Spider-Man: No Way Home Made $610 Million In Profit For Sony
Spider-Man: No Way Home made a whopping $610 million in profit for Sony. Co-produced by Marvel Studios and Columbia Pictures (a sub-division of Sony), No Way Home is the 27th overall film in the Marvel Cinematic Universe and the third Spider-Man movie featuring Tom Holland as the titular webslinger alongside his trusty sidekicks Ned (Jacob Batalon) and MJ (Zendaya). Since its opening weekend on December 17, it was clear that No Way Home would be a phenomenal financial success.
In its first weekend in theaters, No Way Home grossed $260 million domestically, beating out Avengers: Infinity War as the second-highest opening weekend of all-time behind Avengers: Endgame. The Spider-Man movie continued to break records by overtaking No Time to Die as the highest-grossing Hollywood movie of the year worldwide and soon after, it crossed the $1 billion mark in just 12 days, the only movie to do so since the start of the COVID-19 pandemic. No Way Home's last notable achievement was surpassing Avatar to become the third-grossing movie ever at the domestic box office.
Related: No Way Home Proves Spider-Man Doesn't Need To Be An Avenger Anymore
Now, a new report from Deadline sheds light on how wildly profitable Spider-Man: No Way Home was for Sony. The movie netted "well north of $610 million in profit" for the studio, according to estimates by industry finance sources. Sony points to their commitment to the theatrical model as the reason for the film's massive box office success.
No Way Home ended its theatrical run with nearly $1.9 billion grossed at the worldwide box office and $804 million domestically. After all ancillaries, such as the $200 production budget and subsequent marketing costs, Sony was left with a staggering $610+
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