Steven Spielberg’s latest film, Disclosure Day, has opened strongly at the global box office with $92.9 million in its first weekend, including $44 million in the US. The $115 million sci-fi thriller, starring Emily Blunt and Josh O’Connor, centers on a decades-long UFO cover-up and relies heavily on premium format screenings, which drove nearly half of its domestic earnings. With an additional $80 million spent on marketing, the film needs to reach around $300 million globally to break even.

The release coincided with several other box office milestones. Curry Barker’s horror film Obsession held strong at No. 2, surpassing $286 million worldwide and outperforming A24’s Backrooms, which reached $262 million and became the studio’s top earner. Meanwhile, Antoine Fuqua’s Michael, a biopic on Michael Jackson starring Jaafar Jackson, crossed $932 million globally, overtaking Bohemian Rhapsody to become the highest-grossing music biopic ever.

Michael is now approaching Christopher Nolan’s Oppenheimer, the current highest-grossing biopic with $975 million in 2023. Despite controversy surrounding its subject and production, Michael has performed exceptionally well internationally. Disclosure Day, by contrast, underperformed in China, earning just $2.95 million and opening at No. 3, though Imax screenings accounted for over a quarter of its Chinese gross.