Five years after the original Joker raked in over $1 billion and earned 11 Oscar nominations, director Todd Phillips returned with a sequel. The twist? Joker: Folie à Deux turned out to be a musical—and audiences walked out. The film landed a 34% critics score and a D CinemaScore, leaving viewers to wonder whether the gamble was worth taking.

Release Date: October 4, 2024 ·
Director: Todd Phillips ·
Lead Actors: Joaquin Phoenix, Lady Gaga ·
Budget: $190 million ·
Genre: Musical Psychological Thriller

Quick snapshot

1Confirmed facts
2What’s unclear
  • Final global box office totals beyond opening weekend
  • Streaming or VOD release plans
  • Long-term cult status or legacy perception
3Timeline signal
  • Oct 4, 2019: Original Joker smashes October record with $96.2M opening (Los Angeles Times)
  • Oct 4, 2024: Sequel opens to $40M—less than half the original (Los Angeles Times)
4What’s next
  • Climbing out of a box office hole with no clear recovery path
  • Facing comparison to the original’s Oscar success
  • Will streaming performance shift the narrative?

The comparison table below shows key differences between the two Joker films across budget, opening performance, and critical reception.

Label Value
Director Todd Phillips
Starring Joaquin Phoenix / Lady Gaga
Runtime From IMDb: 138 minutes
Setting Arkham State Hospital
Sequel To Joker (2019)
Rotten Tomatoes Critics Score 34%
CinemaScore D
Domestic Opening $40 million
Worldwide Opening $121.1 million
Production Budget $190 million

Is Joker: Folie à Deux Worth Watching?

Critical Reception

The Rotten Tomatoes consensus reads like a diagnosis: Joaquin Phoenix’s Joker “dances around a still story,” with Lady Gaga adding “verve” but unable to rescue the film’s structural problems (Rotten Tomatoes aggregate review). The critics’ verdict landed at 34%, a stark reversal from the original’s 68% approval rating. One reviewer at We Live Entertainment called it “not-so-exceptional” with “nothing to say and little to offer” (We Live Entertainment critique). However, a dissenting voice on Rotten Tomatoes called it “a masterpiece—ambitious and emotionally intelligent” (Rotten Tomatoes individual review), highlighting how polarizing the film remains.

The catch

The critical gap between the two films is enormous: the original earned 11 Oscar nominations while the sequel appears headed for box office oblivion. For viewers who loved Joker’s dark, grounded approach, the musical pivot may feel like a betrayal rather than evolution.

Audience Reactions

Moviegoers handed Joker: Folie à Deux a D on CinemaScore—rare territory for a major studio release (Los Angeles Times box office report). The audience score settled around 37% on Rotten Tomatoes, nearly matching the critics’ 39% (ComicBook.com audience analysis). That’s unusual: most tentpole films show a 20-point spread between critic and audience scores. The alignment suggests both groups rejected the same elements.

Pros and Cons

Upsides

  • Lady Gaga’s performance praised in some circles as elegant and surprising (AlloCiné French audience review)
  • Joaquin Phoenix’s commitment to the role remains evident
  • Bold creative swing that won’t bore viewers looking for something different
  • Some audiences found the musical elements “incredible”

Downsides

  • Film “reeked of hubris” and took audiences for granted, according to video essay analysis (YouTube flop analysis)
  • Musical format alienates fans of the gritty original
  • Critics say it undermines the first film’s fanbase (YouTube critical review)
  • $190M budget with no path to profitability
Bottom line: The implication: this film works only if you approach it without expecting a repeat of what made the 2019 original resonate. Those seeking a conventional Joker sequel will walk out frustrated. Those open to an experimental musical reinterpretation might find unexpected value.

Is Joker: Folie à Deux a Flop?

Box Office Performance

The numbers tell a clear story. Joker: Folie à Deux opened to $40 million domestically over its first weekend—October 4-6, 2024 (Los Angeles Times box office data). That’s less than half the original’s $96.2 million opening from 2019. Internationally, it earned $81.1 million, bringing the worldwide debut to $121.1 million (Los Angeles Times). Analysts had projected $50-65 million domestically, and the film fell short of even that lowered bar.

The upshot

With a $190 million production budget against a $121 million worldwide opening, Joker: Folie à Deux is already hundreds of millions in the red before marketing costs. The original earned over $1 billion globally on a $55 million budget—a ratio the sequel cannot approach.

