Movies

Paramount crosses $ 1 billion in the US box-office in 2010

MUMBAI: There‘s good news for Paramount Studio. Not only has it become the first studio in history to generate $1 billion for four years in succession, it has become the first studio to cross the $1 billion mark at the domestic box-office in the US this year.


On the other hand, 20th Century Fox that has surpassed $ 2 billion internationally, is all set to cross the $1 billion mark domestically soon.


For years, Paramount lagged behind the others as far as market share was concerned, but the studio‘s box-office fortunes improved greatly this year. So far this year, it released five titles in the US and till Sunday, the studio‘s domestic revenue stood at $1.005 billion that was catapulted by Marvel Entertainment‘s Iron Man 2, that grossed $306.9 million and two DreamWorks Animation‘s animated films How to Train Your Dragon ($215.4 million) and Shrek Forever After ($229.4 million).


Among the films that opened this year, Iron Man 2 stands at No. 2 after Disney‘s Alice in Wonderland ($334.2 million). Twentieth Century Fox‘s Avatar, released in January is still the top grosser of the year, grossing $466 million. The film‘s total domestic box-office figures stand at $749.5 million.


Till Sunday, Warner Bros.‘s domestic box-office revenue stood at $849.8 million; Disney, $794.4 million; Sony, $423.2 million; Universal, $376.5 million; Lionsgate, $237.9 million and Summit Entertainment, $113.8 million.
 

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