Maverick’ is aiming for $1 billion at the global box office

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Tom Cruise in “Top Gun: Maverick”

Source: Paramount

“Top Gun: Maverick” continues to break down barriers at the box office.

The Paramount and Skydance sequel to the 1986 hit “Top Gun” surpassed $900 million in worldwide ticket sales on Monday and is on target to cross the coveted $1 billion mark at the box office.

Without getting in the way too much, box office analysts expect “Maverick” to hit that milestone within a week. The hit feature won’t have much competition until July 8, when Disney’s Marvel Studios releases “Thor: Love and Thunder.”

So far, “Maverick” sales have been split between about $475 million in the United States and Canada and about $430 million in international markets.

“Reflecting the film‘s universal appeal, a near 50/50 split of domestic revenue to international revenue is a rare feat for most modern blockbusters,” said Paul Dergarabedian, senior media analyst at Comscore.

Since its debut in late May, “Maverick” has maintained its blistering pace at the domestic box office, generating strong ticket sales throughout its fourth week in theaters. The film opened with $126.7 million in sales, the biggest opening weekend box office gain for any Tom Cruise film and the actor’s first film to gross over $100 million. dollars when it debuted.

In its second weekend, ticket sales fell 29% to $90 million, showing more resilience than most blockbuster features, according to Comscore data. Typically, big budget movies see their sales drop between 50% and 70% from launch week to week two.

This strong performance continued: it grossed $52 million in its third weekend, a 42% drop from the second weekend, and $44 million in its fourth weekend, a down 14% from the third.

“‘Maverick’ tapped into the cultural zeitgeist in a way that only a rare breed of movies have ever achieved,” said Shawn Robbins, chief analyst at BoxOffice.com.

Robbins noted that “Maverick” was well-reviewed and packed with action, and also generated considerable word of mouth, which brought back audiences from the original film as well as young moviegoers.

“It’s the epitome of a great summer movie,” he said.

The film has consistently attracted audiences over 35, a demographic that has been reluctant to return to theaters since the height of the pandemic. Young moviegoers typically drive the bulk of blockbuster ticket sales, but having movies that keep older patrons coming back will be a key part of the industry’s post-pandemic recovery. .

“Congratulations must be given to Paramount Pictures, which has been an ideal partner for Tom Cruise over the years, and has waited for the perfect time to open the film exclusively in theaters and not consider a streaming release as an online option. due to the challenges of the pandemic,” said Dergarabedian of Comscore. “‘Top Gun: Maverick’ is a classic example of how you build the perfect billion-dollar box office beast.”

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