On top of that Spider-Man: Homecoming had the 2nd best opening of the summer, easily taking the top spot away from Despicable Me 3.
Spider-Man: Homecoming debuted to $117 million in North America, the 2nd best start of the summer behind Guardians of the Galaxy Vol. 2 ($146.5 million) and ahead of Wonder Woman ($103.3 million). As far as Sony Pictures’s top opening weekends go, Spider-Man: Homecoming sits behind only Spider-Man 3 ($151.1 million). When comparing it to the previous five Spider-Man movies it’s not exactly apples to apples since only three of them opened on a Friday (Spider-Man 2 and The Amazing Spider-Man started on a Wednesday and a Tuesday respectively). Homecoming did open quite a bit higher than the The Amazing Spider-Man 2 ($91.6 million) and slightly above Spider-Man ($114.8 million). Of course adjusting for 15 years of ticket price inflation pushes the 2002 film ahead, but at the same time those were different times.
In the Marvel Cinematic Universe Homecoming‘s $117 million start ranks 7th, very respectable and higher than any other one of their first solo films. Reviews are great and word of mouth is through the roof, so I’m expecting solid box office legs from Homecoming, possibly a multiplier (US total divided by open weekend) around 3. That would give the film as much as $350 million domestically, making it the 3rd most successful Spider-Man movie behind the Sam Raimi directed first two ($403.7 million and $373.6 million). Let’s hope this is enough for Sony to extend their deal with Marvel Studios beyond the current 3 (Sony) and 3 (Marvel) picture deal.
Despicable Me 3 fell 53.6% to 33.6 million in 2nd. After 10 days in theaters the animation has $148.8 million in the US, running $30.4 million ahead of the first Despicable Me but $49.1 million and $67 million behind Despicable Me 2 and Minions. While this 4th installment is still doing very well, especially considering its rather modest (by animation standards) $80 million budget, that’s a big drop from the last two and it’s a sign that maybe families (at least in the US) are starting to grow a bit tired of Gru and his minions. Despicable Me 3 should end up between $200 million and $250 million domestically.
Baby Driver turned in $13 million, down 36.7% in 3rd. The Edgar Wright directed surprise hit is up to $57.1 million in 12 days. That’s better than anyone could have realistically hoped for and it’s by far the director’s highest grossing movie in the US (previously Scott Pilgrim vs The World with $31.5 million). Right now Baby Driver looks to be headed for $80-90 million domestically, more than twice its reported $34 million budget.
Wonder Woman continues to perform exceptionally well, down only 37.5% (despite the superhero competition) in its 6th weekend with $9.8 million. That puts Wonder Woman at $368.5 million and counting. Also Wonder Woman is currently running $2.5 million ahead of Guardians of the Galaxy Vol. 2 through the same point (39 days), which means Wonder Woman will eventually overtake Vol. 2 and become the summer’s top release domestically. But that’s not all, with $400 million in the US becoming increasingly more probable each day, finishing above $403.7 million (Spider-Man) would make Wonder Woman the all-time highest grossing superhero origin story.
Transformers: The Last Knight rounds out the top 5 with just $6.4 million after losing another 62.2%. The 5th Transformers film is underperforming big time in the US with $119 million in 19 days. At the rate The Last Knight is falling $130-135 million is probably the most Paramount can expect from this, at least domestically.