Movies

3D helps Warner Bros cross $1 bn in overseas markets

MUMBAI: Setting a new studio record and marking the 12th straight year, Warner Bros. has surpassed $1 billion at the overseas box office in less than five months, the biggest contributor being Sherlock Holmes: A Game of Shadows, that amassed $257 million of its $357 million overseas haul in 2012.
 
Also passing the $200 million mark this year were films like Journey 2: The Mysterious Island and Wrath of the Titans. The studio has made over $1 billion internationally 15 times, crossing the $2 billion mark four times.
 
"Our success thus far this year would not be possible without the ingenuity of our filmmakers, and the hard work and dedication of our teams around the world," said Warner Bros., president of international distribution Veronika Kwan Vanderberg. "These remarkable results demonstrate the continued strength of the international business, particularly in rapidly expanding overseas markets and in 3D."
 
The studios’ 3D revenues have go far garnered $324 million, a third of the overall sum.
 
In its release, Warner Bros. has also claimed that its international division has been the market leader six times in the last 11 years.

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