'The Fate of the Furious' roared to a record-setting global debut over Easter weekend, making $532 million. Roselle Chen reports.
'The Fate of the Furious' raced to a record-shattering $532 million global debut over Easter weekend. And a large part of the credit goes to China. Domestically, the movie dissappointed, bringing a little more than a $100 million. Douglas McIntyre of 24/7 Wall Street: (SOUNDBITE) DOUGLAS MCINTYRE, EDITOR, 24/7 WALL STREET, (ENGLISH) SAYING: "Hollywood has found that making sequels to popular movies is probably the most profitable strategy they can come up with. This movie called 'The Fate of the Furious' is the eight installment in 'The Fast and Furious' string of movies, some of the same stars are in the thing, what you've got, you've got a level of continuity that keeps brings audience in. This is now on the list of 20 most valuable franchises in the history of Hollywood." Universal Pictures didn't provide a budget of the movie, but sources peg the cost at $250 million, making it the most expensive chapter in the series. Despite the rising costs, the film remains on pace to top $1 billion worldwide, making more sequels a certainty.