Budget vs Earnings

The budget-to-opening ratio is brutal. The sequel cost roughly 3.5 times more to produce ($190 million vs. $55 million) while earning less than half the domestic opening. Thursday previews showed the pattern: $7 million for the sequel versus $13.3 million for the original (Los Angeles Times). Competing films only compounded the problem: The WildRobot pulled $18.7 million in its second weekend while Beetlejuice Beetlejuice continued its run with $10.3 million (Los Angeles Times).

Hit or Flop Verdict

By any commercial measure, Joker: Folie à Deux is a flop. The Los Angeles Times called it “a box office dud” (Los Angeles Times). Negative reviews plagued the film from opening day, unlike the original which rode a wave of critical acclaim to a billion-dollar gross (Los Angeles Times). The sequel had no such tailwind. Aggregate sites showed steady low scores holding throughout release day, with no signs of recovery (ComicBook.com).

Bottom line: What this means: Warner Bros. invested heavily in a follow-up to one of their highest-grossing films (ComicBook.com) and received an outcome that may take years to recover from financially. The flop classification isn’t in question; the only debate is how deep the losses will run.

Why Did Joker: Folie à Deux Fail?

Subversive Sequel Choices

The musical format represents the most cited reason for rejection. Reviews criticized the film for undermining fans of the first Joker by staying focused on Arthur Fleck rather than the mythic Joker persona (YouTube review). Harley Quinn exists to “resurrect Joker and lead Arthur Fleck in a musical,” a narrative choice that divided audiences (YouTube review). Some viewers saw it as a spiteful destruction of the first film’s appeal; others viewed it as a bold artistic statement.

Why this matters

The Rotten Tomatoes consensus captures the paradox: Phoenix’s Joker “dances around a still story” while Gaga adds verve. The film needed to decide whether it was an art piece or crowd-pleaser—and tried to be both, failing at each (Rotten Tomatoes).

Marketing Missteps

Video essays and reviews suggest the marketing struggled to position the film accurately. Was it a Joker movie? A musical? A romance? The ambiguity may have driven away both the original’s gritty-thriller audience and musical fans expecting something entirely different (YouTube analysis). Some analyses suggest the sequel attempted to appeal to “both pretentious film fans and Marvel opening-night crowds but failed both” (YouTube flop breakdown).

Audience Expectations

The original Joker redefined expectations for comic book films. It broke October box office records in the US and Canada (Los Angeles Times), earned 11 Oscar nominations, and became a cultural phenomenon. The sequel arrived five years later with a 3.5× larger budget and an experimental musical structure that few asked for. The expectation gap proved impossible to bridge.

Bottom line: The pattern: audiences came expecting either a repeat of the original’s dark intensity or a fresh superhero spectacle. The film delivered neither in the conventional sense, leaving a void that negative reviews filled. For viewers who wanted the first Joker, this wasn’t it. For those who wanted something entirely new, the musical elements may have felt gimmicky rather than inventive.

What Does Folie à Deux Mean in Joker?

Literal Translation

“Folie à deux” is French for “madness shared by two.” The term describes a shared psychotic disorder where two people develop identical delusions together. In the context of the film, it refers to the relationship between Arthur Fleck (Joker) and Harleen Quinzel (Harley Quinn) (YouTube review).

Plot Relevance

In the film, Arthur Fleck remains incarcerated at Arkham State Hospital, where he encounters Harleen Quinzel, a psychiatrist. Their relationship develops into the shared delusion that forms the film’s title. The musical numbers represent moments where both characters retreat into their shared fantasy world, separate from the grim reality of the asylum.

Thematic Ties

The title captures the film’s central theme: madness as a relational state rather than an individual one. While the original Joker explored one man’s descent into violence, the sequel asks whether that madness can only be sustained—or completed—through connection with another person. Lady Gaga’s Harley Quinn doesn’t merely observe Arthur’s transformation; she participates in it, co-creating the Joker mythology rather than simply witnessing it.

The paradox

The title promises a partnership, but the film ends with Arthur Fleck alone. Whether this represents the failure of the “folie à deux” or its ultimate success depends on interpretation—and critics remain deeply divided on which reading is intended.

Joker: Folie à Deux Cast and Behind-the-Scenes

Joaquin Phoenix and Lady Gaga Chemistry

The pairing of Joaquin Phoenix and Lady Gaga generated significant pre-release attention. Phoenix reprised his Oscar-winning role as Arthur Fleck/Joker, while Lady Gaga took on the Harley Quinn mantle. French audiences on AlloCiné praised the duo as an “elegant musical pair,” with some finding Lady Gaga’s performance exceeding expectations (AlloCiné spectator review). However, critics noted the chemistry struggled against the film’s structural flaws rather than elevated them.

