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Fast & Furious is one of Hollywood’s most lucrative franchises, with worldwide box office receipts of around $6 billion.
The Fast & Furious franchise's highest-grossing movie till January 2022 was “Furious 7” (2015). The eighth film in the series brought in over 1.5 billion dollars worldwide, of which 353 million were earned in the US and Canada.Fast and Furious 9 made US$135 million at the Chinese box office, dethroning the US as the world’s largest movie market, despite the fact that local films predominated throughout the pandemic.Franchising is based on a marketing concept that can be implemented by employing a corporation as a strategy for business expansionA franchisor may grant a franchisee a license to use all or a portion of its intellectual property, business strategies, enterprise version, brand, and sales rights for its branded goods and services. Returning, the franchisee will cover specific fees and maintain the same commitment to uphold the obligations, which are normally outlined in a franchise agreement.
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