We’ve been covering the box office for quite some time now. It’s been a rough year with the pandemic closing down cinemas for extended periods. After 2020, the new year started with a bang as Godzilla vs. Kong, F9: The Fast Saga and Black Widow started the return for the local box office to recover. So far, only Venom: Let There Be Carnage managed to inch close to it with around $90M in October. It seems like Spider-Man: No Way Home is pretty much set to break pandemic records, but it seems there’s some debate between predictions.
Sony seems to be taking a more conservative route, which makes sense. You never know how the box office may play during these uncertain times. As such, Sony is going in with a more conservative approach and predicting the film will make at least $100M with a potential high at around $150M. If you remember, we’ve shared predictions that saw the film even managing upward of $250M even during earlier predictions. Exhibitor Relations’ Jeff Bock, a senior analyst, believes that the impressive aspect will be its legs going into the new year:
Spider-Man: No Way Home’ isn’t just the most anticipated movie of the holiday season, it’s the most anticipated movie of the year. As we’ve seen from countless other superhero flicks in 2021, audiences will not only break the box office opening weekend, but have legs for months
Jeff Bock
Some time ago, early predictions and pre-sales already had the film en route to pass the $200M benchmark, which would be quite impressive even during non-pandemic times. Spider-Man: Homecoming made $117M back in 2017 with Spider-Man: Far From Home gaining $92M. Yet, even with a weaker opening weekend, the film managed to surpass the previous entry and even race past the $1B mark. Still, in these times it’s difficult to say if No Way Home would even manage a similar feat. You can be sure everyone’s going to keep a close eye on its release.
Source: CNBC, The Numbers
