Connect with us

Hi, what are you looking for?

News

Top Gun: Maverick soars past $1B, overtakes Doctor Strange 2 as the highest-grossing movie of the year globally

A SCENE from the film Top Gun: Maverick.

LOS ANGELES — Paramount’s all-American blockbuster Top Gun: Maverick is still flying high at the box office, crossing the coveted $1 billion over the weekend.

With those ticket sales, the movie has overtaken Disney’s Marvel adventure Doctor Strange in the Multiverse of Madness ($943 million) as the highest-grossing movie of the year at the global box office.

Prior to this weekend, the sequel to Tom Cruise’s 1986 action flick Top Gun was already the highest-grossing movie of the year at the domestic North American box office, with revenues currently at $521 million. Along with $484.7 million at the international box office, Maverick has grossed $1.006 billion worldwide.

ELVIS VS MAVERICK
In an unusually close box office battle, Elvis and Top Gun: Maverick have tied for first place in North America, with each film bringing in $30.5 million over the weekend.

The two films were locked in a close battle all weekend as the King of Rock and Roll took the No. 1 spot on Friday and dropped to second place on Saturday. The final results will be tallied on Monday.

Regardless of which film comes out on top, it’s a strong result for both. For Elvis, a $30 million debut is impressive for a movie catering to older audiences. For Maverick, it’s almost unheard of for a movie to generate $30 million in its fifth weekend of release.

Overall, it’s an encouraging weekend at the box office as five movies are putting up sizable results. Four — Elvis and fellow newcomer Universal’s Blumhouse thriller The Black Phone, as well as holdovers Top Gun: Maverick and Jurassic World Dominion each grossed $20 million or more, while a fifth, Disney’s Pixar film Lightyear, came close with $17 million.

Moreover, those ticket sales wouldn’t be far off from pre-COVID projections. Those healthy box-office returns come as audiences have reportedly started to feel safer than ever going to their local cinema. According to a study by the National Research Group, 88% of moviegoers are “very or somewhat comfortable” going to the movies — marking a new all-time high. Around a year ago, that percentage was closer to 59%.

Baz Luhrmann directed Elvis, a kaleidoscopic take on the 20th century icon. Austin Butler stars as the king of rock and roll in Elvis, which chronicles the performer’s meteoric rise to fame through the eyes of his manager, Colonel Tom Parker (played by Tom Hanks). Audiences dug the film, awarding it an A- CinemaScore.

David A. Gross, who runs the movie consulting firm Franchise Entertainment Research, called Elvis a “risky proposition,” one that seems like it will pay off.

“The music is dated, the character is not directly familiar, and the lead actor is unproven on the big screen. But critics and audiences are responding,” Mr. Gross said. “This is the Baz Luhrmann show, a music, dance and sex appeal spectacular — it’s a hit.”

The nostalgia-fueled sequel to 1986’s Top Gun has benefitted greatly from stellar word-of-mouth, which has resulted in minuscule week-to-week drops. Now in its fifth weekend of release, Maverick added $30.5 million from 3,948 venues between Friday and Sunday, pushing its domestic total to $521 million. It was already the highest-grossing movie of the year in the US and Canada, but after this weekend, it’s now the highest grossing movie at the global box office as well with $1.006 billion to date. Notably, it’s the first movie of the year and only the second in COVID times (following Sony’s Spider-Man: No Way Home with $1.9 billion) to fly past the $1 billion mark. — Reuters

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

PHILIPPINE STAR/ MICHAEL VARCAS WASHINGTON D.C. — The United States is seeking to form a coalition of countries to drive negotiations on a global...

News

Buildings are seen along EDSA in Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Diego Gabriel C. Robles  THE WORLD BANK (WB) upgraded...

News

Heavy traffic is seen on the southbound lane of EDSA in Cubao, Quezon City. — PHILIPPINE STAR/ MIGUEL DE GUZMAN THE PHILIPPINE auto industry’s...

News

REUTERS THE BANGKO SENTRAL ng Pilipinas (BSP) may deliver a second off-cycle rate hike in early November when the US Federal Reserve is expected...

News

Vendors arrange their goods at a public market in Manila. — PHILIPPINE STAR/ RUSSEL A. PALMA THE ASIAN Development Bank (ADB) is planning to...

Editor’s Pick

With the reversal of the 1.25% rise in National Insurance Contributions happening on the 6th of November, employers across the nation have an opportunity...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.