MOVIE NEWS – The new Spider-Man movie is doing remarkably well at the box office

The film has grossed $1.217 billion at the box office worldwide, beating the previous record-holder, Spider-Man: Far From Home ($1.131 billion). Sony’s James Bond film Skyfall ($1.108 billion) is the third film from the studio to top $1 billion at the global box office.

No Way Home is not only doing big numbers in theatres during the pandemic, but it’s also making massive profits, apparently. Deadline reports that No Way Home is expected to make $242 million in net profit after expenses at this point in early numbers. But Deadline also reported that if theatres stay open despite the increase in COVID cases, the final profit could be around $610 million.

Marvel paid 25% of No Way Home’s production budget, or $50 million, and the Disney company will get 25% of the final profit, which could exceed $150 million.

By way of comparison, Spider-Man: Homecoming made a profit of $200 million, while Far From Home made a profit of $339 million. If No Way Home surpasses $600 million in earnings, it would be a bigger profit than Avengers: Infinity War ($500 million) and Star Wars: The Last Jedi ($417.5 million). If you are interested, read our review of the movie here.

Source: ezanime