Box Office: ‘Spider-Man: Far From Home’ Crosses $1B Mark

Sony and Marvel Studios’ ‘Spider-Man: Far From Home‘ has crossed the $1B mark at the global box office on Thursday. With the help of a domestic haul of $333M and over $672M from overseas, the movie officially passed the benchmark with a massive $1.005B overall gross, while becoming the first installment in the franchise to do so.

‘Spider-Man: Far From Home’ is Marvel’s third flick to cross the ambitious $1B mark this year, following ‘Captain Marvel‘ ($1.128B) and ‘Avengers: Endgame‘ ($2.79B). The Spidey flick also became the second movie from Sony to reach the milestone after ‘Skyfall’ ($1.108B) in 2012. Even though the second flick outperformed other ‘Spider-Man’ films in terms of box office figures, the $890M earned by ‘Spider-Man 3’ in 2007, excluding 3-D and Chinese market revenues, would be bigger than ‘Far From Home’s $1B haul!

The Tom Holland starrer is the eighth live-action flick in Sony’s ‘Spider-Man’ standalone franchise. Marvel chief Kevin Feige and Amy Pascal produced the movie which is a direct sequel to the 2017 reboot, ‘Spider-Man: Homecoming,’ which was the top grosser with a huge $880M gross till Thursday. Directed by Jon Watts from a screenplay by Chris McKenna and Erik Sommers, ‘Far From Home’ picks up the storyline of the Marvel Cinematic Universe Phase 3 after the events of ‘Avengers: Endgame.’ Tom Holland’s Peter Parker a.k.a Spider-Man and Samuel Jackson’s Nick Fury are seen struggling to cope-up with a world sans Iron Man and other Avengers in the movie.

The plot follows the 16-year-old Peter Parker to Europe for a school trip with his friends. But his vacation party is disrupted by Nick Fury who wants Spidey for a mission to save the world. Jake Gyllenhaal joins the Marvel Cinematic Universe as the shadowy character Mysterio, while Zendaya, Cobie Smulders, Jon Favreau, Jacob Batalon, and Marisa Tomei reprise their respective MCU characters in the sequel. ‘Spider-Man: Far From Home’ is an emotional affair for Marvel fans as it officially closed Phase 3 of the Universe. After 10 magnificent years of being one of the most significant pop culture icons, the Avengers returned to their Marvel home. The Spidey flick also gives us a glimpse of the upcoming Phase 4 of the Marvel Cinematic Universe which will feature a post-Thanos world. The fourth phase will reportedly introduce new superheroes to step into the shoes of Iron Man and other Avengers, more standalone franchises and crossovers within the Universe.

Some of the hotly-anticipated titles-release dates in brackets-in Phase 4 include ‘Black Widow’ (May 1, 2020), ‘The Eternals’ (November 6, 2020), ‘Shang-Chi and the Legend of the Ten Rings,’ (February 12, 2021), ‘Doctor Strange and The Multiverse of Madness’ (May 7, 2021), and ‘Thor: Love and Thunder’ (November 5, 2021). Tom Holland’s take on the swinging vigilante has become a fav-favorite and a bankable franchise for both Sony and Marvel. Obviously, Marvel is expected to provide another round for Tom Holland with rumors about ‘Spider-Man 3’ taking their rounds. Cover Image Courtesy: Sony.