‘Spider-Man: No Way Home’ becomes first pandemic-era film to break $1 billion at global box office



Tom Holland and Benedict Cumberbatch are in Spider-Man: No Way Home.

The movie "Spider-Man: No Way Home" has made $1 billion at the global box office, making it the top movie of all time.

The co-production between Sony and Disney is the first film to surpass this benchmark during the Pandemic and has also claimed the title of highest-grossing movie of 2021. The last film to reach $1 billion was the movie "Star Wars: The Rise of Skywalker" in 2019.

The latest film in the cinematic universe, "The Battle of Lake Changjin," a Chinese film that was released in November, has earned $904.9 million worldwide.

The sprint to $1 billion by Spider-Man: No Way Home is nothing short of astonishing, said Paul Dergarabedian, senior media analyst at Comscore. The movie shows the power of a great movie to draw fans around the world to enjoy the shared and communal experience that only the movie theater can provide.

Audiences went to the theaters last weekend to see "No Way Home" before it was leaked online. They are returning for more viewings.

The film is expected to bring in around $82 million during its second weekend, a 69% drop from its debut. Between the first and second weekend, most films drop between 50% and 70%.

Shawn Robbins, chief analyst at Box Office.com, said that the partnership between Sony and Disney was a great benefit to both.

The deal was brokered by the two companies and would allow Spider-Man to appear in a movie. The agreement meant that Spider-Man could appear in other films and that the character would be involved in Spider-Man's solo projects.

Tom Holland has appeared in six films in the Cinematic Universe, including three solo features. Disney and Sony split production costs and box office receipts.

The second-highest box office run of any Spider-Man film released in theaters was achieved by Spider-Man: Homecoming, which made $880.4 million worldwide. The highest grossing film of all time was Spider-Man: Far From Home, which made over $1 billion in global ticket sales.

Robbins said that the circle could reap rewards for a long time to come and with characters beyond Spider-Man. The results of the past few years have shown it to be in the best interest of everyone for such a partnership to endure, and perhaps even inspire other tag-teams throughout the industry.