The latest Spider-Man movie has crossed the global $1 billion mark over the weekend.
The film added $587.1 million to its already remarkable domestic gross in just 12 days since its release.
Spider-Man: No Way Home stayed in the No. 1 spot and netted a few more milestones as well. The accomplishments come amidst strong competition from new Matrix: Resurrections and Sing 2 movies and rising concerns over the Omicron variant.
The newest Marvel movie stars Tom Holland, Zendaya and Benedict Cumberbatch.
It is the third fastest movie to reach the billion-dollar milestone. In 2019, Avengers: Endgame and Avengers: Infinity War did so in five days and 11 days, respectively.
Star Wars: The Rise of Skywalker was the last movie to achieve $1 billion in ticket sales when it hit theaters in December 2019. The latest Spider-Man is the first movie to reach $1 billion in ticket sales since the beginning of the COVID pandemic.
According to studio estimates Sunday, Spider-Man added $81.5 million over the three-day weekend, down 69 percent from its first weekend when it became the film with the second-highest opening box office ever behind Avengers: Endgame.
The film has now grossed $467 million from North American theaters, more than doubling the domestic grosses of 2021’s previous No. 1 film, Shang-Chi and the Legend of the Ten Rings.
In total, the film made $1.05 billion as of Sunday. This comes as a great success for Sony and Marvel. The movie cost $200 million to make, according to Variety.
It deserves high praise, chiefly for its treatment of its predecessors. Where its contemporaries are cannibalising older works for cheap nostalgia and un-earned acclaim, “No-Way Home” takes the achievements of those that came before it and builds upon them while making their contributions crucial to its own story. It was the Spiderman’s own End-Game some 20 years in the making, the catharsis and sense of closure of the final act left everything Marvel has done since End-Game in the dust . It’s a demonstration of what a good writer can do with a legacy and what every other hack at Disney ought to have done with the trove of works at their disposal.
Great moves by Sony with their Marvel movies. Recently heard that Venom 2 broke the $500m barrier while Shang Chi has only hit $432m and is Disney’s top Marvel movie this year followed by Eternals at $400m and Black Widow at $380m. This inter-company competition should be a very good thing for the consumers. Just as allowing other studios besides EA to make/publish Star Wars video games.