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SPIDER-MAN: HOMECOMING Swings To Box Office Glory With $117 Million Domestic Opener

SPIDER-MAN: HOMECOMING Swings To Box Office Glory With $117 Million Domestic Opener

Over 15 years after the first Spider-Man movie became the first movie ever to gross over $100 million at the domestic box office, the third reboot of the series, Spider-Man: Homecoming, starring Tom Holland and made under the Sony/Marvel umbrella, became the 40 something movie to do so, with a $117 million debut over the July 7-9 weekend. The web-slinger netted another $140 million from about 60% of the overseas markets, which means that the movie, with a production value of $175 million, is already a profit for the studio.

Impressively, this is also the largest opening for a single-character intro since Iron-Man debuted just shy of $100 million in 2008. Released in 4,348 theaters, Homecoming is the second-largest opening of the year, behind Guardian of the Galaxy Vol. 2’s $146.5 million debut.

Spidey’s overseas tallies include impressive numbers around the world, such as $12 million in Mexico, $11.8 million in the UK (5 day total), $9.1 million in Brazil, $7.8m in Russia, and $7.6 million in Australia. The film has not even opened in major Western European markets like France and Spain, nor has it debuted in Japan and China.

In all, it has to be a happy return for the studio, with this becoming the second-highest grossing Spider-Man ever (not adjusted for inflation), and with an impressive 90%+ Rotten Tomatoes score that has toppled even Wonder Woman, the best reviewed comic book movie of the year. Sony seems to have successfully set the bar low on this one, but good critical reception and a fresh take no doubt helped the turn around from the disaster that the Andrew Garfield reboots were.

Moviegoers that went to see someone other than Peter Parker gave strong second weekends to Illumination‘s Despicable Me 3 and to Baby Driver, which finished second and third respectively with $34 and $12.75 million domestically, respectively. It was a particularly impressive number for Baby Driver, less than a 40% drop from opening weekend, buoyed no doubt by its impressive critical reviews and good word of mouth.

Two more big studio offerings, Wonder Woman and Transformers: The Last Knight, topped out the top five, adding $10 million and $6 million to their domestic cumulative totals, which now stand at an impressive $370 million and a disappointing $118 million, respectively. Cars 3 dropped to sixth place with $5.6 million and a total of $133 million. But Transformers’ play was always international, and it has netted over $375 million from overseas market, well above its $200 million or so production budget. Wonder Woman, meanwhile, just crossed the $745 million line.

Elsewhere, smaller studio offerings The Big Sick (eighth place at $3.65 million) and The Beguiled (tenth place at $2 million) did well in limited releases. A24’s A Ghost Story and IFC’s City of Ghosts opened in four and two theaters respectively, with the former netting over $100,000 and the latter only $16,000.

Warner Brothers’ disappointing The House and horror flick 47 Meters Down rounded out the top ten this weekend, with $4.8 and $2.8 million respectively.

Source: Box Office Mojo and ERC.com

About The Author

J. Don Birnam

J. Don Birnam, a voting member of the New York Film Critics Online, has been a movie lover since he saw the first Teenage Mutant Ninja Turtles film in theaters at a tender age, and has been a devoted student of American film history every since. His favorite films range from Back to the Future to West Side Story, depending on the time of day, and has a mildly unhealthy obsessions with the Academy Awards. Any similarity with the slightly unstable writer in the seminal 1944 film 'The Lost Weekend' is pure coincidence

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