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This Article is From Jul 16, 2019

‘Spider-Man’ Tops Theaters Again Before ‘Lion King’ Pounces

(Bloomberg) -- “Spider-Man: Far From Home” held on to the top spot in theaters this weekend, benefiting from a lack of tough competition and adding to the haul for Sony Pictures' Marvel superhero.

  • The film took in $45.4 million at U.S. and Canadian theaters, researcher Comscore Inc. said Monday, thanks to light competition from two new movies. “Crawl,” a thriller from Viacom Inc.'s Paramount Pictures, opened in third place, while “Stuber,” a comedy from Walt Disney Co.'s Fox studio, landed in fourth. Forecasts for “Spider-Man” ranged from $41.7 million to $48.4 million.

Key Insights

  • A weekend without a major new family film was a big plus for Sony Corp.'s film division. Spider-Man is the studio's only A-list superhero, and the movie has now taken in $847 million in global ticket sales after just two weeks in worldwide release. That put the company's North American ticket sales ahead 18% for the year.
  • Competition heats up this coming weekend when Disney unleashes the live-action remake of “The Lion King.” Despite tepid reviews and a recommendation from just 61% of critics on Rotten Tomatoes, Box Office Pro projects $175 million to $200 million in sales for the debut.
  • Theater chains continue to struggle with tough year-over-year comparisons. Weekend sales for the top 10 films were down 22% from a year earlier, when a “Hotel Transylvania” sequel and “Skyscraper” led in revenue.

Get More

  • See the weekend release schedule here.
  • See Box Office Pro's long-range forecast

To contact the reporter on this story: Hailey Waller in New York at hwaller@bloomberg.net

To contact the editors responsible for this story: James Ludden at jludden@bloomberg.net, Rob Golum, Kevin Miller

©2019 Bloomberg L.P.

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