"Black Panther" Moves Closer to $1 Billion Mark; Earns $700 Million Globally

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"Even going back to Wesley Snipes" "Blade' trilogy, that series routinely kept pace with the domestic gross, and actually exceeded North America with the trilogy capper". In its second weekend, "Black Panther" demonstrated an astounding hold on audiences in the United States and Canada, collecting about $108 million and pushing its global total after only 12 days of release to roughly $704 million, according to comScore.

The story, described as a tale of black power and black pride in addition to its superhero themes, follows T'Challa as he is sworn in as king of Wakanda, a cloaked, technologically advanced nation in Africa that is home to the exotic metal vibranium, the source of Black Panther's powers. The other three films in that group are Star Wars: The Force Awakens, Jurassic World, and The Avengers. The superhero film is based on Marvel Comics character and has set the cash registers ringing. Internationally the film opened to an additional $5 million.

This bucks the trend of USA studios only committing modest budgets to black-specific movies, out of a belief that white audiences - particularly in the increasingly important foreign markets - will not be interested.

Already, Black Panther has outperformed the lifetime totals of the three films released by the Marvel Cinematic Universe previous year: Guardians of The Galaxy Vol.2, Spider-Man: Homecoming, and Thor: Ragnarok with theaters reporting a greater amount of repeat viewings than usual.

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"Just like "Wonder Woman" shattered the glass ceiling of females not being able to lead a box office charge, "Black Panther" should quell any future arguments that African Americans can't deliver the box office goods in a tentpole film", the analyst told AFP.

Forbes points out that while Black Panther sees no big competition at the box office, in a few weeks the film's run could be hampered in March due to many big releases.

Black Panther has found love among critics too.

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