Marvel's 'Shang-Chi' breaks Labor Day weekend box office record with $71.4M domestic opening

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Fox Business 06 September, 2021 - 12:58pm 18 views

Is Shang Chi out?

Shang-Chi and the Legend of the Ten Rings premiered in Los Angeles on August 16, 2021, and was released in the United States on September 3, as part of Phase Four of the MCU. The film broke numerous box office records, and has grossed over $146 million worldwide. wikipedia.orgMarvel's Shang-Chi and the Legend of the Ten Rings

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‘Shang-Chi and the Legend of the Ten Rings’ has smashed the domestic box office record for Labor Day weekend, with the latest installment in the Marvel Cinematic Universe on track to earn $90 million in its first four days of release. 

According to Comscore, the studio's first Asian-led superhero film brought in $71.4 million in its domestic opening weekend and $56.2 million in its international opening weekend, for a total of $127.6 million worldwide as of Sunday. 

The film, which was made for about $150 million, has blown past the previous $30.6 million Labor Day weekend record held by 2007's "Halloween." It also topped Universal's "Fast & Furious" sequel "F9" and Paramount’s "A Quiet Place Part II", which opened over the summer at $70 million and $48 million, respectively.

"Shang-Chi," which stands as the second biggest opening during the coronavirus pandemic behind Marvel's "Black Widow," is now on track for $90 million domestically in its first four days of release, according to Variety. Unlike "Black Widow," "Shang-Chi" will have a 45-day exclusive theatrical window before making its streaming debut.

The simultaneous release of "Black Widow" on Disney+ and in theaters is now at the center of a lawsuit between its star, Scarlett Johannson, and the House of Mouse but brought in over $215 million in its first weekend, including $60 million in Premier Access rentals.

The strong opening of "Shang-Chi" is a major relief for Hollywood, which had seen jittery releases the last few weeks during rising COVID-19 cases driven by the delta variant. 

Several upcoming films have recently postponed out of the fall, including Paramount Pictures’ "Top Gun: Maverick," "Jackass Forever" and "Clifford the Big Red Dog." Disney’s weekend, though, should lend confidence to upcoming big-budget releases such as the James Bond film "No Time to Die" from MGM and United Artists Releasing, and Sony Pictures’ "Venom: Let There Be Carnage."

Universal horror thriller "Candyman" has fallen to second place after earning $13.43 million in its domestic opening weekend. The film has a cumulative total of approximately $41.9 million. Meanwhile, another exclusive theatrical for Disney, Ryan Reynolds' Free Guy, has held strong in the third place spot with $11.2 million in its domestic opening weekend and domestic cumulative total of more than $94.3 million. Globally, "Candyman" has earned at least $50 million and "Free Guy" has earned more than $239.2 million.

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Marvel's 'Shang-Chi' Smashes Labor Day Box Office Records With $71.4 Million Debut

NPR 06 September, 2021 - 11:26am

Hollywood's newest superhero is saving the day on-screen — and off.

The Marvel epic Shang-Chi and the Legend of the Ten Rings rang up an estimated $71.4 million at U.S. theaters between Friday and Sunday, according to tracking website Box Office Mojo.

Labor Day weekend is usually slow for movie theaters, industry analysts say, with most blockbusters released earlier in the summer — and attention shifting to the new school year and the start of college football season. The pandemic has made it even tougher to sell movie tickets, especially with the rise of the delta variant keeping some viewers home and forcing several movie openings to be delayed.

The weekend haul gives Shang-Chi the second-highest box office opening for any film released during the pandemic, behind another Marvel Cinematic Universe installment, Black Widow, which topped $80 million on its opening weekend in July.

The film is Marvel's first epic to star an Asian hero. It tells the story of the eponymous kung fu master who's hiding from his warlord father by living undercover as a normal guy named Shaun in San Francisco.

Unlike Black Widow, which was released simultaneously in theaters and on the Disney+ streaming service, Shang-Chi can only be watched on the big screen until October, when it's expected to make its Disney+ debut.

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