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Box Office Report – Spider-Man Returns to His First Place Home

Spider-Man had a triumphant introduction to the Marvel cinematic universe with last year’s Captain America: Civil War and this past weekend the web-swinger took back his rightful place at the top of the box-office. Spider-Man: Homecoming made its presence known in its debut with an impressive estimated take of $117 million dollars.

The sixth film based on Marvel Comics’ most popular character has been repackaged for the modern era, with actor Tom Holland taking over the role in a memorable fashion. The movie has been certified fresh on Rotten Tomatoes and promises to hang around the top ten films for weeks to come. This is the beginning of an ambitious plan for the superhero by Sony Pictures and Marvel Studios, so it will be interesting to see where the character goes over the next few years.

Despicable Me 3 held on to second place with an estimated $33.5 million dollar pull in its second week in theaters. The animated sequel has already made over $148 million dollars domestically and is on the verge of doubling its production budget. While Illumination Studios has found success outside of the Minion’s franchise with movies such as The Secret Life of Pets, this is still their main money-earner. Despite some heavy competition in the coming weeks, expect Despicable Me 3 to continued to draw audiences.

Edgar Wright’s Baby Driver had a huge second weekend by making an estimated $13 million dollars and losing only about 36% of is opening weekend’s audience. It would seem that this would be a signal to skeptics that original filmmaking ideas do still make it to the theaters. This is a huge triumph and seems to be a huge green light for the sequel that Wright has already begun work on.

Coming in fourth place was Wonder Woman which continues to astonish at the box-office. In the film’s sixth week of release, it made an estimate $9.8 million dollars which pushed its domestic total to over $368 million dollars in total. It seems that the movie still has a few weeks of gas left in the tank, so it will be interesting to see where the DCEU’s most successful movie lands in the end.

Transformers: The Last Knight continued its astronomical plummet at the theaters by pulling in a paltry $6.3 million dollars in its third week of release. This is the clearest sign that American audiences have grown nauseated by Michael Bay’s vision of the Transformers. It’s now up to the international market to carry the fifth film in the franchise across the finish line, as it has accounted for 75% of its worldwide gross of $496 million dollars. While the total is large, it’s far from the billion dollar successes of sequels from the past. It looks as if it’s finally time for the franchise to transform or face true extinction.

Here is the complete box-office breakdown for the weekend of July 7th-9th, 2017.

TW LW Title (click to view) Studio Weekend Gross % Change Theater Count / Change Average Total Gross Budget* Week #
1 N Spider-Man: Homecoming Sony $117,027,503 4,348 $26,915 $117,027,503 $175 1
2 1 Despicable Me 3 Uni. $33,580,425 -53.6% 4,535 +6 $7,405 $148,771,085 $80 2
3 2 Baby Driver TriS $13,002,721 -36.7% 3,226 $4,031 $57,135,793 $34 2
4 4 Wonder Woman WB $9,822,105 -37.5% 3,091 -313 $3,178 $368,473,296 $149 6
5 3 Transformers: The Last Knight Par. $6,376,578 -62.2% 3,241 -891 $1,967 $118,993,338 $217 3
6 5 Cars 3 BV $5,382,248 -44.5% 2,702 -874 $1,992 $133,479,660 4
7 6 The House WB (NL) $4,778,272 -45.2% 3,134 $1,525 $18,593,950 $40 2
8 12 The Big Sick LGF $3,576,646 +116.5% 326 +255 $10,971 $6,846,969 3
9 7 47 Meters Down ENTMP $2,714,172 -39.9% 1,740 -510 $1,560 $38,407,820 4
10 8 The Beguiled (2017) Focus $2,062,675 -34.8% 941 +267 $2,192 $7,412,009 3

 

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Source: Box Office Mojo

Braxter Timberlake

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