Even if there is a new virus, don’t underestimate Spider-Man your neighborhood Spider-Man. Despite rising concerns over the omicron variant, “Spider-Man: No Way Home” not only shattered pandemic-era box office records; it became the third best opening of all time behind “Avengers: Endgame” ($357.1 million) and “Avengers: Infinity War” ($257.7 million).
Sony and MarvelAccording to estimates by the studio on Sunday, blockbuster generated a staggering $253 million from ticket sales in North America, with 4,325 locations. This was also a new record for December. The web-slinger’s success couldn’t have come sooner for a movie business that has had a rollercoaster 2021 and could be headed for a difficult start to 2022 as the omicron variant of the coronavirus forces more and more event cancellations.
“This weekend’s historic ‘Spider-Man: No Way Home’ results, from all over the world and in the face of many challenges, reaffirm the unmatched cultural impact that exclusive theatrical films can have when they are made and marketed with vision and resolve,” said Tom Rothman, Sony Pictures Chairman and CEO, in a statement. “All of us at Sony Pictures are deeply grateful to the fabulous talent, both in front of and behind the camera, that produced such a landmark film.”
In its five days playing in theaters internationally, it’s amassed $334.2 million in ticket sales, bringing its global total to $587.2 million against a $200 million production budget. It has not yet opened in Thailand or Japan and no date for China.
As the third standalone Spider-Man film in the Tom Holland era, “No Way Home” was always going to be an “event film” for fans. Sony delayed its release several times throughout the year, but it finally launched in time for Christmas. As of last week, they had predicted a $130-150 million pandemic-level opening. But it quickly became clear that “Spider-Man” was going to fly much higher. The film netted an incredible $121.5 million in its first day — bumping “Star Wars: The Force Awakens” out of the No. 2 position.
Directed by Jon Watts, “No Way Home” picks up with Holland’s Peter Parker grappling with the world finding out about his superhero identity, and features Zendaya, Marisa Tomei and Benedict Cumberbatch as Doctor Strange. This added fuel to the feverish excitement that resulted in lines at theaters and sold-out shows all across the nation.
“For the target audience, this is absolute must-see, required viewing,” said Paul Dergarabedian, the senior media analyst for Comscore. “There is no way fans were going to opt out because of omicron.”
To see the film at the highest quality possible, many moviegoers paid top dollar. According to IMAX estimates that $36.2 million is generated by large-format screens.
“‘Spider-Man: No Way Home’ is an exclamation point on the comeback we’ve seen at the box office in 2021,” said Rich Gelfond, CEO of IMAX. “With these historic results, IMAX continues to see blockbuster releases generate box office at or exceeding pre-pandemic levels.”
And it’s not just fans who have been giving the film good marks: Reviews have been overwhelmingly positive as well. It has a 94% “fresh” rating on Rotten Tomatoes.
Holland, on Instagram, thanked the audience for the record number.
“You made this possible. Your love and support means the world to me,” Holland wrote on Saturday. “Thank you thank you thank you and if you haven’t seen Spider-Man no way home yet… merry Christmas and you know what to do.”
Be sure to get there before the weekend ends Sony’s “Venom: Let There Be Carnage”With $90.1 million, held the record of best pandemic opening.
But it wasn’t all celebrations at the box office this weekend. In Spider-Man’s wake were some high-profile casualties, including Guillermo del Toro’s star-studded “Nightmare Alley,” which grossed a mere $3 million from 2,145 theaters. It opened in fifth place behind “Spider-Man,” “Encanto” ($6.5 million), “West Side Story” ($3.4 million) and “Ghostbusters: Afterlife” ($3.4 million).
“Nightmare Alley” had prestige and awards buzz behind it, with a cast including Bradley Cooper, Cate Blanchett and Rooney Mara, but a week after Steven Spielberg’s “West Side Story” underwhelmed, it’s a stark reminder of moviegoing realities during the pandemic and the power of the Marvel fanbase.
The one-movie rule has meant that one Marvel movie often takes the top spot in the box office. Including “No Way Home,” Marvel releases will make up five of the top six films of the year, including “Shang-Chi and the Legend of the Ten Rings,” “Venom: Let There Be Carnage,” “Black Widow” and “Eternals.”
And lest anyone was holding onto hopes that “West Side Story” would have a profitable “Greatest Showman” run after its lackluster start, the 20th Century Studios release fell 67% in its second weekend in theaters, bringing in only $3.4 million.
However, Spider-Man can also benefit the entire industry as it enters 2022.
“It’s almost hard to describe how important this debut is to an industry that was beset with one of the biggest challenges in its history in the pandemic,” Dergarabedian said. “To have this resounding mandate in favor of the movie theater experience as expressed in these numbers that even just a few months ago were unthinkable makes this a watershed moment for movie theaters that I think will be discussed for decades.”
According to Comscore, Friday-Sunday ticket sales are estimated at approximately $2.5 billion in U.S. theaters and Canada. On Monday, the final domestic figures will become public.
1. “Spider-Man: No Way Home,” $253 million.
2. “Encanto,” $6.5 million.
3. “West Side Story,” $3.4 million.
4. “Ghostbusters: Afterlife,” $3.4 million.
5. “Nightmare Alley,” $3 million.
6. “House of Gucci,” $1.9 million.
7. “Eternals,” $1.2 million.
8. “Clifford The Big Red Dog,” $400,000.
9. “Resident Evil: Welcome to Raccoon City,” $280,000
10. “Venom: Let There Be Carnage,” $220,000