'The Amazing Spider Man': Earns the Biggest Tuesday Gross

Current estimates by Sony place The Amazing Spider-Man's Tuesday earnings close to $35 million, surpassing Transformers’ $27.9 million gross to become the highest-grossing Tuesday opener. Although a record breaker, The Amazing Spider-Man did not have much competition in breaking this record as very few films of the same blockbuster level open on Tuesdays. The only other notable Tuesday-opener is Micheal Bay's Transformers, which opened in 2007—adjusting to both inflation and 3D premiums Transformers' opening will mount to somewhere around $35 million.

From 4,011 locations, Transformers eventually grossed $155.4 million in its Tuesday to Sunday run. Webb's reboot earned $7.5 million in its midnight showings, which is slightly less, than Transformers’ $8.8 million ($10.1 million, adjust. to infl.). With this trend, The Amazing Spider-Man can easily gross $166.1 million. However, the fact that some critics are panning it for being a derivative of the original Spider-Man film does not put the new Spider-Man in a better situation. At Flixter, 84% of the audience is fond of the movie, which counters the negative reviews from quite a few critics. Ultimately, the success of the film is contingent on the audience's opinion not that of the critics. Expect $143.0 million  for the films six-day debut. 


*News suggests that the success of the film has led way to a trilogy so a new Spider-Man franchise is not far away.

The Amazing Spider Man: International Forecast

Non-North American (International)

In the previous Spider-Man franchise, international earnings were always great; increasing from the first film to the last by over 32.6%. Spider Man 3 grossed $554.3 million, the highest international earning in all the franchise, while Spider Man grossed $418.0 million. It is clear that the Spider-Man franchise has strong market-holds in many international territories.

From 2007 to 2012, many non-North American markets would have grown, notably China—a flourishing territory in box office revenues—Russia, and Brazil. The Amazing Spider-Man should have no trouble earning more than $250 million internationally, considering the fact that it even has a 3D punch. All the previous Spider Man movies were released in 2D and at a time where IMAX theaters were not in huge numbers and less prevalent. Now, there are more than 580 IMAX venues internationally.

In 13 international markets, The Amazing Spider-Man opened on June 28-30, garnering a strong $50.2 million. The new reboot has already surpassed the opening of The Avengers in two countries—Korea where the new 3D reboot debuted to $13 million which is $3 million more than the opening of The Avengers, and India where it opened to  $6 million which is the biggest-opening for an American film. In Korea and India, The Avengers went on to gross more than $50 million and $13 million respectively. With these revenues, Webb's reboot.is on a propitious start.


Final International Forecast: $540 million