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MUMBAI: In 2007, Universal Pictures set a new
box-office record in the nearly 100-year history
of the studio with global theatrical grosses
totalling $2.133 billion for the year. This
worldwide box-office total indicates an increase
of 23 per cent over 2006's $1.7 billion.
Universal
achieved its best-ever year in the US with $1.099
billion, and its best performance since 2001
at the international box office with $1.034
billion.
Combined
with best-ever fiscal performances from its
domestic home entertainment and international
television operations, Universal Pictures achieved
its most profitable year of all
time. Universal Pictures chairman Marc Shmuger
and co-chairman David Linde said, "2007
was a real turnaround year for Universal. Our
studio ended this year at a level of success
that exceeds even what we had imagined. What's
especially fulfilling is this record didn't
result from one or two home runs that saved
the bottom line, but from a diversity of successes,
and that's emblematic of how Universal works.
"We
made hits from a mix of established action franchises,
original comedies and challenging dramas; we
succeeded with filmmakers with whom we have
long histories and new talents with whom we
are just starting relationships; we created
movies that captivated audiences around the
world and ones that represented the best in
artistic quality -- and in some cases, did both
of those at once."
Five Universal films that crossed more than
$100 million in the US were Knocked Up,
Evan Almighty, I Now Pronounce You
Chuck & Larry, The Bourne Ultimatum
and American Gangster. 2007's annual
tally represents a significant uptick from 2006,
when the studio's domestic gross was $799 million.
Abroad
Universal Pictures International (UPI) was officially
launched in January 2007, as an independent
distribution entity and enjoyed a successful
first year, crossing the $1 billion threshold
earlier than ever before (when it was part of
the joint venture UIP) and reaching a year-end
international gross of more than $1.034 billion,
its best in six years.
UPI's buoyant year at the box office was galvanised
by global blockbusters like The Bourne Ultimatum,
which earned more than $213 million at the international
box office, and international successes like
Mr. Bean's Holiday ($192 million), Hot
Fuzz ($56.8 million) and The Holiday.
Focus Features also had a strong year with Atonement
becoming one of the most critically acclaimed
films of the year. Other critically acclaimed
films were Eastern
Promises,
which releases this weekend in India, and Lust,
Caution.
Universal's home video division generated
nearly $2.7 billion in consumer spend in the
US alone. The success was fuelled in large part
by the performances of The Bourne Ultimatum
and Knocked Up which were the two highest-selling
DVDs of the year.
Universal adds that its slate for this year
continues to represent a diverse blend of genres,
star vehicles, franchise event fims, comedies
and stories of personal empowerment, including
Leatherheads, directed by George Clooney
and starring Clooney, Renee Zellweger and John
Krasinski; producer Judd Apatow's romantic disaster
comedy Forgetting Sarah Marshall; Marvel
Studios' The Incredible Hulk, starring
Edward Norton, Liv Tyler and William Hurt; director
Timur Bekmambetov's thriller Wanted starring
James McAvoy, Morgan Freeman and Angelina Jolie;
Mamma Mia!, the film adaptation of the
stage musical starring Meryl Streep, Pierce
Brosnan, Colin Firth and Amanda Seyfried; director
Clint Eastwood's thriller Changeling,
produced by Brian Grazer and starring Angelina
Jolie.
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