‘Fate of the Furious’ Posts $533 Million Weekend Worldwide, Biggest Ever

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

[cnxvideo id=”655384″ placement=”ros”]

Thinkstock
The North American box office pulled in over $100 million and the overseas markets a great deal more as the Fate of the Furious, the eighth installment of the Fast and Furious franchise. It is proof, once again, of the power of franchises in the movie industry.

According to Box Office Mojo

It was close, but just by a hair Universal’s The Fate of the Furious topped $100 million at the domestic box office, leading the Easter weekend charge and becoming the second 2017 release to top the century mark over its three-day opening. More importantly, on top of its North American debut, the film premiered in over 60 international markets where it brought in a record $432.3 million, resulting in a record $532.5 million worldwide debut.

With an estimated $100.2 million, The Fate of the Furious secured the #1 spot at the domestic box office, delivering on industry expectations. The film scored an “A” CinemaScore from opening day audiences which were 58% male vs. 42% female. Of that audience, 50% were under the age of 25 and further demographics show the opening weekend audience was made up of 41% Caucasian moviegoers, 26% Hispanic, 19% African American and 11% Asian.

Universal is a division of Comcast (NASDAQ: CMCSA), in particularly the option called NBCUniversal run by former cable executive Steve Burke who was previoulsy the No. 2 executive at the parent

The result moved Fast and Furious to the 14th place on the all time franchise list for domestic box office at $1.391 billion, just behind the Star Trek franchise. At its current rate, Fast and Furious should break into the top 10 within two weeks. The 10th place is held by The Hunger Games (a total of 4 films) at $1.51 billion. First place is held by Marvel Cinematic Universe which has made $4.24 billion in domestic box office with 14 movies.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618