"To expect the kind of numbers the first Spider-Man did or the second or third would have been kind of reaching," said Hollywood.com analyst Paul Dergarabedian. "For a reboot that people definitely were on the fence about initially, I think this is a really strong performance."
Raimi and Maguire's Spider-Man was the first movie to top $100 million in a single weekend, opening with $114.8 million in 2002. Spider-Man 3 set a new weekend record with its $151.1 million debut, which has since been surpassed by such films as 2008's The Dark Knight, last year's Harry Potter finale and the current record-holder, The Avengers, with $207.4 million in May.
While it took more than a weekend for The Amazing Spider-Man to put up numbers comparable to the earlier Spidey flicks, the film has good reviews and fan reaction for the new cast and crew to build on in subsequent installments.
"With a film that is a relaunch like this, with a new cast, a new director, there are a lot of pieces. You have to prove yourself, just like Batman Begins had to prove itself and went on to have such incredible success with Dark Knight," Sony's Bruer said. "This is a new trilogy and a new era of Spider-Man. We certainly have very much in our minds where it's going to go with the story arc. It's just going to be an incredible several years with this relaunch. We have a lot of great stories to tell."Andrew Garfield stars as teen orphan Peter Parker, who becomes a vengeful vigilante and later an urban protector after the bite of a mutant spider gives him super strength, agility and senses. Marc Webb ((500) Days of Summer) directed the film, which co-stars Emma Stone, Rhys Ifans, Sally Field and Martin Sheen. Amazing Spider-Man had a price advantage over its predecessors. This was the first 3-D Spidey movie, earning 44% of its domestic revenues from 3-D screenings, which cost a few dollars more than 2-D shows. The film is the centerpiece of a huge superhero summer that started with The Avengers and continues with the July 20 debut of The Dark Knight Rises, the finale of Christopher Nolan and Christian Bale's Batman trilogy.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV