Marvel Studios has recently released the latest entry in the Marvel Cinematic Universe, Thor: Ragnarok, which marks the third 2017 release for the studio, following Guardians of the Galaxy Vol. 2 and Spider-Man: Homecoming. Within its opening weekend, the film has earned over $100 million domestically and over $400 million worldwide. Ragnarok‘s commercial success is significant because it allows the MCU to break a new record: it is now the first franchise to gross over $5 billion in the domestic box office.

ageofultron

Back in 2008, the year that brought us the first MCU film in the form of Iron Man, the prospect of making an Avengers movie let alone an expansive cinematic universe was unprecedented. Also, audiences were not expecting the new studio to become a major force in mainstream entertainment, complete with Disney’s purchasing of the company. However, nearly a decade later, Marvel Studios has produced seventeen films in this franchise featuring characters like Iron Man, Captain America and Thor. In addition, three of the films currently released feature the Avengers ensemble.

Due to Thor: Ragnarok‘s recent US release, the final numbers for its opening weekend have yet to arrive. However current numbers show that the film will earn a total of $118 million for its first domestic weekend. This in turn will bring the total stateside gross for Marvel Studios up to $5.1 billion. With other projects like Avengers: Infinity War and Captain Marvel currently in production, the studio is continuing to expand the franchise into new territories. Given the critical and financial success of the existing line up, one can anticipate future entries with a positive attitude.

Mark Tan

Source: Comic Book Resources

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