A man dressed as Spider-Man entertains people lining up for free goods for their children affected by the COVID-19 lockdown in Manila, the Philippines on April 27, 2021.Photo:Xinhua

The hit new Spider-Man became the first billion-dollar-grossing film of the pandemic era over the Christmas weekend, reaching the milestone while holding firmly to the North American box office top spot, industry watcher Exhibitor Relations said Sunday.

"Spider-Man: No Way Home," British star Tom Holland's third solo outing in the wildly popular role, has grossed $467.3 million in North America and $587 million internationally, raking in more than $1 billion over 12 days and proving analysts' predictions that it could reach the milestone sum. 

It rocketed to that benchmark at a speed only matched by 2015's Star Wars: The Force Awakens, according to industry outlet Variety, and comes even as the rapid spread of the Omicron Covid-19 variant casts a pall over holiday outings worldwide.

Sony's latest installment to the comic-inspired series took an estimated $81.5 million in North America for the three-day period over the Christmas weekend, holding its top spot after scoring the third-biggest domestic opening of all time with more than $260 million, smashing early estimates.