According to The Hollywood Reporter:
Sources say Warners still believes in the franchise, even if the studio is “somewhat disappointed” with Green Lantern’s result.
Over the weekend, Green Lantern fell a steep 66% at the domestic box office, grossing $18.4 million for a cume of $89.3 million. That’s a big decline.
Warner Bros. president of domestic distribution Dan Fellman said the movie is settling in, pointing out that fanboy pics often see a significant drop-off in their second weekends
I, however, fall into the ‘not surprised’ category, because there needs to be other DC heroes other than Supes and Bats on a screen, at least one more. Also with a sequel they don’t need to mess with the origin story, they could expand out the corps a little, loads of possibilities. This is also not news to some because it was expected that this was budding to be a franchise.
As for the drop, yes, that is a shock – “all those fanboys out there” Who knew. No seriously- couldn’t someone just say that you knew Pixar’s Cars 2 was coming the next week?