Marvel Studios’ Black Panther: Wakanda Forever is still performing well at the box office despite its more than four weeks run in theaters. The holiday season gave the film a boost when families and friends flocked together to movie houses to celebrate Christmas. With Avatar: The Way of Water currently owning the box office, the Marvel film remains strong.
After the passing of the original Black Panther, Chadwick Boseman, in 2020, Marvel Studios eventually decided to carry on the actor’s legacy. It was a tumultuous process for the cast and crew, but with the support of fans, the plan finally came to fruition.
Black Panther 2 Crosses Another Box Office Milestone
The latest update on Wakanda Forever’s gross income reveals an estimated worldwide collection of $799.5M on Christmas Day and finally crossed the $800M mark on Monday. There has been a huge jump in numbers owing to the festive season, and it might collect more income as people make the most out of the remaining days of vacation.
Unfortunately, Chinese theaters banned Black Panther 2 due to specific themes. Fans know that China makes up one of the largest audiences in the world, and a highly-anticipated movie blocked in the community can tremendously affect its profit. The original Black Panther movie was a significant success in China in 2018, earning over $100M and contributing a large chunk to its total worldwide gross of $1.3B.
Seeing that the holidays will be over soon, and Black Panther 2 will eventually come to the end of its theatrical run, it looks like the movie will fall behind Doctor Strange in the Multiverse of Madness’ $955M. Unless a miracle would take place, and a high boost in viewership occurs, Wakanda Forever may not gross as high as the first movie.
Remaining Holiday Week Brings Black Panther 2 More Chance To Profit
Despite the movie’s seemingly impossible chance to hit the billion-dollar mark, Black Panther 2 is still considered a success for Marvel Studios. With an allocation of $250M, the general rule is to make two or three times its budget. As we rise from the COVID-19 pandemic era, theaters and studios are making up for the loss of the past two years. Moreover, the movie is a great contender for multiple Oscars categories.
While the competition is tight against James Cameron’s Avatar: The Way of Water and the surge of COVID-19 in some places, there is still a chance for Black Panther 2 to churn more income as the festive New Year season approaches.
Black Panther: Wakanda Forever is still playing in theaters worldwide.
Source: Forbes
