‘Spider-Man: Far From Home’ Nets $1 Billion Box Office Haul
Not bad for a sticky-fingered kid from Queens. Spider-Man: Far From Home crossed the billion-dollar mark at the global box office on Thursday, becoming the first Spider-Man film to do so (not adjusting for inflation).
After a bravura opening across the Fourth of July box office swung past analysts’ predictions (which had lingered somewhere in the $150-60 million range) to net the Marvel-Sony collaboration a tremendous $185 million domestically, many predicted the Jon Watts-directed superhero sequel would eventually break $1 billion.
“This is a billion-dollar movie,” ComScore Senior Media Analyst Paul Dergarabedian told Fortune. He had predicted an over-performance for the film at the holiday box-office.
Tom Holland stars as the titular hero in the eighth Sony-made Spider-Man pic, which also stars Zendaya, Jake Gyllenhaal, and Samuel L. Jackson. By end of day Thursday, the film will have crossed $333 million domestically, with a $672 overseas haul lifting it to a total of $1.005 billion.
Accomplishing the feat three weeks after its release, Far From Home becomes the second Sony title to cross such a lofty threshold. The first was Skyfall, its James Bond co-production with MGM, making $1.1 billion total back in 2012.
Far From Home is now leaps and bounds past Spider-Man: Homecoming, the previous high-water mark for the Spider-Man series (at $880 million worldwide) and Marvel’s first outing with the web-crawler since reaching a deal with Sony to use the character in its Marvel Cinematic Universe.
That Far From Home has so far surpassed Homecoming’s gross is another sign of Marvel’s box-office indomitability in the wake of Avengers: Endgame. That climactic entry in the MCU recently dethroned Avatar to become the highest-grossing film of all time; it’s widely believed that Endgame, especially when rereleased into theaters this month in a successful attempt to crush Avatar’s record, gave Far From Home the box-office boost it needed to cross $1 billion.
“It had a perfect lead-in with both Avengers: Endgame, and its $2 billion worldwide gross, but also that movie’s bring-back event, which really paid it forward in a sense,” Degarabedian had told Fortune previously. “Even though Endgame is a Disney movie, it’s still true that Spider-Man, even being Sony, is a part of the Marvel family. It was a great way to tee it up.”
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