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Reading: Is ‘Den of Thieves’ Becoming Hollywood’s Most Unlikely Franchise?
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FilmoFilia > Movie News > Is ‘Den of Thieves’ Becoming Hollywood’s Most Unlikely Franchise?
Movie News

Is ‘Den of Thieves’ Becoming Hollywood’s Most Unlikely Franchise?

Director Christian Gudegast is ready to roll with 'Den of Thieves 3'. Following the heist of a box office hit, will this sequel outshine its predecessors?

Allan Ford
January 13, 2025
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Den of Thieves

There's something oddly comforting about Gerard Butler's career trajectory. While A-list stars chase superhero roles and Oscar bait, Butler has carved out a peculiar niche as the king of mid-budget action films that feel transported from 1994. The surprising box office success of “Den of Thieves 2: Pantera” ($15M opening weekend) has already spawned talks of a third installment, with director Christian Gudegast confirming to The Hollywood Reporter that “Den of Thieves 3” is “ready to go.”

The franchise's evolution mirrors the shifting landscape of modern entertainment. The original “Den of Thieves” (2018) found its true audience not in theaters but in the streaming realm, where Butler's particular brand of muscular, straightforward action thrives. It's a phenomenon that speaks to the bifurcation of contemporary cinema – while theatrical releases increasingly belong to spectacle-driven blockbusters, there's a robust audience for meat-and-potatoes action films in the digital space.

With a modest $35M budget for “Pantera,” the franchise has discovered the sweet spot between theatrical legitimacy and streaming success. The latest installment's 57% Rotten Tomatoes score and 59 Metacritic rating suggest a film that, while not revolutionary, delivers exactly what its target audience desires. In an era where mid-budget films are endangered species, the “Den of Thieves” series has achieved something remarkable: sustainability.

Butler's career renaissance is particularly fascinating. Like Charles Bronson before him, he's found his groove not as a prestige player but as a reliable action presence. Films like “Plane” and “Greenland” might not garner awards attention, but they've helped Butler build a loyal following that streaming services covet. It's the kind of career that would have dominated video store shelves in the '90s, now reimagined for the digital age.

The speed with which “Den of Thieves 3” is moving forward suggests a confidence in this business model. Gudegast's comment that they're “feeling very good about it” isn't just standard Hollywood optimism – it's backed by numbers that make sense in today's fragmented entertainment landscape. While $15M might not sound impressive compared to superhero openings, it's exactly the kind of performance that justifies continued investment in this genre.

What we're witnessing might be the emergence of a new paradigm for action franchises: theatrical releases that serve as marketing launches for their true destination on streaming platforms. It's not the most glamorous path, but it's sustainable, profitable, and gives audiences what they want. In an industry obsessed with billion-dollar grosses, there's something admirable about knowing exactly what you are and thriving within those parameters.

Does the success of franchises like “Den of Thieves” suggest that mid-budget action films aren't dying but rather evolving for a new era? How do you value theatrical releases versus streaming availability for this genre of film?

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TAGGED:Christian GudegastDen of Thieves 2: PanteraGerard Butler
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