Box Office: ‘Spider-Man: Homecoming’ Debut at $117-M in North America
$SNE, $DIS, $AMZN, $LGF, $CMCSA
Spidey has returned home in style.
Sony (NYSE:SNE) and Marvel Studios’ reboot posts the 3rd-best opening of the year so far behind ‘Beauty and the Beast’ and ‘Guardians of the Galaxy Vol. 2.’
Spider-Man: Homecoming opened to $117-M from 4,348 theaters at the North American box office at the weekend in a major victory for Sony Pictures, which partnered with Disney’s (NYSE:DIS) Marvel Studios in rebooting the marquee Superhero franchise.
Overseas, Spidey’s Homecoming opened strong web with an estimated $140-M from its 1st 56 markets for a global take of $257-M
Homecoming boasts a 94% certified fresh rating on Rotten Tomatoes, as well as a franchise-best A CinemaScore from audiences.
No other movie opened nationwide opposite Spider-Man: Homecoming.
Among the holdovers
Universal, a unit of Comcast (NASDAQ:CMCSA) and Illumination Entertainment’s Despicable Me 3 declined 53% to $34-M from 4,535 theaters for a 10-day domestic total of $149.2-M and global box office take of $300-M+.
The heist thriller Baby Driver followed at # 3 in North America with $12.8-M from 3,226 theaters for a 12-day total of $56.9-M Vs a modest $34% net budget. The pic fell just 38% in its 2nd frame.
Wonder Woman placed # 4 in its 6th weekend with $10.1-M for a domestic tally of $368.8-M and $745.8-M at the worldwide box office.
Transformers: The Last Knight rounded out the Top 5 with $6.3-M in its 3rd weekend for a North American total of $118.9-M. Overseas, The Last Knight earned $357.7-M to date for a worldwide box office of $494.6-M.
At the specialty box office
The Big Sick moved into the Top 10 as it expanded into 326 theaters. The Amazon Studios and Lionsgate (NYSE:LGF) release grossed $3.7-M to place #8. The Big Sick is set to expand nationwide Friday.
A Ghost Story, starring Casey Affleck and Rooney Mara, took in $108,067 from 4 cinemas for a theater average of $27,017, the Top average of the weekend. A24 is releasing the unique film, made on a budget of $100,000.
Amazon Studios (NASDAQ:AMZN) and IFC’s documentary City of Ghosts opened to $16,290 from 2 cinemas in New York City for a screen average of $8,120. City of Ghosts premiered at the 2017 Sundance Film Festival.
Have some fun, see a movie this week.
Latest posts by Paul Ebeling (see all)
- Gold in Rally Mode, Investment Strategy - July 19, 2019
- Ferrari’s (NYSE:RACE) New SF90 Stradale HyperSuper Car, How it Works - July 19, 2019
- Fed’s Balance Sheet is in the Trillions, Rate Cut Signals No Further Shrinking - July 19, 2019