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After a Slow Box-Office Summer, 'It' Shatters Records

After a Slow Box-Office Summer, 'It' Shatters Records

The success is being heralded by horror fans, hopeful it'll trigger more high-budget, R-rated horror movies.

Horror movie It has shattered box office records, hauling in US$179 million (NZ$246.5 million) at the global box office on its opening weekend. The killer clown flick utterly dominated the box office this weekend representing a towering 75% of the entire marketplace.

Ultimately, credit has to go to director Andy Muschietti, screenwriters Chase Palmer, Cary Fukunaga, and Gary Dauberman, as well as the entire team behind the movie, in addition to the cast for so adeptly updating King's original tale.

Carried by enthusiasm, solid knowledge and a critical seduced (88% on Rotten Tomatoes, 71 on Metacritic), the film has collected $ 13.5 million in previews on Thursday (an impressive figure that puts it in 2017 just after the blockbusters beauty and The Beast and The Guardians of the Galaxy Vol. 2), and 51 million from Friday evening. Perhaps the studios will even try for an It prequel. The film was also a successful horror release and now sits at $96.2 million domestic. 65% of the audience for "It" was over 25, according to exit polls. The next closest finisher is The Hitman's Bodyguard, at just beyond 3,300 theaters.

The film has raked in $123m (£93.3m) dollars on it's opening weekend, smashing records for a film released between May and November. This weekend, Homecoming dropped 45.3 percent to bring in another $2 million. The new Spidey made its long awaited debut in China with a giant $70.8M which was the third best ever in that market for a super hero movie. A handful of hits, like "Despicable Me 3" and Warner's "Wonder Woman", took most of the buzz. The horror film now holds a 86-percent fresh rating on Rotten Tomatoes. Flying past $900M in the end seems very likely - a popular hangout for movies which include Iron Man. Warner hopes to release the "It" sequel in the summer or early fall of 2019, said a person with knowledge of the matter.