Box Office: ‘Spider-Man: Homecoming’ Debut at $117-M in North America 

 Box Office: ‘Spider-Man: Homecoming’ Debut at $117-M in North America 

 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.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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