The Standard Journal

‘Spider-Man’ leaps to 2nd-highest opening in US box office history

- By Brian Eckhouse

LOS ANGELES — Sony Group’s much-anticipate­d “Spider-Man: No Way Home” is setting box office records.

The film had the secondhigh­est opening day in the history of the North American box office, Sony said, trailing on Walt Disney Co.’s “Avengers: Endgame.” It also had the best December opening of all time, the studio said.

Friday’s ticket sales of $121.5 million came after the $50 million it brought in during Thursday’s previews, Sony said, far surpassing the pandemic-era opening high set almost three months ago by the studio’s “Venom: Let There Be Carnage.”

Sony is now projecting $242 million for the weekend — beating the total $212.4 million the studio

is anticipati­ng through the weekend for Venom — and exceeding its earlier threeday target of $130 million for its latest movie.

The opening day has “massively exceeded” earlier expectatio­ns of $100 million for the weekend, said Paul Dergarabed­ian, a senior media

analyst at market researcher Comscore Inc., “with an expected full weekend tally that astonishin­gly will place it among the Top 5 openers of all-time.”

“No Way Home” is providing a desperatel­y needed jolt for cinemas that endured months of pandemic-prompted closures, followed by a bumpy recovery that’s seen even strongly reviewed films flop. Theaters are expected to collect about $4 billion in ticket sales domestical­ly this year, a fraction of the $11.4 billion generated in 2019.

“No Way Home” delivered the best opening night of all time for Cinemark Holdings Inc., the theater chain said Friday. For AMC Entertainm­ent Holdings Inc., the biggest operator, “No Way Home” scored its biggest December opening night ever, with 1.1 million admissions, and second highest of all time.

Boxoffice Pro forecasts a North American opening weekend of $224 million for “No Way Home.”

AMC, a meme stock that’s seen big swings this year, rose 19% on Friday to $29.12. Cinemark, meanwhile, was up 0.3% to $16.21.

 ?? Matt kennedy/sony Pictures/Tns ?? MJ (Zendaya) and Spider-Man (Tom Holland) jump off a bridge in “Spider-Man: No Way Home.”
Matt kennedy/sony Pictures/Tns MJ (Zendaya) and Spider-Man (Tom Holland) jump off a bridge in “Spider-Man: No Way Home.”

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