Spider-Man: No Way Home could be Sony’s most profitable movie in history
Spider-Man: No Way Home is predicted Become the most lucrative movie in Sony history with $ 610 million in net profit.
As the Corona virus continues to affect audiences’ acceptance of movies and movies, or the closure of many entertainment venues around the world, the profitability of movie projects has fallen far short of ideal. However, Spider-Man: No Way Home became the first film to sell $ 1 billion in the post-Corona era.
Revenge from Spider-Man 3 has reimbursed all construction, advertising and co-production costs in the short term, bringing them a net profit of $ 242 million. However, if cinemas remain open with the arrival of the new Omicron wave and Spider-Man: No Way Home continues its current sales trend, we can expect Spider-Man’s new film to gross $ 610 million, grossing $ 610 million. Become the most profitable project in Sony’s history.
It should be noted that this forecast has not been provided by Sony and the economic sources of the film industry believe that No Way Home can easily break the world box office record of $ 1.13 billion Spider-Man: Far From Home Pass in 2019. Based on this, it is said that sales statistics No Way Home It will gross $ 1.75 billion, including $ 1 billion in revenue from the rest of the world (excluding China) and $ 750 million in domestic sales in the United States.
Spider-Man: Far From Home It has sold a total of $ 28 million in Japan, and the final fate of No Way Home will likely be determined after its release on January 7. Spider-Man 3 has now grossed $ 587.1 million worldwide and $ 470.3 million in the United States and Canada, for a total of $ 1.057 billion.
$ 610 million makes No Way Home the most lucrative movie in Sony history. Spider-Man: Homecoming And Spider-Man: Far From Home, the previous two episodes of Spider-Man They generated $ 200 million and $ 339 million for Sony, respectively. In addition, the film Jumanji: Welcome to the Jungle with nearly $ 1 billion in sales It also had a profit of $ 305.7 million Avengers: Infinity War, a joint project of Marvel and Disney, has generated $ 500 million in net revenue. Star Wars: The Last Jedi and Star Wars: The Rise of Skywalker also grossed $ 417.5 million and $ 300 million, respectively.
But at the box office, the home theater network will bring in about $ 825 million for Sony. Sony has spent $ 200 million on the movie, and P&A costs $ 248 million worldwide. Sony has set aside $ 202 million for global branding and $ 288 million for its advertising partners. Distributing the movie on the home network at a lower cost brings in $ 405 million in net revenue to Sony.
The powerful performance of a movie at the box office also affects the value of companies’ contracts with streaming services. In addition, $ 80 million from overseas home entertainment networks, $ 25 million from free US television networks, and $ 35 million from pay-TV networks, plus $ 130 million from international networks.
Disney, which now owns Marvel, will cover 25 percent of the film’s production costs ($ 50 million) and will receive 25 percent of its net profit. Also starring Tony Stark, Nick Fury, Happy and Benedict Cumberbatch in Spider-Man movies, and Spider-Man in Marvel movies from Disney.
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