Paramount and Skydance’s all-American blockbuster Top Gun: Maverick is still flying high at the box office, crossing the coveted US$1 billion (more than $1.4 billion) milestone over the weekend.
It’s the first movie of the year and only the second in COVID-19 times, following Sony’s Spider-Man: No Way Home with US$1.9 billion ($2.74 billion), to reach that benchmark.
It’s even more impressive that Maverick hit the US$1 billion mark without playing in China or Russia, two major markets.
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After only 31 days on the big screen, Top Gun: Maverick has become Tom Cruise‘s first movie to surpass US$1 billion at the worldwide box office.
Previously, 2018’s Mission: Impossible – Fallout ranked as the actor’s most successful film with US$791.1 million ($1.14 billion) worldwide.
Prior to this weekend, the sequel to the 1986 action flick Top Gun was already the highest-grossing movie of the year at the domestic box office with US$521 million ($751.2 million).
Now in its fifth weekend of release, Maverick added US$30.5 million ($43.9 million) and stands in a close race with newcomer Elvis for the number one spot on domestic box office charts.
With another US$484.7 million ($698.9 million) at the international box office, revenues for Maverick currently stand at a staggering US$1.006 billion ($1.45 billion) worldwide.
Those ticket sales were enough to overtake Disney’s Marvel adventure Doctor Strange in the Multiverse of Madness (US$943 million or $1.36 billion) as the highest-grossing movie of the year at the global box office.
Thanks to critical praise and stellar word-of-mouth, Top Gun: Maverick has been crushing box office records since opening in theatres over US Memorial Day weekend.
During the extended holiday, the film earned US$160.5 million ($231.5 million), marking the first movie in Cruise’s 40-year career to surpass US$100 million ($144 million) in a single weekend.
According to Paramount, repeat customers and Imax screens have been fueling momentum in the weeks since its theatrical debut.
By its fourth weekend in North American movie theatres, 16 per cent of the audience had returned more than once and 4 per cent had returned three times or more.
Directed by Joseph Kosinski, the US$170 million-budgeted ($245 million) Top Gun: Maverick centres on Cruise’s character, Pete “Maverick” Mitchell as he trains a new group of cocky aviators for a crucial assignment.
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For Paramount, the movie extends a stellar 2022 box office streak.
After barely releasing any films during the pandemic, the studio has struck gold at the box office with Sonic the Hedgehog 2 (US$190 million in North America, which equates to AU$274 million), The Lost City (US$105 million in North America, which equates to $151.4 million), Scream ($81 million in North America, which equates to $116.8 million) and Jackass Forever ($57 million in North America, which equates to $82 million).
Notably, there’s not a Spandex superhero in the bunch.