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M3GAN 2.0 Flops, Franchise’s Future in Doubt

The sequel’s underwhelming $17 million global debut has stalled plans for a third film, forcing a studio rethink of its strategy

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© Universal Pictures
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Overview

  • M3GAN 2.0 opened with $10.2 million in the U.S. and $17 million worldwide against a $25 million budget.
  • Its debut amounted to about one-third of the original’s $30 million North American opening in January 2023.
  • Jason Blum blamed a genre shift toward sci-fi action, a crowded summer release and a rushed production schedule for the flop.
  • Weak returns have paused development on a third M3GAN installment and cast uncertainty over the SOULM8TE spin-off scheduled for January 2026.
  • Blumhouse’s recent misfires, such as Wolf Man and The Woman in the Yard, have intensified scrutiny of its low-budget franchise model.