Original movies are over-performing, despite box office slump
Elizabeth Wagmeister on box office
Peter Parker’s good fortune continued over the holiday weekend as Hollywood prepares to close the books on a turbulent 2021. Even with some mighty competition from new "Matrix" and "Sing" movies, and rising concerns over the omicron variant, "Spider-Man: No Way Home" stayed in the No. 1 spot and netted a few more milestones too including crossing the $1 billion mark globally.
According to studio estimates Sunday "Spider-Man" added $81.5 million over the three-day weekend, down 69% from its first weekend. The Sony and Marvel film has now grossed $467 million from North American theaters, more than doubling the domestic grosses of 2021′s previous No. 1 film, "Shang-Chi and the Legend of the Ten Rings."
With $587.1 million from 61 overseas markets, in just 12 days of release, "Spider-Man" has grossed $1.05 billion globally. It's the first film of the pandemic to cross $1 billion and is tied with "Star Wars: The Force Awakens" for being the third-fastest film ever to do so — and this without the benefit of its release in China.
Universal’s "Sing 2" came in second place with an estimated $23.8 million, while Warner Bros.' "The Matrix Resurrections" grossed $12 million to take third place.
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