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Ghostface in Paramount Pictures and Spyglass Media Group's "Scream." Image Credit: AP

After a month at no. 1, ‘Spider-Man: No Way Home’ has finally been overtaken at the box office. Paramount Pictures’ ‘Scream’ reboot debuted with $30.6 million in ticket sales over the weekend in the US, according to studio estimates Sunday.

‘Scream,’ a self-described “requel” that is both the fifth film in the franchise and a reboot introducing a new, younger cast, led all releases over the Martin Luther King Jr. US holiday weekend. Paramount forecasts that it will total $35 million including Monday’s grosses. ‘Scream’, out now in UAE cinemas, cost about $24 million to make, and added another $18 million in 50 international markets.

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Ghostface and Jenny Ortega in 'Scream' Image Credit: Paramount Pictures and Spyglass Media

That made for a solid revival for the self-aware slasher franchise. Rights to the ‘Scream’ films, once a reliable cash cow for Harvey and Bob Weinstein’s Miramax Films, were acquired by Spyglass Media Group, which produced the new film with Paramount. This ‘Scream,’ helmed by Matt Bettinello-Olpin and Tyler Gillett, was the first not directed by Wes Craven, who died in 2015. It features original ‘Scream’ cast members Neve Campbell, Courteney Cox and David Arquette alongside new additions Melissa Barrera, Jenna Ortega and Jack Quaid.

Most notably, ‘Scream’ is the first box-office success in a year that Hollywood hopes will see a return to weekly stability at movie theatres. January is typically a quiet period at the box office, but the surge of the omicron variant in COVID-19 has further upended release plans of some winter movies.

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Spider-Man from Columbia Pictures' SPIDER-MAN: NO WAY HOME. Image Credit: AP

Meanwhile, ‘Spider-Man: No Way Home’ slipped to second place but continued to rise in the record books.

‘No Way Home’ grossed $20.8 million in the US in its fifth weekend of release. Sony Pictures predicts that with another $5.2 million on Martin Luther King Jr. Day, ‘No Way Home’ will reach a domestic cumulative total of $703.9 million Monday, edging ‘Black Panther’ and moving into fourth place all-time. That puts it behind only ‘Avatar’ ($760 million), ‘Avengers: Endgame’ ($858 million) and ‘Star Wars: The Force Awakens’ ($936 million). Globally, ‘No Way Home’ has grossed $1.6 billion.

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Sing 2 Image Credit: IMDB

Universal Pictures’ ‘Sing 2’ landed in third place in its fourth weekend with $8.3 million over the three-day weekend. The animated sequel has grossed $122.1 million domestically and $96.3 million internationally.

While the debut of ‘Scream’ could be celebrated by Paramount, which postponed most of its top 2021 releases to 2022 (movies including ‘Top Gun: Maverick’ and ‘Mission Impossible 7’), its performance also typified current box-office realities. Superhero movies and genre films that appeal to younger audiences have bounced back to near pre-pandemic levels, while films skewing older haven’t.