Monday, January 02, 2012

Paramount Scores $5.17 Billion In 2011

Paramount Pictures report that the studio out-earned all the other studios with $5.17 billion at the worldwide box office in 2011. Paramount released a total of 16 new releases in North America in 2011, placing first in North American market share with $1.96 billion, while also amassing record grosses at the international box office with $3.21 billion.

"This achievement reflects the combined efforts of our entire team across the globe and the careful process by which we select the projects and partners we believe in," said Paramount Pictures Chairman & CEO Brad Grey.

"We deliver pictures that aspire to entertain audiences around the world, while at the same time we have sought to find innovative ways to reach movie-goers in this changing entertainment environment."

The studio had its first ever $1 billion worldwide grossing film in director Michael Bay’s "Transformers: Dark of the Moon" and successfully launched the "Mission Impossible" franchise, Marvel Studios' "Captain America: The First Avenger" and "Thor".

In 2012, the studio's 100th anniversary, Paramount’s release highlights include "World War Z", directed by Marc Forster, "G.I. Joe: Retaliation", the next installment in the Hasbro toy live-action franchise and "The Dictator", starring Sacha Baron Cohen, directed by Larry Charles.

Click the images to enlarge...