Sony’s latest offering, Spider-Man: No Way Home is performing exceptionally well at the box office, and the movie is still set to bring in massive profits.
So far, Sony’s latest venture into the Spiderverse, Spider-Man: No Way Home, has grossed, over $1.217 billion at the box office, globally, to become the biggest movie in the history of Sony.
The movie has set the record by crossing the previous record holder, its predecessor, Spider-Man: Far From Home ($1.131 billion). The James Bond movie, Skyfall ($1.108 billion) is the third movie, from Sony to cross the $1 billion mark at the global box office.
It is remarkable to note here that Spider-Man: No Way Home is performing extremely well during this time of the Covid-19 pandemic. In addition to that, it is bringing in big numbers for the studio, breaking records and it seems raking in massive profits as well.
As per a report from Deadline, in early numbers, Spider-Man: No Way Home is slated to rake in $242 million in net profits, after expenses. The report further mentioned that if the theatres remained open, despite the rising surge in the number of Covid cases, globally, the final profits could go up to $610 million.
Twenty five per cent of the production budget, which amounts to $50 million, was paid for by Disney’s Marvel. The Disney company will be making twenty five per cent of the final profits, which could amount to up to $150 million.
Spider-Man: No Way Home Is Out In Theatres, Globally
According to the Deadline report, Spider-Man: Homecoming, had made a profit of $200 million. On the other hand, Spider-Man: Far From Home had made a profit of $339 million. And now, if Spider-Man: No Way Home crosses the $600 million profit mark, the movie will be set to make a bigger profit than Star Wars: The Last Jedi ($417.5 million) and Avengers: Infinity War ($500 million).