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Saturday, January 22, 2022

‘Spider-Man: No Way Home’ captivates audiences and replenishes studio treasures

“No Way Home” cost Sony and Disney at least $200 million to produce, not including the cost of a MW marketing campaign.

Movie theaters are facing huge hurdles, not the least of which is the Omicron coronavirus version, which has prompted a global surge of infections and stringent security measures. “The ‘Spider-Man’ numbers are sensational, but the business isn’t out of the woods until the Covid subsides and it’s treated as nothing like the flu,” said David A. Gross, who runs Entertainment Research, a film consultancy franchise. E-mail.

Look no further than “Nightmare Alley,” a grand noir thriller with an all-star cast that reached 2,145 North American theaters on Friday. It collected a disastrous $3 million, resulting in what Mr. Gross called “a reminder of the parts of the business that are still broken.” Directed and co-written by Guillermo del Toro, “Nightmare Alley” cost Searchlight Pictures, owned by Disney, an estimated $60 million to make.

Films aimed at older filmmakers — “Nightmare Alley,” “West Side Story,” “King Richard,” “The Last Duel” — struggled at the box office, in part held back because older women. , are particularly concerned. Analysts say coronavirus. In addition, the audience seems to be not in a dark and tough mood, and “Nightmare Alley” is pitch black.

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The long-running concern that superhero sequels and other fantasy spectacles are pushing more modest films out of theaters gained another proof point over the weekend. Steve Buck, chief strategy officer at EntTelligence, a research firm, said that “No Way Home” represented 90 percent of total film attendance; In North American cinemas, 62 percent of seats were dedicated to the film, playing in 4,336 domestic locations.

Ticket buyers gave “No Way Home” a rare A-plus grade in a CinemaScore exit poll, a sign that word of mouth will be strong and the film will continue to earn big in the weeks to come. The stretch between Christmas and New Year’s Day is traditionally the busiest movie-watching period of the year.

World Nation News Deskhttps://www.worldnationnews.com
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
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