Just to be clear, it's not Cinemark refused to play Raya but Disney didn't give their film on lower terms.
I am not sure how much Hollywood studios get, but Indian films get as high as 60% from Cinemark while AMC and Regal are usually 45-50%. And again, the only loss from Cinemark is probably where Cinemark is the only theater or best theater of area. It's not like AMC or other theaters were overflowing with demand.
Yeah I guess some folks would have missed it for some membership they have with Cinemark or whatever.
Raya opened lower than T&J in almost every market in the world. T&J is just bigger IP. I wasn't really seeing how Raya open bigger than T&J but since most here were thinking so, so I guess...
That said, going by 2nd weekend, I think T&J will do around $40-45M DOM. Raya if WOM is there, can still catch it. Internationally it will beat T&J almost certainly if weekend trend is anything to go by.