Weâve got some bad news for Jack Reacher fans. Though Paramountâs feature film adaptation of the popular Lee Child book series character made a respectable $15 million on opening weekend and now stands at just a hair over $70 million for its total domestic gross, apparently the filmâs box office performance isnât likely to warrant the production of a sequel. The Tom Cruise-starrer was developed as a potential franchise given the bounty of Jack Reacher source material in Childâs books, but a new report states that the current $153 million worldwide total gross of director Christopher McQuarrieâs pic is short of Paramountâs benchmark for moving forward with a sequel, and the possibility of a follow-up now hinges on the filmâs performance in other international territories.  Hit the jump for more details.Sources tell THR that McQuarrieâs adaptation of the novel One Shot must do âexceptional business in key Asian territoriesâ in order to justify moving forward with another Jack Reacher film. Against a reported budget of $60 million (not counting marketing), the picâs worldwide total now stands at $153 million. Apparently Paramount says the film must make $250 million worldwide in order to warrant a follow-up, which means the actioner has a ways to go when it opens in the Asian territories.Cruise has always been a draw in Asian markets and the film stands to make some serious coin when it hits theaters in Japan, China, and Korea, but whether it can manage $100 million or so remains to be seen. If the film does hit the magic number, THR cautions that the studio would still need to negotiate a deal with Cruise that would keep the sequelâs budget at about the same number as the first film. In short, the odds look to be stacked against Jack Reacher 2: More Reaching.Jack Reacher was in no way a bad film, and McQuarrie showed particular talent in crafting some exciting action and fight sequences, but the pic just didnât make the waves that Paramount was hoping. We should hear more word on the sequelâs status as Jack Reacher starts opening in the Asian territories, but I wouldnât hold my breath for a follow-up. Cruise isnât exactly at a lack of future projects, though, as he and producer J.J. Abrams are developing another Mission: Impossible film with McQuarrie reportedly being eyed for the directorâs chair.
JACK REACHER Sequel Unlikely to Move Forward
Jack Reacher Sequel Unlikely. A sequel to the Tom Cruise action film Jack Reacher is unlikely to move forward due to poor box office performance.