Given how global exhibition has been impacted by Covid with reduced capacities and on-and-off closures in certain territories, we haven’t harped on the profit and loss of theatrical movies. Until now. Of course, as the first $1 billion grossing global title of the pandemic, Sony/Marvel’s Spider-Man: No Way Home is already bound for a $242M net profit
As James Cameron’s Avatar once again became the highest-grossing film of all time worldwide today, a long-held Hollywood tradition of the previous record-holder paying homage continued. Marvel Studios, whose Avengers: Endgame was just eclipsed by Avatar, tweeted congratulations to Cameron, as well as producer Jon Landau and “all of the Na’vi Nation” for “reclaiming the
As has been expected over the past few days, James Cameron’s Avatar has swapped places with Avengers: Endgame, reclaiming the title of highest-grossing movie ever worldwide. The China reissue of the 2009 3D sci-fi phenomenon had taken an estimated RMB 58M ($8.9M) through 5PM local time on Saturday after re-releasing on Friday in the market.
UPDATE with amended pre-sale figures, writethru after Wednesday post: Long-rumored for a China re-release, James Cameron’s Avatar suddenly popped onto the calendar this week. The erstwhile highest-grossing film of all time worldwide will hit Middle Kingdom cinemas on Friday, March 12. In so doing, it has a chance to jockey back up to the No.
Directors Anthony and Joe Russo climbed the ladder again in Deadline’s Most Valuable Blockbuster Tournament, winning for a second year in a row thanks to the all-time. record-breaking. $2.79 billion-grossing Avengers: Endgame, which netted close to a $900 million profit for Walt Disney Studios after all theatrical rentals, global home entertainment and TV profits. The
When it comes to evaluating the financial performance of top movies, it isn’t about what a film grosses at the box office. The true tale is told when production budgets, P&A, talent participations and other costs collide with box office grosses and ancillary revenues from VOD to DVD and TV. To get close to that mysterious end
Refresh for latest…: The theatrical business continued to thrive overseas in 2019, hitting a record $31.1B per comScore’s latest estimates, and an all-time high of $42.5B globally. This is the first time worldwide exceeds $42B and the first the international box office climbs past $30B. The results come in a year when domestic dipped by
In early December, Disney became the first studio in history to cross the $10B mark globally. Now that 2019 has drawn two a close, the numbers have jumped even higher. For the calendar year, The Walt Disney Studios has posted a combined global gross of $13,151.7M across both Disney and Fox releases. That reps $4,328.3M
Well, that took some time. Finally, the 2019 domestic box office –which was loaded with mega Disney IP such as the second-highest grossing domestic title of all-time Avengers: Endgame ($858.3M), along with the Burbank, CA studio owning seven of the top ten pics of the year (all in excess of $362M-plus) –has crossed $11 billion.
Frozen 2 and its cumulative $919.7M in global snow dust, have helped bring Disney to the $10B threshold worldwide for 2019. Officially, the studio will cross the mark within the next day. Current studio cumes stand at $3.28B domestic and $6.717B from the international box office. That’s $9.997B global through today. This is a new
Disney for the third time in both the studio and the motion picture film industry, will click past the $3 billion mark at the domestic box office either today, most likely tomorrow with the opening of Frozen 2 this weekend. This doesn’t include any B.O. from Fox or Fox Searchlight which is around $463.9M (but if you
EXCLUSIVE: When Avengers: Endgame surpassed Avatar to claim the title of the highest-grossing film in history, it ended one of the most impressive reigns in the annals of screen entertainment: James Cameron, with first Titanic (1997) and then with Avatar (2009), had owned the top spot on the all-time chart for a staggering 7,817 consecutive days —