Weekend Box Office Report: December 31, 2021 – January 2, 2022

The weekend box office report is provided by Daniel Garris, courtesy of BoxOfficeReport.com.

Weekend Estimates Update:

Sony’s Spider-Man: No Way Home grossed an estimated $52.70 million this weekend to comfortably remain in first place at the box office for a third consecutive frame. Spider-Man: No Way Home declined 38 percent from last weekend. Normally that wouldn’t represent the greatest hold over New Year’s weekend when the Christmas and New Year’s holidays fall during their respective weekends, but given this year’s other holds among holdovers in wide release, it was quite respectable as holdovers in general didn’t hold up as well as usual for New Year’s weekend as a result of the current state of the theatrical marketplace due in part to the ongoing COVID-19 pandemic. In the bigger picture, Spider-Man: No Way Home registered the eighth largest third weekend gross of all-time and the ninth largest weekend gross of any frame since the re-opening of domestic theatres.

Spider-Man: No Way Home also passed the $600 million domestic mark this weekend. Spider-Man: No Way Home is only the eleventh film to reach the unadjusted $600 million milestone and currently ranks in tenth place on the all-time domestic list with a massive 17-day take of $609.89 million. In the coming days, Spider-Man: No Way Home will zoom past 2017’s Star Wars: The Last Jedi ($620.18 million) and 2012’s Marvel’s The Avengers ($623.36 million) to move into eighth place on the all-time domestic list. This weekend Spider-Man: No Way Home received an additional boost from getting back the portion of IMAX screens it lost to The Matrix Resurrections last week. As a result, Spider-Man: No Way Home held up very well on IMAX this weekend with an estimated $5.1 million domestically. That brings the current domestic IMAX total for Spider-Man: No Way Home to $52.4 million, which represents 8.6 percent of the film’s overall domestic gross.

Spider-Man: No Way Home also continued to amaze internationally this weekend with an estimated $78.3 million from 61 markets. That represented a 35 percent decline from last weekend. Respective totals for Spider-Man: No Way Home stand at $759.0 million internationally and $1.369 billion globally. Total grosses for the film through Sunday by market include $92.4 million in the United Kingdom, $64.9 million in Mexico, $51.4 million in South Korea, $50.2 million in France, $42.0 million in Australia, $40.2 million in Brazil, $34.2 million in India, $34.0 million in Russia and $29.5 million in Germany. Next weekend Spider-Man: No Way Home will open in Japan on Friday (January 7) and in the the Philippines on Saturday (January 8). Spider-Man: No Way Home grossed an estimated $3.3 million from international IMAX screens this weekend, which brings the film’s international IMAX total to $30.7 million and global IMAX take to $83.1 million.

Universal’s Sing 2 held steady in second place with an estimated $19.60 million. The computer animated film from Illumination declined a slim 12 percent from last weekend’s three-day opening weekend. While that hold wasn’t as strong as usual for an animated film the weekend after Christmas weekend, it’s nonetheless a very good hold in the current theatrical environment and represented one of this weekend’s stronger percentage holds among current wide releases. With a healthy twelve-day total of $89.68 million, Sing 2 is about to zoom past the $91.32 million current domestic total of Encanto to become the highest grossing animated film domestically since the re-opening of theatres. With the aid of strong holiday midweek business this past week, the current total gross to opening weekend ratio for Sing 2 already stands at 4.02 to 1. Going forward, Sing 2 could continue to hold up well, thanks in part to its strong word of mouth and to no new computer animated films currently being scheduled for wide release until Disney and Pixar’s Turning Red enters the marketplace on March 11.

Internationally, Sing 2 held up very nicely this weekend by grossing an estimated $17.2 million from 48 markets. Respective totals through Sunday for Sing 2 stand at $54.9 million internationally and $144.6 million globally. Sing 2 received a boost from opening in additional markets this weekend, with the film’s highest grossing new market this weekend being Ukraine with $1.2 million. Additional estimated totals by market for Sing 2 through Sunday include $12.7 million in France, $7.6 million in Mexico, $5.4 million in Australia, $4.6 million in Russia, $3.6 million in Spain, $1.8 million in Italy and $1.7 million in Sweden. This coming week Sing 2 will open in South Korea on Wednesday (January 5) and in Brazil on Thursday (January 6).

Disney and 20th Century’s The King’s Man is estimated to win a fairly close three-way race with Lionsgate and Kingdom Story’s American Underdog and Warner’s The Matrix Resurrections, to finish in a distant third this weekend. The King’s Man was down just 24 percent from last weekend to take third with an estimated $4.50 million, while American Underdog declined a solid 31 percent to place in fourth with an estimated $4.08 million and Warner’s The Matrix Resurrections tumbled a very sharp 64 percent to fall to fifth with an estimated $3.83 million (clearly mixed word of mouth, losing its IMAX screens and also continuing to be available via streaming on HBO Max all took a toll on The Matrix Resurrections this weekend). Respective total grosses stand at a disappointing $30.90 million for The Matrix Resurrections through twelve days, at $19.52 million for The King’s Man over the same twelve days and at a promising $15.01 million for American Underdog through nine days. Going forward, The King’s Man and American Underdog are both likely to continue to hold up much better than The Matrix Resurrections will, especially given that both films had significantly stronger per-location averages than The Matrix Resurrections this weekend.

Internationally, The King’s Man grossed an estimated $14.1 million this weekend from just 22 markets, while The Matrix Resurrections took in an estimated $13.7 million from 76 markets. Through Sunday, respective totals stand at $75.1 million internationally and $106.0 million globally for The Matrix Resurrections and at $28.3 million internationally and $47.8 million globally for The King’s ManThe King’s Man will open in a number of new markets throughout the world next weekend (including Australia, Brazil, Germany & Italy) and in Russia the following week on Thursday, January 13. Meanwhile, The Matrix Resurrections will open in both China and the Netherlands on Friday, January 14.

Estimated weekend grosses for other major holdovers this weekend included $2.10 million for Disney and 20th Century’s West Side Story (down 26 percent from last weekend), $1.44 million for Sony’s Ghostbusters: Afterlife (up a strong 17 percent from last weekend), $1.25 million for United Artists Releasing and MGM’s Licorice Pizza (a so-so decline of 35 percent), $1.18 million for Sony’s A Journal for Jordan (down an underwhelming 47 percent), $1.05 million for Disney’s Encanto (a decrease of 42 percent), $0.972 million for Disney and Searchlight’s Nightmare Alley (a decline of just 18 percent) and $0.788 million for United Artists Releasing and MGM’s House of Gucci (down only 14 percent from last weekend). Respective total grosses stand at $123.39 million for Ghostbusters: Afterlife (through 45 days), at $91.32 million for Encanto (through 40 days), at $49.01 million for House of Gucci (over the same 40 days), at $29.56 million for West Side Story (through 24 days), at $7.58 million for Nightmare Alley (through 17 days), at $6.34 million for Licorice Pizza (after 9 days of semi-wide release and an additional 29 days of platform release) and at $4.74 million for A Journal for Jordan (through 9 days).

Read more at BoxOfficeReport.com

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