'Spider-Man: Homecoming' Hoping for $100-Million-Plus Opening Weekend
by EG
Sony's and Marvel Studios' Spider-Man: Homecoming should cast a powerful web when swinging into theaters this weekend.
If prerelease tracking is correct, the critically acclaimed reboot should fly past $100 million in North America, although Sony is being more conservative and suggesting $80 million. Spider-Man's sixth outing on the big screen, in this third different franchise, is also opening in numerous overseas locations, roughly 60 percent of the international marketplace.
The big-budget tentpole is a rescue mission for several reasons. Not only does it reboot Sony's marquee superhero franchise at a time when the studio is in sore need of a box-office win, it comes at a tipping point for the domestic summer box office. In rather worrying news, box office revenue has fallen more than 10 percent behind that of 2016 after a string of event films underperformed (Guardians of the Galaxy Vol. 2 and Wonder Woman being the big exceptions).
Read the rest of this article at The Hollywood Reporter.
Last weekend's top movie was Despiable Me 3.