Thursday, October 24, 2024

‘Venom: The Last Dance’ Waltzes In With Strong China Start; Global Debut Now Heading to $165M – International Box Office

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Sony’s Venom: The Last Dance chomped into its first suite of international box office markets today, with the Marvel symbiote nabbing a strong $9.3M start in China.

This is the biggest opening day for a superhero film since Spider-Man: Far From Home in the market, and portends a five-day launch in the upper $30M neighborhood there. The start is also above recent Hollywood releases, though not apples-to-apples since other movies opened across a traditional weekend.

These days, anything above a $20M debut in China is icing for the studios. The early social score from Maoyan is a 9 and we are waiting on critical responses. These scores can certainly impact the outcome over the next few days.

The second Venom movie, Let There Be Carnage, did not release in the market while the first one did gangbusters at a $107.7M bow (historical rates). It finaled at $269.2M (again, historical conversion), and had a 9.1 social score. Maoyan is currently predicting an $82.5M total run for the Tom Hardy threequel.

As we noted yesterday, Venom: The Last Dance has been looking at a potential $150M global opening with $85M of that from overseas; the latter number now looks to shoot higher (read $165M) if China delivers a high $30Ms 5-day.

Directed by Kelly Marcel and co-written by Marcel and Hardy, The Last Dance will be out in 90% of the footprint through Friday with France and Japan joining later in the run.

We will have updates throughout the weekend…

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