by Moxye Staff
Ryan Coogler’s superhero pic will cross the $1 billion mark at the global box office, becoming the 33rd film to join the elite club and the 16th Disney title to do so, not adjusted for inflation.
Black Panther, which cost $200 million to make before marketing, was a bold move on the part of Disney and Marvel Studios’ Kevin Feige.
The film — unprecedented in being a big-budget studio tentpole featuring a virtually all-black cast — stars Chadwick Boseman stars as T’Challa/Black Panther alongside Lupita Nyong’o, Michael B. Jordan, Danai Gurira, Daniel Kaluuya, Letitia Wright, Winston Duke, Angela Bassett, Forest Whitaker and Andy Serkis.
The story, described as a tale of black power and black pride in addition to its superhero themes, follows T’Challa as he is sworn in as king of Wakanda, a cloaked, technologically advanced nation in Africa that is home to the exotic metal vibranium, the source of Black Panther’s powers.
Entering its fourth weekend in movie theaters, the movie still has its claws dug into the top spot at the box office as it debuts in China, the world’s second-largest movie market, for this first time. Black Panther should climb past the $1 billion mark this weekend, having reached $940 million in global grosses during the week, including $22.7 million in its opening-day haul in China on Friday. That gave Black Panther the best opening day gross in China for a Marvel movie since 2016’s Captain America: Civil War, which took in over $30 million on its first day in Chinese theaters on its way to grossing a whopping $180 million in that country overall.
Black Panther would also be the first Marvel movie to reach $1 billion since Civil War cleared $1.15 billion two years ago, and the fifth so far from Disney’s Marvel Cinematic Universe. The movie is already the second highest-grossing Marvel film domestically, with its $520 million haul in North America trailing only 2012’s The Avengers, at $623 million domestically ($1.5 billion worldwide), according to Box Office Mojo.
Black Panther only needs roughly $60 million worldwide at this weekend’s box office to reach $1 billion after pulling in roughly $122 million globally last weekend. Barring a larger-than-expected drop-off, the film should coast past that milestone.
However, Black Panther could still lose its box-office crown this weekend to newcomer (and fellow Disney film) A Wrinkle in Time. Director Ava DuVernay‘s adaptation of the popular young-adult novel of the same name has been highly-anticipated since Disney made her the first-ever black woman to direct a movie with a budget over $100 million. Disney has been promoting the film heavily for months, though its recent mixed reviews from critics could dampen A Wrinkle in Time‘s opening weekend box-office performance. Variety reports that the film is forecasted to gross roughly $35 million domestically this weekend, which may not quite be enough to stop Black Panther from a fourth weekend of dominance.
Other Related Articles on Moxye Below:
Jordan Peele Wins an Oscar and Makes History for ‘Get Out’
Zoe Saldana Is Launching a Latinx Digital Media Brand to Reshape the Cultural Narrative
“The Chi” Creator Lena Waithe Teams Up With Sight Unseen Pictures