Less than two weeks after it hit theaters, "Spider-Man: No Way Home" has crossed the $1 billion mark at global box offices.
It is the first time a film has made a billion dollars in a year. "Star Wars: The Rise of Skywalker" was the last movie to reach the mark.
The movie was made by Sony and Disney and has become Sony's highest grossing film of all time in the US box office.
Spider-Man: No Way Home says happy holidays.
Tom Holland is the actor who plays the superhero in the third movie of the series.
The two movies that reached the $1 billion mark in less time were "Avengers: Endgame" and "Infinity War", both of which were released in less than a week.
Senior media analyst Paul Dergarabedian told CNN Business that what this represents is mind- ing. It's hard to wrap your mind around the fact that 'Spider-Man: No Way Home' is on its way to a billion dollars.
The monumental achievement of 'No Way Home' hitting this number cannot be overstated for this industry right now.
