'Scream' beats 'Spider-Man: No Homecoming' at North American box office this week

Sony's Spider-Man: No Home is no longer the highest-grossing film in the U.S. for the first time since its mid-December debut. Paramount's Scream, the first new entry in the series since 2011's Scream 4, is expected to take in $30.6 million over the four-day holiday weekend, displacing Spider-Man: No Way Home ($26 million projected).

Variety, which obtained the figures, said Scream's $30.6 million domestic box office was a "spectacular result," given that it was made on a $25 million budget.

Paramount boss Chris Aronson said Scream directors Matt Bettinelli-Olpin and Tyler Gillette had "reinvigorated the franchise for existing fans and introduced it to a new generation of fans." Aronson added: "We're hearing from people who have seen the film more than once or plan to see it multiple times."

As for No Man's Land, the film has now grossed over $700 million in the United States, making it one of the most historically and commercially successful films in the country. It is also in the top 10 worldwide.