While there are definite paralels between this summer and the summer of '16 when it comes to box office, there's also the fact that all the disappointing tentpole movies of '16 failed to start a franchise. Even "Star Trek Beyond" has not had a sequel, yet, and that's with the big "Star Trek" brand. Also, while several recent movies are underperforming, "Aladin" is actually doing better than projected.
Also, don't put too much stock in the Asian market. The movie's best performance may be in China, but even there it took two weekends to get past the $ 100 million mark. And even if the movie's popular in Japan, that is simply not a strong enough market. It made less than $ 10 million on the first weekend in Japan. Plus, the movie's distributed by Toho, there, not WB, so I doubt WB/Legendary sees much of that profit. South Korea was only $ 2.2 million over the first week and second weekend. All in all, KotM made less than $ 300 million worldwide.
Also, you have to look at the trend of this franchise. Usually, a franchise gets bigger box office numbers the longer it goes on. Right now, it would be a surprise if KotM did anywhere near the worldwide box office of the '14 movie. It does not look like this franchise is growing.
Also, don't put too much stock in the Asian market. The movie's best performance may be in China, but even there it took two weekends to get past the $ 100 million mark. And even if the movie's popular in Japan, that is simply not a strong enough market. It made less than $ 10 million on the first weekend in Japan. Plus, the movie's distributed by Toho, there, not WB, so I doubt WB/Legendary sees much of that profit. South Korea was only $ 2.2 million over the first week and second weekend. All in all, KotM made less than $ 300 million worldwide.
Also, you have to look at the trend of this franchise. Usually, a franchise gets bigger box office numbers the longer it goes on. Right now, it would be a surprise if KotM did anywhere near the worldwide box office of the '14 movie. It does not look like this franchise is growing.