'Sinners' overperformed at the box office, but only made $60 million. Here's why the Michael B. Jordan movie is a win — and it's not just because it was made by the director of 'Black Panther.'

• Ryan Coogler's "Sinners" topped the box office last weekend, earning $61 million worldwide.
• "Sinners" outperformed expectations, surpassing "Minecraft" at the domestic box office.
• Warner Bros. marketed "Sinners" as an event, with 45% of earnings from large-format screens.

It was a big weekend for fans of original movies.

Ryan Coogler's deep South vampire movie "Sinners" pulled off an Easter weekend win over "Minecraft," taking in $45.6 million at the domestic box office and $61 million worldwide.

Going into the weekend, many in the industry forecast "Minecraft," the hit blockbuster based on the popular video game, to win out for a third straight weekend with "Sinners" coming in second place. But the thriller, starring Michael B. Jordan in dual roles, overperformed to take the top spot and dethrone "Minecraft," which brought in $41.3 million.

The film centers on Jordan portraying identical twin brothers, Smoke and Stack, who start up a Mississippi juke joint only to find it all unravel on opening night when a trio of vampires show up.

Some took to social media to downgrade the win for "Sinners," pointing out that with its $90 million-plus budget, it's still in the red. Others felt the movie was getting its high praise only because it was directed by the guy behind the "Black Panther" franchise.

Still, Warner Bros., which released "Sinners" (as well as "Minecraft"), went much farther to make the movie a hit than leaning on its director's name recognition.

"Sinners" is a box office hit because Warner Bros. made it an "event."

When Coogler originally came up with the idea for "Sinners," he was thinking very low budget.

"I thought we were going to shoot it on Super 16mm," Coogler told Business Insider ahead of the film's release. "I thought it was going to be a down-and-dirty movie."

That all changed when the director took a trip to Mississippi, where the movie would be set, and realized it had to be "epic and mythic." Then Warner Bros. put the cherry on top.

"An executive at Warner Bros. reached out and asked if I considered large format," said Coogler, referring to having the movie released for IMAX and other large format screens. "And he was asking from a business sense, seeing how complicated it's become to convince folks to come out of their house and watch something that's original."

"As soon as he said that, it unlocked something in me," the director continued. "It was the missing link to what the movie needed."

Coogler didn't just make a story for the biggest screens; he shot on IMAX cameras, which led to the movie having IMAX 70mm screenings, the first movie to have that kind of special treatment since Christopher Nolan's Oscar-winning best picture, "Oppenheimer."

Warner Bros. built the movie up as an event so that you had to see it — not just on the big screen but on the biggest one you could find.

It resulted in 45% of the opening weekend domestic gross for "Sinners" coming from premium large-format screens. Twenty percent of that was from IMAX alone, the highest ever for a horror movie shown in that format.

Coogler's "Sinners" will not only turn a profit but will hopefully prove to the industry that audiences want more than just adaptations, sequels, and remakes when they go to the movies.

A $60 million-plus opening weekend is in no way a disappointment

Yes, "Sinners" does have a big budget, but to put it simply, you have to spend money to make money, particularly when trying to get an original movie out to a wide audience.

And "Sinners'" overperformance domestically and taking in $61 million worldwide isn't just a step in the right direction for Warner Bros. toward profitability; it's a giant leap forward.

If "Sinners" were a major blockbuster based on an existing IP, taking in $60 million worldwide would be a huge disappointment. But getting audiences out in droves is a gargantuan task for an original movie.

Warner Bros. executives must be doing backflips this morning. "Sinners" had the biggest opening for an original movie since the pandemic, passing Jordan Peele's thriller "Nope" ($44.3 million). That 2020 film went on to make over $100 million at the domestic box office and $171 million worldwide.

Warner Bros. has one more weekend to earn big before Marvel's "Thunderbolts*" opens May 2. That's more than enough time for the movie to come close or even surpass its $90 million budget at the worldwide box office.

And if Warner Bros. is smart, it will keep the movie in theaters into the summer, as last weekend clearly showed that audiences want original story options at their multiplex.