Marvel’s latest theatrical release, Spider-Man: No Way Home, is still proving to be an obsessive craving for fans even after the two years wait. Tom Holland’s third solo film as MCU’s Peter Parker generated a seismic $260 million in its opening weekend. The number is apparently the second-largest domestic debut ever. And immediately after that, the film joined the elusive billion-dollar club. Looks like it is a Merry Christmas for Marvel Studios and Sony Pictures.
Holland’s standing contract with Marvel Studios suggests that he will appear as Spider-Man for one more project. However, with No Way Home, his tenure for solo movies’ deal with Sony sees an end. It is true that there are rumors that Spider-Man 4 is in the works right now. And that Tom Holland will reprise the role of the web-slinger. But there is no official confirmation from either of the productions yet.
However, the way Holland is devoted to the character, a fourth Spider-Man film is more likely than ever. So whenever Marvel decides to approach the actor, Holland will definitely have quite the leverage to work with.
MCU’s Peter Parker might be seen running short on finances. But the man that fleshes out the character on the big screen has a much bigger deal going on for him.
The latest report from Variety reveals that Tom Holland’s asking price moving forward is expected to “leap into the low eight-figures.” This figure apparently elevates Holland’s Hollywood status into an elite company. Because the report places the 25-year-old actor in the same group of actors as Dwayne Johnsons and Will Smiths of the world when it comes to the financial drawing power.
British actor Tom Holland has little to no titles added to his filmography prior to being cast as the MCU’s Peter Parker. He appeared for a supporting role in Christ Hemsworth’s In the Heart of the Sea. Following that, Holland has earned “under $1 million” for his performances.
But as a massive contrast, after five years and three solo films in the Marvel Cinematic Universe as Spidey, and with those films generating nearly $3 billion and counting, Variety speculates Holland could be making anywhere from “$2 million to $5 million for independent films” as well as “$5 million to $10 million for a leading role in traditional studio’s commercial film.”
Additionally, when it comes to some of the most powerful streaming giants, who are also known to be extravagant with their originals’ budgets, Holland could be looking at “$20 million or more.”
The entertainment industry nowadays is solely relying on IPs. And before a movie is even scripted down, it is necessary to consider the Hollywood equivalent of the age-old chicken or egg question. Is it the character that sells tickets, or the actor playing them?
Today’s world is less fazed by movie stars, and more intrigued by the story, plot, depiction, and emotion. Around 40 years ago, fans would herd together to go to the cinemas. Only to see Arnold Schwarzenegger or Sylvester Stallone in action. Back then, it did not even matter if the film’s plot made any sense. But now, the above-named actors only win admiration and see success when they suit up as their roles of yesteryear. This is obviously apparent in the marginally profitable returns of Terminator: Dark Fate and Rambo: Last Blood.
In the 21st century, there are but a couple of A-Listers who have come strongly to give impactful box office performances. Dwayne Johnson, Tom Cruise, and Leonardo DiCaprio are in the bunch of a now vanishing army of leads. But for every Jumanji, Mission: Impossible, and Titanic, there’s a Hercules, The Mummy, and The 11th Hour. When it comes to the 25-year-old British actor Tom Holland, the star has already tapped into a one-billion-dollar franchise. In no time, Holland will become the millennial movie star that this generation has been searching for.
Other than appearing as Spider-Man in the MCU, Tom Holland’s drawing power in the industry is still a little questionable. His last film Cherry received both good and bad responses from audiences and critics. And Chaos Walking performed surprisingly badly in the theatres. So Holland’s box office numbers have not seen much spark there. But whatever the actor does or does not gain outside of Marvel Studios, his character in the red-and-blue duds is sure to pull in a lot of certified profit.
Spider-Man: No Way Home is currently running in theatres worldwide.