‘Wakanda Forever’ Could Be Marvel’s 11th Billion-Dollar Movie

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With the release of “Black Panther: Wakanda Forever” this week, Marvel Studios will welcome the 30th entry into its ever-growing cinematic universe.

The home of characters like Spider-Man and Captain America has almost single-handedly transformed the blockbuster cinematic experience in superheroes and franchise entertainment.

And it paid off for parent company Disney, which acquired Marvel in 2009 for $4 billion.

Since the release of “Iron Man 2” in 2010, Marvel has helped Disney rake in $22.5 billion at the worldwide box office. In 2022 alone, “Thor: Love and Thunder” and “Doctor Strange in the Multiverse of Madness” grossed $1.69 billion.

Marvel has created the new benchmark in cinema in terms of what we think a blockbuster should bring.

Jeff Bock

Exhibitor Relations Company

In fact, 10 of the 29 films released since the Marvel Cinematic Universe launched with “Iron Man” in 2008 have grossed over $1 billion at the global box office.

“They set the new benchmark in cinema in terms of what we think a blockbuster should bring in,” Jeff Bock, media analyst at Exhibitor Relations Co., told CNBC Make It.

“They’re the epitome of box office success in terms of how we even frame that conversation.”

Even Marvel’s lowest-grossing films still made box office numbers, with ‘Black Widow’ grossing $379 million and ‘Eternals’ earning $401 million despite depressed numbers from poor reviews and the removal of box office releases. rooms during the pandemic.

“Wakanda Forever” is the sequel to 2018’s “Black Panther,” which grossed $1.3 billion and is currently the 14th highest-grossing film ever made.

Whether or not it will live up to the performance of the original remains to be seen – the film is without Chadwick Boseman, who played the titular Black Panther and died in 2020 after a private battle with cancer.

But “Black Panther” losing its star doesn’t mean audiences won’t come to see the film. Bock notes that fans of the “Fast” franchise came in droves to see “Furious 7”, which lost star Paul Walker in the middle of filming.

This film, which included a heartfelt tribute to Walker, grossed $1.5 billion and is currently the 10th highest-grossing film of all time.

“When we talk about the loss of Chadwick Boseman, it’s really a tribute to him too,” Bock said. “You’re inclined to think a lot of people are going to show up to this the same way they did. [for ‘Furious 7’].”

“Wakanda Forever” will have a relatively clear lead in trying to outdo its predecessor, with no other big-name film falling on the pike until James Cameron’s “Avatar: The Way of Water” hits theaters in mid- december.

If recent history is any indication, Marvel’s 30th film will likely be a box office hit.

“When you look at the top 10, top 20 movies of all time, those are now populated with a lot of Marvel movies, and will continue to be for some time,” Bock says.

“A lot of people were clamoring for the death of the superhero movie, and it was just a little premature. Some people might be sick of it, but the audience certainly isn’t.”

Top 10 highest-grossing Marvel movies of all time

10. “Captain Marvel”

Release year: 2019

World crude: $1.12 billion

9. “Spider-Man: Far From Home”

Release year: 2019

World crude: $1.13 billion

8. “Captain America: Civil War”

Release year: 2016

World crude: $1.15 billion

7. “Iron Man 3”

Release year: 2013

World crude: $1.21 billion

6. “Black Panther”

Release year: 2018

World crude: $1.33 billion

5. “Avengers: Age of Ultron”

Release year: 2015

World crude: $1.39 billion

4. “The Avengers”

Release year: 2012

World crude: $1.51 billion

3. “Spider-Man: No Coming Home”

Release year: 2021

World crude: $1.91 billion

2. “Avengers: Infinity War”

Release year: 2018

World crude: $2.04 billion

1. “Avengers: Endgame”

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