'Black Panther' is box-office king for third straight week

Simon Moss
March 7, 2018

Black Panther has broken many box office records. The latest Marvel film has grossed $501.1 million in North America in 17 days, enough to become the 10th highest grossing film in US history, so far.

Disney and Marvel's Black Panther continues to lead the charge, pulling in an estimated $16.3 million on Friday with early estimates looking at a $63+ million weekend, which means that $500 million mark by the end of the weekend is going to be close.

Jennifer Lawrence's "Red Sparrow" thriller and Bruce Willis' "Death Wish" remake hit theaters nationwide this weekend. It should soon shoot past the billion-dollar mark worldwide.

Thanks to a $13 million opening in Russian Federation and a $2.4 million start in Japan, Black Panther's global gross has climbed to $397 million.

The film has now raked in over $500m after just 17 days in theatres, making it the 10th highest-domestic-grossing movie in history.

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Marking the 18th installment of the Marvel Cinematic Universe, Black Panther stars Chadwick Boseman as the titular superhero, a.k.a. T'Challa, who rules and protects the secretive, technologically advanced nation of Wakanda.

The setting of the movie takes place two years after King T'Chaka was assassinated in the events of Captain America: Civil War. The 20th Century Fox release was probably hoping for at least $20 million here, so it's a slight disappointment. I don't expect it to hang around very long, but it only cost MGM $30 million to make, so add in some foreign box office and they should have a victor in the end.

Sony Pictures Classics (NYSE:SNE) waited until Oscar weekend to open the Israeli film Foxtrot, which is up for best foreign-language feature. The film also doesn't open in the growing Chinese market until March 9, where advance ticket sales are said to be on par with last year's Spider-Man: Homecoming, which opened to a cool $69 million there. Peter Rabbit has passed $80 million domestically and I predict this is the final week that the animated film will be in the top five.

Coming in at No. 2 is "Red Sparrow" with $17 million, followed by "Death Wish" at No. 3 with $13 million, "Game Night" at No. 4 with $10.7 million and "Peter Rabbit" at No. 5 with $10 million. In seventh is "Jumanji: Welcome to the Jungle", which added $4.5 million in its 11th weekend and is nearing $400 million domestic with a current total of $393 million.

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