Sony Pictures rides to $2 bn mark on back of 2012

MUMBAI: Empowered by the super success of 2012, Sony Pictures Releasing International (SPRI) will have crossed the $2 billion mark at the box-office this coming weekend.

"The record haul will power Sony Pictures Entertainment to its best-ever box- office year worldwide," said Sony Pictures Worldwide Marketing & Distribution chairman Jeff Blake.

2009 marks just the fifth time in motion picture history that any studio will have passed the $2 billion milestone internationally, following Paramount in 2008, Warner Bros. in 2007 and 2004, and 20th Century Fox in 2006.

SPE has already notched $3.357 billion at the box-office, surpassing the studio‘s previous worldwide box-office record of $3.334 billion in 2006.

Blake further said, "Even in the midst of an economy that continues to challenge our industry, this has been a tremendous year in just about every way we can imagine. First and foremost, we have had an extremely strong slate of films built by Amy Pascal, Michael Lynton and the Columbia, Screen Gems and Sony Pictures Animation production teams led by Doug Belgrad, Matt Tolmach, Clint Culpepper and Hannah Minghella.

In recent weeks, SPRI has pushed toward the $2 billion landmark with the blockbuster release 2012, that is supposed to pass $500 million internationally this weekend ($620 million worldwide box-office to date).

SPRI‘s many hits in 2009 include Angels & Demons that reached $352.6 million in foreign markets; Terminator Salvation, that made $220.6 million in SPRI‘s territories; District 9, that generated $69.4 million in SPRI‘s territories; The Ugly Truth that has taken in more than $114.2 from foreign audiences; The Taking of Pelham 1 2 3 that grossed $86.4 million internationally and Seven Pounds, released in 2008 that earned $99.3 million from international markets in 2009. Finally, Michael Jackson‘s This Is It, that ended its highly successful run in most territories on Tuesday by rompiing in $180.0 million internationally, making it the most successful concert film of all time.

Domestically, this year, Sony Pictures has released eight top grossers and is enjoying one of the highest grossing years at the box-office in the studio‘s history with more than $1.370 billion to date.

Latest Reads
Zee Studio to premiere the post-apocalyptic horror drama - MAGGIE!

Zee Studio, the hollywood movie destination, brings the Indian television premiere of Maggie. Starring multi-award winner Arnold Schwarzenegger and Academy Award-nominee, Abigail Breslin, this post-apocalyptic drama premieres on 10 December 2017, Sunday at 12 noon and 9 pm.

Movies Hollywood
Demonetisation, decline in govt ads impact UFO Q2 numbers

BENGALURU: Indian digital cinema distribution network and in-cinema advertising platform UFO Moviez Ltd (UFO) reported a 12.8 percent year-on-year (y-o-y) decline in consolidated operating revenue for the quarter ended 30 September 2017 (Q2 FY 2017-18) as compared with the corresponding year ago...

Movies Movies On Mutiple Platforms
The modern day economics of film financing

Only 2 per cent of the total movies released in 2016 in the US were computer graphic (CG) animation, yet they grossed more than 21 per cent of the US box office collection. Strong animation brands have longer shelf-life and generate revenue for years.

Movies International
Bengali film Posto to premiere on Hoichoi before satellite TV

NEW DELHI: Digital Bengali entertainment content platform Hoichoi has acquired exclusive digital rights of this year’s most successful Bengali feature film Posto, ensuring it a world digital premiere today before a satellite TV premiere. This will provide Bengali moviemakers a robust additional...

Movies Regional
PVR acquires minority stake in US luxury theatre chain

PVR Ltd (PVR) will acquire a minority stake in US-based luxury restaurant and theatre iPic-Gold Class Entertainment (iPic).

Movies Hindi
Eros reports higher profit margin despite fewer releases

BENGALURU: Sunil Lulla-led Eros International Media Limited (Eros) reported 21 per cent margin (on operating income) for consolidated profit after tax (PAT) for the quarter ended 30 September 2017 (Q2 FY 2017-18) as compared with 12.8 per cent margin for the corresponding quarter a last ago. The...

Movies Hindi
Inox reports increase in revenue, profits for second quarter

BENGALURU: Indian cinema chain Inox Leisure Limited (Inox) has reported improved revenue and net profit after tax (PAT) for the quarter ended 30 September 2017 (Q2-18, current quarter) as compared to the corresponding quarter of the previous year (Q2-17, year ago quarter). Inox revenue from...

Movies Hindi
1700 films received on ending violence against women film contest

NEW DELHI: Around 1700 entries from over 600 colleges have come in response to a campaign launchged earlier this year for two-minute films on generating debate and promote positive change in cultural and social norms around the value of women in India. The campaign ‘#BasAbBahutHogaya – Enough is...

Movies Hindi
Reduce GST on film industry, IMPPA pleads to FM Jaitley

NEW DELHI: The Indian Motion Pictures Producers Association (IMPPA) has urged the government to fix 5 per cent as the maximum GST rate that should be charged on all goods and services connected with the entertainment industry including entertainment tax.

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories