Venom Breaks $500 Million at Worldwide Box Office

CBR

By Nicole Sobon

Published Oct 28, 2018

After securing over $500 million at the worldwide box office, Sony's Venom has officially reached its break even point, all but securing a sequel.

Sony's Venom is proving to be a marvel at the box office, as the Spider-Verse film has now surpassed $500 million worldwide after four weeks in theaters.

Venom has earned $508 million at the global box office so far. Considering the film was made on an approximately $100 million budget and hasn't yet opened in several markets, that's an impressive feat and should all but guarantee Sony goes forwards with its plans for more films in the Spider-Verse.

Venom was seen as the make-it-or-break-it film in Sony's future Marvel plans, as if the film bombed, it could have potentially prevented other projects from moving forward. Now that the film has surpassed the reported $450 million needed to turn a profit, it's safe to assume a sequel will be announced in the future.

The film will remain in theaters for the time being, and its release in China and Japan could push it past $700-$750 million globally. Should that happen, Venom could surpass Justice League, which earned $657.9 million globally; Captain America: The Winter Soldier, which finished its theatrical run with $714 million; and Guardians of the Galaxy, which took in $773 million when all was said and done.

The next movie in the Spider-Verse, a Morbius film, is expected to kick off production in the new year, with Jared Leto as the titular living vampire.

Directed by Ruben Fletcher, Venom stars Tom Hardy, Michelle Williams, Riz Ahmed, Scott Haze, Reid Scott, Jenny Slate, Woody Harrelson, Sope Aluko, Scott Deckert, Marcella Bragio and Michelle Lee. The film is out in theaters now.

(via The Wrap)