“The Lego Movie 2: The Second Part” hit theaters this week but it may not reach the initial box office estimate of a $50 million weekend.

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In fact, some analysts are suggesting that the projected figures could be well below target, around the $35 million range.

Despite generally positive reviews and great feedback from audiences, “The Lego Movie 2” looks set to become Hollywood’s latest underperformer in what has been a very slow start to the year.

In fact, things were so bad that at the beginning of the month the box office recorded its worst weekend performance in 19 years, but hopes were that new blockbuster releases coming out later this year would prove to reverse this trend.

Is this a sign of more pain to come for upcoming releases? Demand for content has never been so high with Netflix adding record numbers of subscribers, but this may in turn be eroding the theatrical business as people spend more time in front of their screens at home.

Lego Movie 2: The Second Part Trailer

The original Lego movie opened with a $69 million weekend, but the sequel may not even get to 50% of that figure in the most pessimistic of scenarios.

Will you see the new Lego movie? Share your thoughts with us on Twitter: @filminetwork

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