Japanese animation has dominated streaming for years. Now, it¡¯s slaying on the silver screen, too.

¡°Demon Slayer: Kimetsu no Yaiba ¨C Infinity Castle,¡± the first part of three movies that will conclude the hottest anime property in years, last weekend opened to $70.6 million in North America. That goes further than simply a record for a Japanese animation or the most for a foreign-language film. It¡¯s the sort of figure you¡¯d expect to see from a mainstream Hollywood hit ¡ª a ¡°James Bond,¡± say, or ¡°Fast & Furious.¡±

This is a watershed moment for an industry that has been on a parabolic growth path ¡ª and a model to follow to ensure it realizes the fruits of its success.