Lionsgate's CEO Jon Feltheimer revealed that the film adaptation of the Borderlands video game series has underperformed dramatically at the box office, earning only $31 million globally after its August release. This failure is attributed to a series of setbacks, including production delays due to the pandemic and financial miscalculations related to reshoots. Feltheimer noted that these issues caused the film to exceed their budgetary expectations and did not align with their typical financial models. Despite this, the CEO remains optimistic about upcoming projects and reassured investors that the disappointed performance caters to a challenging market environment.

What were the main reasons for the Borderlands movie's box office failure?

The Borderlands movie faced numerous challenges, including extensive reshoots, pandemic-related delays, and financial overruns that caused it to not meet Lionsgate's financial expectations, leading to its poor box office performance.

Borderlands, originally created by Gearbox Software, is a popular looter-shooter franchise known for its unique cel-shaded art style, humor, and cooperative multiplayer gameplay. The film's adaptation aimed to capture the spirit of the games but ultimately failed to resonate with audiences or critics, marking it as a noteworthy disappointment for video game adaptations in Hollywood. Fans of the series hoped for a faithful representation of the beloved game’s characters and lore, but the final product fell short of expectations.