After just 10 days in theaters, the action-packed blockbuster "Deadpool & Wolverine" has already shattered records to become the highest-grossing R-rated movie in history. The Marvel Studios film, starring Ryan Reynolds and Hugh Jackman, continued its extraordinary run in its second weekend, raking in an impressive $97 million, according to studio estimates.

With this astonishing weekend haul, "Deadpool & Wolverine" has now amassed a remarkable two-week total of $395.6 million, surpassing the previous record set by Mel Gibson's "The Passion of the Christ" which held the top spot for 20 years with $370 million in domestic earnings.

Apart from its exceptional success in the domestic market, the superhero extravaganza directed by Shawn Levy has set a new global benchmark. "Deadpool & Wolverine" has already racked up a staggering $824.1 million in ticket sales worldwide, surpassing the combined earnings of its two predecessors. To put this into perspective, the original "Deadpool" film released in 2016 grossed $782.6 million globally, while its sequel in 2018 garnered $734.5 million.

Meanwhile, M. Night Shyamalan's latest thriller, "Trap," made a modest entry into the box office, bringing in $15.6 million across 3,181 theaters for Warner Bros. The film, starring Josh Hartnett as a serial killer pursued by the police during a pop concert, faced challenges as it did not have an advanced screening for critics, resulting in lower reviews (48% fresh on Rotten Tomatoes). Audiences, however, gave it a C+ CinemaScore.

Despite its modest opening, "Trap" has a budget of approximately $35 million, with Shyamalan primarily financing it himself. While it may struggle to break even, David A. Gross, a film consultant and publisher of a newsletter for Franchise Entertainment, noted that Shyamalan's original thrillers outperform others in the genre by a significant margin.

In addition to "Trap," another release, "Harold and the Purple Crayon," failed to make a substantial impact at the box office. The Sony Pictures adaptation of the beloved children's book debuted with $6 million in earnings. Although critics gave it a lukewarm reception (28% fresh on Rotten Tomatoes), audiences, on the other hand, showed more enthusiasm, giving it an A- CinemaScore. "Harold and the Purple Crayon," starring Zachary Levi, had a production budget of around $40 million.

With regards to box office standings, the disaster film "Twisters," a sequel to the 1996 original directed by Lee Isaac Chung and featuring Glen Powell, Daisy Edgar-Jones, and Anthony Ramos, held strong in second place with $22.7 million in its third weekend. Domestically, it has already accumulated $195.6 million, displaying steady performance in North American theaters with a mere 35% decline from the previous week.

July ended on a high note for Hollywood, marking its best month in a year and the first $1 billion month since July 2023. While comparisons to the previous year are unfavorable, resulting from a sparse release calendar and a few box office failures, the success of two Walt Disney Co. projects, "Inside Out 2" and "Deadpool & Wolverine," played a pivotal role in boosting the overall revenue for the film industry.

However, signs of a challenging period for cinemas earlier this year remain evident. AMC Theatres, the largest North American theater chain, announced a staggering $32.8 million loss for the second quarter of 2024, reflecting the impact of a limited release schedule and underwhelming performances of certain films.

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