‘Fantastic Beasts’ Passes Half Billion Mark at Global Box Office

After just two weeks in theaters, “Harry Potter” spinoff makes huge gains

Eddie Redmayne in Fantastic Beasts and Where to Find Them 2016
Warner Bros.

Proving that “Fantastic Beasts and Where to Find Them” has strong legs, the Warner Bros. spinoff has already surpassed half a billion dollars at the global box office after its second weekend in theaters.

The film has so far earned $161 million domestically and $344 million internationally for a global box office total of $505 million and counting.

“With ‘Fantastic Beasts,’ the brilliant J.K. Rowling has created an immersive story with timeless themes that are resonating with both critics and audiences in every corner of the world,” Sue Kroll, Warner Bros. president of worldwide marketing and distribution, said in a statement. “We congratulate her, our director David Yates, the wonderful cast and everyone involved in the film on this milestone.”

The big question around “Fantastic Beasts” has been whether it could make enough at the box office to justify Warner Bros.’ already-promised five-series spinoff franchise.

The film’s second weekend came in strong, earning $65.8 million over the course of the five-day holiday weekend and $45.1 million during the three-day frame, to finish second behind Disney’s new animated “Moana.”

Three-day totals for “Beasts” account for a strong second weekend drop of only 39.4 percent, compared with the “Harry Potter” prequel’s $74.4 million first weekend debut.

That put the movie at a rank of 51 for all-time highest-grossing second weekends, just behind Sony’s 2004 comic book movie “Spider-Man 2.”

“Fantastic Beasts” is not far behind 2011’s “Harry Potter and the Deathly Hallows – Part 2,” which earned $49.1 million in its second weekend for a rank of 42. And that film’s second-weekend drop was a much steeper 72 percent. If it keeps on pace with “Hallows – Part 2,” it will be the second film ever from Rowling’s wizarding world to surpass $1 billion.

The best second weekend for a “Harry Potter” movie is 2001’s “Harry Potter and the Sorcerer’s Stone,” which ranks at 22 with $57.5 million in domestic box office — and an impressive 36.3 percent drop.

While Warner Bros. superhero movie “Batman v Superman: Dawn of Justice” ranks 35 on the list with $51.3 million, its second weekend experienced a steep 69.1 percent decline from its $166 million first weekend — representing the low-end of second-weekend performances for studio tentpoles.

The percentage drop for “Fantastic Beasts” is in line with the highest domestic-grossing movie of all time: “Star Wars: The Force Awakens.” In fact, it narrowly beat the 2015 Disney-Lucasfilm’s hit, which came in 39.8 percent lower on its second weekend with, albeit, a much higher sum of $149.2 million, compared with its massive $247.9 million domestic opening.

“Fantastic Beasts” has been making suitcases full of money overseas, earning $132 million in 67 markets last weekend alone.

All in all, the David Yates-directed film starring Eddie Redmayne as British “magizoologist” Newt Scamander in 1920s New York has had an assuredly strong start to launch its next four movies.

The already green-lit second film in the “Harry Potter” spinoff series will be set in another major world city and will feature different magical creatures.

“Fantastic Beasts and Where to Find Them” is inspired by the J.K. Rowling book of the same name, which was a mock textbook about magical creatures. (She also wrote the screenplay.) In the “Harry Potter” series, the book is required reading for Hogwarts students.