Spider-Man: No Way Home is ruling the box office and how

Los Angeles:

Sony and Marvel’s new Spider-Man: No Way Home It had the third-largest domestic opening of all time, grossing an estimated $253 million in its massive North American weekend opening. Box office watchers are making optimistic predictions, with analysts touting it as the first potentially billion-dollar-grossing film of the pandemic era. Its box office sales are of 2019 only avengers: endgame ($357 million) and last year Avengers: Infinity War($258 million), according to the BoxOfficeMojo website. Spider Man Easily exceeded initial estimates of $130-150 million.

Industry watcher Exhibitor Relations reported Sunday that the new superhero blockbuster is on track to gross $600 million overseas. And this comes as theaters continue their battle with the months-long Covid-induced shutdown.

“It’s an incredible start,” David A. Gross, who runs the franchise’s entertainment research, told AFP. While most of the big chains struggle to maintain their momentum, he said, Spider Man It’s bursting.”

However, analysts warn that the industry’s recovery still has a long way to go, especially amid fears of a new surge in coronavirus cases fueled by the Omicron version. The latest Spider-Man installment is the third solo outing from British star Tom Holland in the wildly popular role, played by Tobey Maguire and Andrew Garfield in previous films.

When it comes to big openings, Webslinger has form. The original 2002 film starring Maguire was the first film in cinema history to gross over $100 million in its first weekend.

Breaking $1 Billion Worldwide

no way home Plot straight 2019’s . picks up from away from home, which saw Peter Parker being publicly exposed by the villainous Mysterio. For no way home To do $1 billion worldwide business, the film will certainly need to do well in China, where it hasn’t been given a release date yet.

Although the 2021 movie is on the way to nearly double the box office at the theaters last year, there have been more misses than hits. films geared toward older audiences, such as those by Steven Spielberg west story, Normally bombed, last weekend only opened for $10.5 million.

The other top films this weekend were pushed to the far edge. Disney’s encantoAn animated fantasy with music by Lin-Manuel Miranda finished second with $6.3 million for the Friday-to-Sunday period, according to Exhibitor Relations.

of the 20th century story of the westAnsel Elgort and Rachel Ziegler play star-crossed lovers in the mean streets of New York, slipping to third place with just $3.4 million.

Sony’s was in fourth Ghostbusters: Afterlife, the latest chapter in that supernatural franchise, that too for $3.4 million. And in fifth was Searchlight’s new crime thriller nightmare alley, Despite strong reviews, the Guillermo del Toro film only grossed $3 million.

Rounding out the top 10 were: house of gucci ($1.9 million). Eternal ($1.2 million). Clifford the Big Red Dog ($400,000). Resident Evil: Welcome to Raccoon City ($280,000) and Dune ($240,000).

(Except for the title, this story has not been edited by NDTV staff and is published from a syndicated feed.)