VENOM Could Pass $160 Million in Worldwide Opening Weekend

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Sony’s Venom is finally hitting theaters this week. Despite predominately negative reviews from critics, the film is still tracking for a strong opening weekend. The latest projection suggests a huge debut across the globe.

Venom is currently tracking to open in the $160-175 million range worldwide. This includes a projected $60-65 million domestically. Some analysts even think that the movie could hit $70 million, but that is still TBD. Regardless, anything higher than $55 million would give Venom the biggest October opening weekend in history, surpassing 2013’s Gravity. The film will face competition from the acclaimed A Star is Born, which is currently tracking for a $30 million+ debut but could hit $40 million.

Even if it gets a big opening weekend, it’s possible that poor word-of-mouth will lead to Venom collapsing in subsequent weekends. (See Batman v Superman: Dawn of Justice.) However, Venom‘s production budget is $100 million, which is smaller than most superhero movies nowadays. So, the film probably won’t have much trouble turning a profit. Emphasis on “probably.”

Stay tuned for more box office updates as we have them.

Source: Deadline

Paul Romano

Editor-In-Chief at WOBAM! Entertainment
Founder and EIC of WOBAM! Entertainment. Christian. Student. Watcher of movies and TV, reader of comics, all that good stuff.
Founder and EIC of WOBAM! Entertainment. Christian. Student. Watcher of movies and TV, reader of comics, all that good stuff.