Beyoncé Crushing the Billboards and the Box Office

Ending opening weekend with $21 million, Beyoncé’s ‘Renaissance’ film has topped the domestic box office and joined the ranks as one of the best concert film debuts.

‘Renaissance’ was entirely written, directed and produced by Queen Bey herself. Ticket sales for the film in the US went above and beyond expectations, but fell slightly short overseas with only a $6.4 million debut across 94 other territories. In total, the film’s global revenue is up to about $27.4 million, placing it in the same category with other great concert films.

At the top of the ranks for concert films, Taylor Swift’s ‘The Eras Tour’ currently sits close to Michael Jackson’s ‘This Is It’ for the most successful, with a current total revenue of over $250 million. ‘This Is It,’ released in 2009, grossed a total of $264.3 million, keeping it among the most successful concert films in history. Also among the ranks with Jackson, Swift and now Beyoncé are Miley Cyrus’s ‘Hanna Montana & Miley Cyrus: Best of Both Worlds Concert’ as well as Justin Bieber’s ‘Never Say Never.’

According to AMC Theaters, the ‘Renaissance’ film was the first film to debut the weekend after Thanksgiving with more than $20 million in two decades. Typically the weekend following the Thanksgiving holiday is slow for movies, but members of the Beyhive showed up and showed out.

Similarly to Swift’s ‘The Eras Tour’ film, Beyoncé is set to receive 50% of the revenue made from the film while AMC gets a small portion for distribution and exhibitors keep the rest. Despite the splash that the film made in the box office, the revenue from the ‘Renaissance’ film do not even touch the revenue from the actual ‘Renaissance’ tour. With her sold-out stadium tour has grossed over $579 million worldwide, it seems that the numbers for the ‘Renaissance’ film should continue to rise.

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