'Spider-Man: Homecoming' swings to big box office opening

Spider-Man Homecoming Balances Old with the New
Score 90%Score 90
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10 July, 2017

Historically, Hollywood studios holding the film rights to Marvel comic book characters - such as Sony with Spider-Man, or 20th Century Fox with its X-Men franchise - have maintained creative ownership of their superhero properties.

"Spider-Man: Homecoming", budgeted at around $175 million with Tom Holland in the title role, opened over the weekend with an estimated $117 million domestically, according to the studio.

Overseas, it took in $140 million from 56 markets, more than any prior "Spider-Man" film in the same set of countries.

Despite the reliability of superhero movies at the box office, "Homecoming" could have been seen as a big bet for all parties involved. Sony made the unorthodox decision to team with Kevin Feige's Marvel Studios after the two Amazing Spider-Man pics lagged well behind the original Spider-Man film trilogy. The pic, directed by Jon Watts, also stars Michael Keaton, Jon Favreau, Zendaya, Marisa Tomei, Donald Glover and Tyne Daly also star. However, Homecoming still trails behind 2007's Spider-Man 3 ($151 million) when it comes to the biggest opening box office for a Spider-Man movie, despite having opened to better reviews from fans and critics (a rare A on Cinemascore compared to Spider-Man 3's B+).

Homecoming's ranking in the Spider-Man pantheon changes when adjusting for inflation.

In terms of the Marvel Cinematic Universe, Homecoming enjoyed the seventh biggest opening behind Iron Man 2 on $128.1 million. "It's safe to say it's a triumphant return for Spider-Man".

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No other movie dared open nationwide opposite Spider-Man: Homecoming.

Despicable Me's second weekend domestic finish is an estimated $34 million. Starting with "Despicable Me 3", which is headed for a $34 million second frame, or a 53% drop from last weekend.

The Edgar Wright action-musical Baby Driver held well in third with $12.8 million (£9.9 million) in its second week.

Transformers: The Last Knight rounded out the top five in its third weekend, delivering $6.3 million and pushing its domestic total to just shy of $120 million.

"Wonder Woman" was fourth with $10.1 million, bringing its six-week domestic total to more than $368 million.


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