 cost $190 million so it can use some big numbers. Both are doing well. Only Eclipse and Inception are left to save the box office.

Reply
MaryChu -

It’s funny that all those explosives and muscles are getting owned by a little boy with braids. Go Jaden. Will and Jada must be proud that they have another star in the family. This proves that Cooper isn’t a leading man just like Jake G. They are better in ensembles, not by themselves. They can’t all be Robert Downey or Johnny Depp’s.

Reply

This website uses cookies to improve your experience. If you continue browsing, that means you've accepted our Terms of Use/use of cookies. You may also click on the Accept button on the right to make this notice disappear. Accept Read More