Chinese New Year Films Miss Market Records; ‘Spider-Man’ Wings To $1.77B Global & ‘Sing 2’ Nears $300M WW – International Box Office

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Refresh for latest…: While Spider-Man: No Way Home continued to lead the international box office for studio films this weekend, weaving its way to a worldwide cume of $1.77B through Sunday, the biggest overseas action was out of (and limited to) China.

The Lunar New Year kicked off last Tuesday and has come in at an estimated RMB 6B ($943M) across the six-day period. That’s just slightly above 2019 and is the second-biggest ever for the holiday, but is not ahead of 2021 which is still tops in the books at RMB 7.8B ($1.2B), owing partly to pent-up demand last year after the 2020 festive period was kiboshed by Covid.

This year, there are about 20% of cinemas closed throughout the market while the Olympics may have been something of a distraction and dynamic ticket pricing likely had an effect.The Battle At Lake Changjin II was the No.

1 film at Chinese turnstiles throughout the period with RMB 2.53B ($398M) to date (including RMB 980M/$154M for the FSS). That’s a tidy sum, and the movie has a strong 9.6 score on Maoyan, but it perhaps suffered somewhat from the fact that its predecessor, which is the highest-grossing local title of all time in China, was released just last September 30.