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‘Hobbit’ passes the $1 billion mark at the box office

March 3, 2013 at 8:51 pm by MrCere  - 

hobbit-anunexpectedjourney04“The Hobbit: An Unexpected Journey,” became the 15th movie ever to pass the $1 billion mark in international tickets, pushed past the milestone by totals from China, the film’s last major market, where it opened 10 days ago. $301 million of that total is from U.S. ticket sales with the other $700 million coming from the rest of the world.

The studios behind the film (Warner Bros., New Line, MGM) issued a press release to make the announcement.

Dan Fellman, President of Domestic Distribution said in the release, “We could not be more proud to have reached this amazing benchmark. Together with our partners at MGM and New Line, everyone at Warner Bros. congratulates Peter Jackson and his entire cast and crew on the extraordinary success of this film.”

Veronika Kwan Vandenberg, President of International Distribution, Warner Bros. Pictures said, “From Berlin to Beijing, it is so gratifying to see how the release of ‘The Hobbit: An Unexpected Journey’ has been such an event with audiences around the world. We know that moviegoers everywhere are already excited about the next film, as are we.”

243981-the-hobbitThe 14th film to do so pass the $1 billion mark was 2012′s “Skyfall,” a James Bond film. Ironically, the two films were the highest profile casualties of studio MGM’s debt crisis. The financial trouble of the studio, which has distribution rights to the Hobbit films and is home of the James Bond franchise, pushed both movies back. “The Dark Knight Rises,” and “Marvel’s The Avengers,” were also released in 2012 and are in the select box office club as well. “The Lord of the Rings: The Return of the King,” is another one of the films.

TheOneRing.net wrote on January 4 that the reports of the film’s financial disappointment were premature and wrong.

THE HOBBIT: AN UNEXPECTED JOURNEYNext to the U.S., the top markets are Germany with $90 million, the U.K. with $84.3 million, France at $44.9 million, Australia’s $44.3 million and Russia’s $43.8 million. China with $37.3 million in 10 day has a chance to move past several of those films.

The next film in the series, “The Hobbit: The Desolation of Smaug,” is scheduled for release Dec. 13 and “The Hobbit: There and Back Again,” has recently been moved to Dec. 17, 2014. TheOneRing will have grass roots line party events for both films around the globe and hopefully Oscar night parties in Los Angeles for both as well.

Posted in Hobbit Movie, LotR Movies, MGM, New Line Cinema, Peter Jackson, Studios, The Hobbit, Warner Bros. on March 3, 2013 by ‘Hobbit’ passes the $1 billion mark at the box office | Discuss
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