Rising Up Record-Breaking Revenues: Shang-Chi and The Legend of The Ten Rings!

Rising Up Record-Breaking Revenues: Shang-Chi and The Legend of The Ten Rings!

As diehard moviegoers reclaim their seats in the wake of a pandemic that has shuttered theaters worldwide, Disney’s Shang-Chi and the Legend of the Ten Rings is smashing box office records this Labor Day weekend. The blockbuster hit was originally scheduled for release in February.

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According to Marvel Unlimited, the adventure film’s action-full plot revolves around the saga of a martial artist who must confront the past he thought he left behind when he is drawn into the web of the mysterious Ten Rings organization.

With $71.4 million in ticket sales over the holiday, Shang Chi exceeded most industry forecasts to become the second-highest grosser of the plague year, rivaling the $80.3 million raked in by Black Widow just two months ago. Unlike its rival, Shang-Chi is playing exclusively in theaters. The previous highest grosser for the Labor Day weekend had been Halloween (.

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6 million in 2007). It has been reported that Shang-Chi racked up nearly a fifth of its revenue ($13.2 million) from IMAX screens alone.

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It will be available on Disney Plus in October.

Promoted as Marvel’s first flick with an Asian superhero (Simu Liu) and costars (Awkwafina, Michelle Yeoh, and Tony Leung), Shang-Chi was directed by Destin Daniel Cretton, a Hawaii-born son of a Japanese American mother and a father of Irish and Slovak ancestry. As a reminder of the impact of the COVID pandemic on the movie industry, production on Shang-Chi was interrupted for five months in Australia when Cretton self-isolated in March 2020.

Despite the production delays, audiences and critics have been showering Shang-Chi with accolades. And the revenue stream will likely increase dramatically when the film is released in China, which has proven to be a reliable cash cow for other Marvel offerings. It’s already been released in Hong Kong, however, as well as the United Kingdom.

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