Beyoncé rakes millions over weekend with 'Renaissance' concert film

Renaissance: A Film by Beyoncé bagged a new milestone at the U.S box office this weekend.

The pop star’s concert film raked $21.8 million as a research firm named Comscore claims that it broke Tom Cruise’s 2003 movie The Last Samurai which crossed the $20 million mark over its first weekend.

"It's kind of a dead zone for the box office historically. It’s like the weekend after Labor Day or the first weekend after the summer is over. There’s a lull there that often happens, so I think they picked a great release date,” said Comscore senior media analyst Paul Dergarabedian.

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Beyoncé debuted the film, written, directed and produced by her, on the silver screen and will be receiving 50% of ticket sales, meaning that she made $10 million in one weekend.

Elizabeth Frank, AMC Theatres executive vice president, thanked the Lemonade hitmaker in a heartfelt statement. “On behalf of AMC Theatres Distribution and the entire theatrical industry, we thank Beyoncé for bringing this incredible film directly to her fans.”

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While Beyoncé broke records, the milestone is still nowhere close to Taylor Swift’s Eras Tour film, released in October, as it raked $92.8 million on its opening weekend, and has since made more than $250 million globally.