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"Spider-Man- No Way Home" Becomes First Marvel Franchise To Cross $1 Billion

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According to the makers of the Spider-Man franchise, “Spider-Man: No Way Home” is the latest Marvel franchise to cross $1 billion at the global box office. The film has made $1.05 billion worldwide so far. It is and is also the only film during the pandemic period to make $1 billion worldwide.

While the film reached the landmark 12 days after it was released, 2019’s “Avengers: Endgame” and “Avengers: Infinity War” attained that mark in less time, at 5 days and 11 days, respectively.

It is the first film to reach $1 billion since “Star Wars: The Rise of Skywalker,” which was released in December 2019. Sony also said that “No Way Home” is now the top-grossing film of the year worldwide.

“Spider-Man:No Way Home” features Tom Holland and Zendaya as Peter Parker and MJ as they combat villains from across the Marvel multiverse.

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The film made by Sony and Disney’s Marvel Studios has had a wonderful run at the box office, particularly since the world is still amid a pandemic.

“No Way Home” made highlights with a record-breaking opening weekend at the North American box office last weekend bringing in $260 million. That was the second-largest domestic opening of all time.

That opening was the best ever for the Spider-Man franchise and Sony Pictures in the month of December.

“What this represents is quite mind-boggling,” Paul Dergarabedian, senior media analyst at Comscore (SCOR), told CNN Business. “These numbers would be very impressive in the pre-pandemic era, but for ‘Spider-Man: No Way Home’ to sprint to a billion dollars in this marketplace is hard to wrap your mind around.”

“The monumental achievement of ‘No Way Home’ hitting this number cannot be overstated for this industry right now,” he added.

Source: The Guardian

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