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The Hobbit hits half a billion

December 28, 2012 at 6:42 am by Demosthenes  - 

Warner Bros., New Line Cinema and MGM have announced that The Hobbit: An Unexpected Journey has surpassed the $500 million benchmark at the worldwide box office.

To date, the blockbuster has earned an estimated $179.7 million in the USA. In addition, on the heels of its record-breaking release in Australia — the biggest Boxing Day opening of all time — the film has grossed an estimated $344 million internationally. The global total is $523.7 million, and steadily climbing.

Dan Fellman, Warner Bros. President of Domestic Distribution, said: “We are extremely gratified by the response of moviegoers who love the film and, in many cases, are taking this terrifically entertaining ‘Journey’ to Middle-earth more than once. We anticipate that positive word of mouth and repeat viewings will continue to result in strong returns well into the New Year.”

Veronika Kwan Vandenberg, President of International Distribution, Warner Bros. Pictures. said: “These fantastic box office numbers demonstrate that the film’s playability has no borders. Peter Jackson has created a truly global event with a film that thrills audiences in any language. Warner Bros. joins our partners at MGM and New Line in congratulating him, his cast and crew, and everyone involved in this film on this milestone.”

All three films in The Hobbit trilogy, including The Hobbit: The Desolation of Smaug, and the final film, The Hobbit: There and Back Again, are productions of New Line Cinema and Metro-Goldwyn-Mayer Pictures (MGM), with New Line managing production. Warner Bros. Pictures is handling worldwide theatrical distribution, with select international territories as well as all international television distribution being handled by MGM.

Posted in Hobbit Movie, MGM, New Line Cinema, Studios, Warner Bros. on December 28, 2012 by
Source: Business Wire