Supporting Roles

The supporting cast includes various Gotham City figures, though the film keeps focus tightly on its two leads. Connor Storrie’s role as a young inmate drew curiosity from fans, though the character serves primarily to underscore Arthur’s isolation within the asylum walls.

Production Notes

Todd Phillips returned as director, having helmed the 2019 original to unprecedented success for a comic book film. The decision to pivot to a musical surprised industry observers, given the original’s grounded, non-superhero approach. The $190 million budget reflected high expectations—expectations that opening weekend failed to justify.

What this means: the creative gamble was always going to be polarizing. That the film polarized audiences toward rejection rather than enthusiasm reveals how large the expectation gap had grown during the five-year wait.

Timeline

Date Event
October 4, 2019 Original Joker theatrical release (Los Angeles Times)
October 4-6, 2019 Joker opens to $96.2M domestic, breaks October record
2020 Original Joker earns 11 Oscar nominations
September 4, 2024 World premiere and early reviews emerge
October 4, 2024 Joker: Folie à Deux theatrical release (ComicBook.com)
October 4-6, 2024 Sequel opens to $40M domestically amid poor reviews
October 6, 2024 Rotten Tomatoes scores reported: 34% critics, D CinemaScore

What Viewers Are Saying

Joker: Folie a Deux is a masterpiece. Not a once-in-a-generation masterpiece but an ambitious and emotionally intelligent film.

— Rotten Tomatoes reviewer

La performance de Joaquin Phoenix est admirable, celle de Gaga surpasse les attentes. Une paire musicale élégante.

— AlloCiné spectator review

Everything about Joker: Folie à Deux reeked of hubris. The studio took the audience for granted.

— YouTube film analyst

It’s not-so-exceptional. Nothing to say and little to offer.

— We Live Entertainment reviewer

Summary

Joker: Folie à Deux represents one of the more dramatic studio miscalculations in recent memory. The $190 million musical sequel opened to $40 million domestically—less than half the original’s debut—amid a 34% Rotten Tomatoes score and a D CinemaScore. Lady Gaga’s performance found defenders, particularly in international markets, and a small contingent of critics embraced its ambition. But the gap between the original’s cultural moment and the sequel’s rejection proves that audiences don’t automatically follow franchises into experimental territory, even with Oscar-winning talent attached. For Warner Bros., the financial damage is significant and likely permanent in terms of how the studio approaches the Joker property going forward.

Bottom line: Joker: Folie à Deux is a commercial disaster with a genuinely divided critical reception. Joaquin Phoenix delivers a committed performance that fails to overcome structural problems, while Lady Gaga’s musical contribution draws mixed reactions. Casual fans seeking a Joker sequel: skip it. Fans of bold, polarizing art-house experiments: stream it with low expectations and judge for yourself. Todd Phillips took an enormous creative risk—the audience simply didn’t share his appetite for the gamble.

Related reading: Spellbound (2024 Film) · The Haunting in Connecticut true story

Despite its disappointing $40M opening against a $190M budget, the full review and analysis delves into Phoenix and Gaga’s return alongside critical reception.

Frequently asked questions

Where can I watch Joker: Folie à Deux?

Joker: Folie à Deux was released theatrically on October 4, 2024. As of this writing, no streaming or VOD release date has been announced. Check major platforms for availability in the coming months.

What is Joker: Folie à Deux parents guide?

The film carries a strong R rating for violence, language, and sexual content. The musical elements include intense psychological scenes set in an asylum. Parents should note it has minimal connection to typical superhero film fare and contains mature themes consistent with the first Joker.

Who is the young inmate in Joker: Folie à Deux?

Connor Storrie plays a young inmate in Arkham State Hospital. The character primarily serves to highlight Arthur Fleck’s isolation and the institutional environment that shapes the film’s narrative.

What is Joker: Folie à Deux trailer about?

The trailer revealed the musical direction of the film, showing Joaquin Phoenix and Lady Gaga performing elaborate song-and-dance sequences while establishing the Arkham State Hospital setting. It drew immediate backlash from fans expecting a conventional sequel.

How does Joker: Folie à Deux connect to the first film?

The sequel continues Arthur Fleck’s story immediately after the events of Joker. He remains incarcerated following the murders that made him famous, where he encounters Harleen Quinzel. The musical numbers represent shared delusions between the two characters rather than literal events.

What genre is Joker: Folie à Deux?

The film blends psychological thriller with musical elements, described as a “Musical Psychological Thriller.” The unexpected genre shift is central to both its divisive reception and its commercial failure.