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The business of entertainment.

Dec 19, 2021, 8 tweets

#SpiderManNoWayHome crushed box office expectations, generating a mammoth $253 million in North America. After only three days, the release is already the highest-grossing film of this year bit.ly/3mdngeX

#NoWayHome is zooming past opening weekend tickets sales for behemoths like "Star Wars: The Force Awakens," "Jurassic World" and "Black Panther." It is the eighth film to cross $200 million in ticket sales at the domestic box office in a single weekend bit.ly/3mdngeX

#SpiderManNoWayHome captured $334 million overseas and $587 million globally, ranking as the third-biggest worldwide opening weekend ever bit.ly/3mdngeX

“This weekend’s historic results reaffirm the unmatched cultural impact that exclusive theatrical films can have when they are made and marketed with vision and resolve,” says Tom Rothman, Sony Pictures Motion Picture Group chairman and CEO bit.ly/3mdngeX

#SpiderMan is turbo-charging the box office because superheroes sell. Its performance doesn’t reverse fortunes for the beleaguered theater business. Rather, it punctuates the reality that multiplexes are more reliant than ever on big-budget spectacles bit.ly/3mdngeX

For better or worse, #SpiderMan landed on the big screen in the nick of time. The film’s remarkable performance coincides with the rapid spread of the Omicron variant of COVID-19, which is already leading to closures in N.Y. bit.ly/3mdngeX

So far, any fears over developing variants haven’t made a dent in #NoWayHome. Unless moviegoing confidence takes a sudden nosedive, box office analysts expect the film to play and play… and play in theaters, well into the new year bit.ly/3mdngeX

See our complete box office breakdown bit.ly/3mdngeX

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