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Wednesday, May 16, 2012

WARNER BROS. RISES TO $1-B AT INT'L BOX OFFICE IN RECORD TIME

Division Crosses Threshold For 12th Consecutive Year

On the heels of its strong overseas opening of Dark Shadows and the momentum of its first quarter releases, Warner Bros. Pictures has surpassed the $1 billion threshold in overseas box office in less than five months, surpassing its 2010 Studio record by ten days. This marks the twelfth consecutive year the Division has grossed over $1 billion overseas, beginning in 2001. The announcement was made today by Veronika Kwan Vandenberg, President, International Distribution, Warner Bros. Pictures.

The Studio hits this high water mark as it gears up for a full slate of highly anticipated titles later in the year, including Adam Shankman's Rock of Ages, Christopher Nolan’s The Dark Knight Rises, Ben Affleck's Argo, and Peter Jackson's The Hobbit: An Unexpected Journey.

The Division enjoyed a strong start early in the year with the continued overseas success of Sherlock Holmes: A Game of Shadows, which grossed $257 million in 2012 ($357 million total international box office). This was followed by impressive grosses on the 2D and 3D releases of Journey 2: The Mysterious Island ($222 million) and Wrath of the Titans ($218.3 million). Released in some territories day-and-date with the U.S., Dark Shadows has already grossed $37.3 million, with many markets yet to open. Earnings from 3D venues reached $324 million, representing nearly a third of the Division’s cumulative gross for 2012.

“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,” Kwan Vandenberg said. "These remarkable results demonstrate the continued strength of the international business, particularly in rapidly expanding overseas markets and in 3D.”

Warner Bros Pictures International has been the market leader in six of the previous 11 years. The Studio has surpassed $1 billion at the international box office a total of 15 times, with four of those years exceeding $2 billion, including 2011. The studio earned $2.87 billion internationally last year, and was the number one studio in Europe.

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