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Last week, Part 1 in The Divergent Series finale Allegiant, hit theatres to a wavering fan-fare leading to the lowest opening weekend for the young adult franchise so far.
Sources out of The Hollywood Reporter are circulating the news that in reaction to Allegiant’s disappointing return, Lionsgate are slashing the budget for its predecessor Ascendent – the final film in the franchise – due out next year. The source revealed that “the budget for the next one will be reduced,” but “they haven’t said by how much,” indicating that a significant cut will be in effect given Allegiant’s $110 Million budget.
The first film in the series Divergent earned a $29.1 Million on its opening weekend, with its sequel Insurgent giving the series an all time high with $52.3. The dwindling numbers showing the franchise inability to retain a new audience outside of its core fan base.
Although the weekend opening is a disappointment for the studio, It is believed that Lionsgate still plan on releasing Ascendent alongside Universals eagerly anticipated The Mummy reboot and Paramounts sequel World War Z 2. Going head-to-head with both Summer Blockbusters on June 9, 2017.
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