Jem and the Holograms FLOPPED! And it's a good thing.

Jem and the Holograms made history... As the one of the worst opening ever.

Box Office Mojo reports:

Next we come to two of the year's biggest flops, Jem and the Holograms and Rock the Kasbah. I went as low as I comfortably could with my sub-$5 million predictions on both of these new titles, but even that proved generous as neither title managed to top even $1.6 million this weekend.

Coming in with an estimated $1.5 million from 2,012 theaters, Rock the Kasbah sports a paltry $750 per theater average. You might think that's bad, and it's certainly not good. In fact, that's the fifth worst opening ever for a film playing in more than 2,000 theaters, just a bit worse than August's We are Your Friends in fact. But it wasn't the worst the weekend had to offer.

Tallying a mere $547 per theater average from 2,413 theaters, Universal's Jem and the Holograms brought in an estimated $1.3 million, the fourth worst opening for a film in more than 2,000 theaters and the worst for a film playing in more than 2,400 theaters. Despite the lackluster result, the financial picture for Universal isn't at all troubling as the film was reportedly made on only a $5 million budget.

Personally, I'm glad it failed. It was a horrible idea and film. As a hardcore fan, I was insulted with this version. To see it crash and burn was great. It was proof that we will not accept any old movie. We want and deserve better.