Box Office: ‘Spider-Man,’ ‘Sing 2’ Top Christmas, ‘Matrix’ and ‘King’s Man’ Get Sidelined

Sony’s Spider-Man: No Way Home dominated the Christmas box office, grossing $138.6 million from 4,336 North American theaters over the five-day holiday period to finish with $467.3 million domestically and more than $1 billion globally on Sunday.

No Way Home has broken multiple milestones since its debut last weekend, becoming the first picture of the pandemic age to cross the $1 billion mark at the global box office.

It also had the third-best Christmas Day gross of all time in North America ($31.7 million) for a weekend gross of $81.5 million. According to Sony, the film’s 10-day domestic total of $467.3 million is the second-best ever for the month of December and the third-best for any superhero picture.

Both The Matrix Resurrections and The King’s Man underperformed in their first weeks, as males mostly remained with Spidey. The two films, as well as Sing 2, were released on Wednesday.

Matrix Resurrections, from Warner Bros. and Village Roadshow, struggled to reach $22.5 million. Warner Bros. and Village Roadshow had expected at least $40 million during the Wednesday-Sunday period. Audiences, on the other hand, did not react well to the combination of dismal exit scores and a B- CinemaScore. The film grossed $12 million in three days.

The Matrix revival, which is playing in 3,552 theaters, debuted concurrently on HBO Max, which is likely reducing its box receipts.

20th Century Fox and Disney’s King’s Man likewise fell far short of expectations, with an estimated five-day launch of $10 million from 3,180 locations, including $6.4 million for the three-day weekend.

Both King’s Man and Matrix need a strong showing among older male viewers, but older customers continue to avoid cinemas in greater numbers due to COVID-19 concerns.

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