Sony Pictures reaches $3 billion worldwide box office for the first time

MUMBAI: While its electronics division is in trouble one area where Sony has been doing really well in is in films. For the first time in its history, Sony Pictures Entertainment (SPE) has crossed more than $3 billion in worldwide ticket sales.

As had been reported earlier by, in India Sony crossed the Rs 1 billion mark for the third time in four years.

This marks the fourth time in history that any studio has reached the $3 billion mark in a single year. Internationally, the studio has already realised its best year of all time, with just under $1.5 billion and counting. Domestically, the studio has already passed more than $1.5 billion and is on pace to surpass $1.573 billion, the most any studio has ever generated at the box office in a single year in North America, a record held by Sony since 2002.

2006 marks the third time in the past five years that SPE has been the number one studio in the US in terms of share. As Sony finishes the year, the studio controls over 18 per cent of all tickets sold in the US and Canada. Led by The DaVinci Code, the worldwide blockbuster that has grossed over $750 million at the box office, SPE has seen four films exceed more than $100 million in domestic box office -- including Talladega Nights: The Ballad of Ricky Bobby, Click, The DaVinci Code, Casino Royale -- and five more have surpassed the $100 million worldwide threshold (Pink Panther, Monster House, Open Season, Underworld: Evolution and Little Man).

Columbia TriStar Motion Picture Group chairman worldwide marketing and distribution Jeff Blake says, "This is the kind of year that is pretty hard to top. Hitting $3 billion in worldwide box office is an incredible accomplishment in every way. The fact that we are reaching this peak by potentially passing the domestic industry box office record while at the same time enjoying our best year ever internationally is just a staggering achievement that makes us all very proud.

"This isn't the result of just one film -- our entire slate really worked this year, and credit for our success goes first and foremost to the extraordinary filmmakers and actors that brought us The DaVinci Code, Talladega Nights: The Ballad of Ricky Bobby, Click, Casino Royale, The Pink Panther, Underworld: Evolution, Monster House, Open Season and so many others."'

Blake also credited "The remarkable talent and hard work exhibited by our production, marketing, and distribution teams. Today, we're celebrating and thanking everyone who played a part in the success of our 2006 slate worldwide."

The studio reached its achievement in a year that featured a record 12 films opening at number one and strong performances from all the labels under the Sony Pictures Entertainment banner: Columbia Pictures, Screen Gems, Revolution Studios, TriStar Pictures, and co-productions in association with MGM.

Latest Reads
CNNMoney new section will be about the fastest growing economy; MoneyStream app launched

MUMBAI: Attracting 1.8 million average monthly page views, witnessing a 37 per cent growth in video consumption and 16 per cent in unique browsers month-on-month from India in less than a year’s time is not smooth. In its ambitious plan of global expansion, CNN Digital is leaving no stone unturned...

Television TV Channels News Broadcasting
Content a 'Game of Thrones'; AT&T's control over HBO, Cartoon Network, Warner Bros faces regulatory lens

The global media landscape is resulting in a new juggernaut as an internet and cable behemoth yesterday purchased an entertainment conglomerate making the former unmatched in its size and reach to consumers through home broadband, smartphones, satellite television and a battery of movies and cable...

Television TV Channels English Entertainment
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

MUMBAI: Can businesses and industries practise their art of selling fairly although they have 'Fair Practices' training during academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India. If the traffic cop is watching,...

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary
Colors emerges strong on strength of Naagin I & II

MUMBAI: One of the top rated shows Naagin Season 2 helped Colors reach a top-ranking position.

Television TV Channels GECs
Pakistan Broadcasters Association to oppose PEMRA Indian content ban

MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories