Spiderman: No Way Home Crosses $1BN Mark

Marvel’s Spiderman: No Way Home becomes the first film to cross the $1 billion mark post-pandemic.

Spiderman: No Way Home gains the appreciation of critics and fans alike. It becomes the first post-pandemic film to hit $1 billion globally. Surprisingly, the film achieved this benchmark within the time frame of 12 days. 

The children and adults alike rushed to their nearest cinema. Additionally, people anxiously waited to book the show’s first viewing. Audience members dressed up as either the hero or the villains in the movie. Moviegoers stood in queues waiting for the experience of a lifetime. 

Hollywood hasn’t seen a film hit those numbers for two years. Spiderman: No Way Home took the throne away from China’s ‘The Battle at Lake Changjin’. The latter was grossing at a whopping $902 million. However, Marvel achieved this milestone without playing Spiderman: No Way Home in China. The Chinese audience currently accounts for the largest moviegoing market. 

The film was domestically able to earn $81 million from 4,336 North American theatres over the weekend. Contrary to this, only a handful of COVID-era films have seen this kind of success in their entire running period. 

Furthermore, the movie has made $121.4 million over the weekend in the international market. Tallying up the totals to date brings the revenue to a whopping $587 million. 

Why were Marvel Fans drawn towards Spiderman: No Way Home?

Currently, the movie is streaming alongside The Matrix: Resurrection. But as the former is available on HBO’s streaming platform, there’s no urgency to see it in a cinema. 

As Matrix is readily available, it’s further pushing the ticket sales of Spiderman. In addition, a sense of nostalgia moved the audience towards an increased number of viewings. This emotional belonging contributed towards an upward trend in ticket sales. 

The reappearance of the original villains in the trailer mesmerized the Marvel fanatics. Everyone was seeing being in awe. The casting, coupled with all the previous Spiderman, was something to only watch at theatres in all its glory. The star-studded cast is one of the major reasons that dragged the audience to the theatres. 

The prequel of Spiderman: No Way Home currently is the franchise’s highest-grossing film to date. It has achieved the milestone of $1.132 billion in global tickets. Visually appealing aesthetic and heart-wrenching action scenes have become the studio’s signature. 

Marvel and Sony: Collaboration of the Decade?

Marvel’s collaboration with Sony has born fruitful results. The two studios have decided to share the character rights of Spiderman. This move enabled the studio to integrate Spiderman into its broad cinematic universe. 

As we move towards the future, it is expected that more comic book movies will make a move towards theatres. Marvel Cinematic Universe is more than just a studio. It’s a culture that binds audiences from all age groups together.

What do you think is in store for the future of Spiderman’s place in the MCU? 

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