Sony is critically acclaimed Spider-Man: Across The Spider-Verse opened in China over the weekend for $17.2 million — a respectable start, but only a fraction of the massive $120.5 million opening in North America.
As in the US, the film was very well received by Chinese critics and box office alike. It currently has a score of 9.4 on ticketing apps Maoyan and Tao Piao Piao and an 8.8 on fansite Douban — significantly better than any other Hollywood film currently hitting theaters in the country . But Maoyan predicts it will only make about $35 million in the country overall, a big step backwards Spider-Man: Into the Spider-Verse$62.8 million in 2019.
Analysts have wrestled with the question to what extent the Hollywood studio’s China-based earnings decline was due to weak product versus changes in market demand. But the fluctuating performance between the two Spiderverse Movies – both undeniably strong movies – seem to indicate that Chinese audiences’ appetite for US content has indeed waned.
In North America, the sequel grossed $120.5 million, compared to $35.6 million for the first film in 2018.
In second place is Universal Pictures’ Fast X earned $7.6 million. After three weekends, the film has grossed $124.1 million, the most non-Chinese title this year.
Japanese Studio Ghibli took third place with a re-release of their 1986 anime classic castle in the sky. The film grossed $6 million Friday through Sunday and has grossed $10.7 million since its June 1 release.
my anime classic, Doraemon: Nobita’s Celestial Utopiawas just a step behind with $4.2 million over the weekend and $10.9 million when it opened on June 1.
Paramounts Transformers: Rise of the Beasts will launch in China on Friday, followed by Warner Bros.’ The Lightning on June 16th.