'Spider-Man: Far from Home' Has a Huge Holiday Weekend
by EG
After a number of disappointing sequels this summer, experts have suggested that moviegoers are growing tired of franchises. But maybe they're just growing tired of the franchises that are particularly tired. Some franchises are still very hot. Read on for details.
Talk about fireworks.
In a win for Sony and Kevin Feige's Marvel Studios, Spider-Man: Far From Home scored a sensational six-day launch of $185.1 million from 4,634 North American theaters, including a near-record $93.6 million over Fourth of July weekend. Globally, it now has amassed $580.1 million.
The only tentpole to have earned more over Independence Day weekend was Transformers: Dark of the Moon in 2011 ($97.9 million), not adjusted for inflation. Far From Home did, however, top Spider-Man 2 to boast the biggest six-day July Fourth debut of all time. It also is Sony's best six-day opening ever.
Overseas, the pic earned another $238 million for a foreign total of $395 million (it opened early in China, Japan and Hong Kong). China added $30.6 million for a total there of $167.4 million. Among new markets, South Korea led with a strong $33.8 million, followed by the U.K. with $17.8 million, Mexico with $13.9 million and Australia with $11.9 million. Overall, the film is pacing 46 percent of Spider Man: Homecoming.
Far From Home's better-than-expected performance is welcome news for the struggling box office, where a number of summer franchises' installments have lagged.
That wasn't the case for Far From Home. The superhero pic came in well ahead of the $117 million, three-day bow of its immediate predecessor, 2017's Spider-Man: Homecoming. Both that film and Far From Home were made by Sony in partnership with the Disney-owned Marvel.
Far From Home picks up after the events of Marvel and Disney's blockbuster Avengers: Endgame, as Tom Holland's Peter Parker (aka Spider-Man) and Samuel Jackson's Nick Fury adjust to a world without Iron Man and other key Avengers to defend it. It also is the last chapter in Phase 3 of the Marvel Cinematic Universe.
Get the rest of the story at The Hollywood Reporter.
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