It's the 2nd Hollywood studio to do it this year, behind Paramount. And the only studio to accomplish this for 9 straight years:
Burbank, CA, July 19, 2009 – On the heels of seven films opening to the number one position at the box office since January 2009 – more than any other studio – and an incredible Wednesday release of Harry Potter and the Half-Blood Prince this week, Warner Bros. Pictures has surpassed the $1 billion threshold in domestic box office revenue for the tenth out of the past eleven years and remains the only studio to accomplish this feat for nine consecutive years. The announcement was made today by Dan Fellman, President, Distribution, Warner Bros. Pictures.
The Division enjoyed a robust start to the year with the expansion of Clint Eastwood’s highly acclaimed drama Gran Torino, which became Eastwood’s largest opening weekend and highest-grossing film ever with more than $148m at the box office. The subsequent successes of Watchmen, New Line Cinema’s He’s Just Not That Into You, Friday the 13th, and 17 Again, this summer’s breakout hit The Hangover, which at more than $235m has become the highest-grossing R-rated comedy ever, and now the tremendous opening of Harry Potter and the Half-Blood Prince pushed Warner Bros. Pictures over the threshold in a mere 192 days – a record within the studio.
“Our tentpole strategy combined with an enormously diverse overall slate has once again proved profitable at the box office,” said Fellman. “We could not be more proud of the studio’s achievements already this year, and we’re anticipating an even bigger second half of 2009.”
The Hangover, which continues to perform strongly across the country in its seventh week in release, is the fastest R-rated comedy to reach the $150m mark and was the first movie this summer to retain the number one box office position for two consecutive weeks. Additionally, Harry Potter and the Half-Blood Prince is expected to deliver massive revenue following its first five days of release, as it’s already become the largest grossing midnight showing ever and the largest opening day for the franchise.
Carl Icahn Now Wants ALL Of Lionsgate
Burbank, CA, July 19, 2009 – On the heels of seven films opening to the number one position at the box office since January 2009 – more than any other studio – and an incredible Wednesday release of Harry Potter and the Half-Blood Prince this week, Warner Bros. Pictures has surpassed the $1 billion threshold in domestic box office revenue for the tenth out of the past eleven years and remains the only studio to accomplish this feat for nine consecutive years. The announcement was made today by Dan Fellman, President, Distribution, Warner Bros. Pictures.
$1B in grosses yet the studio is still laying off people.
Up yours Universal!!! Love Ronnie, but Universal can suck a fat one!
And it will be very interesting to see what they do in 2010 for comparison. Their 2010 release schedule is anemic at best and at this late date in 2009, it’s difficult to see how they can start shows to repair it. If I were a stockholder, I’d be selling before the end of the year…
I think the exec who gave the greenlight to the $235 million dollar earning Hangover, got a pat on the back.
Though I’m sure Gran Torino turned out to be a pleasant surprise for them as well.
Cool, $1B and counting, so when can I get back to work?
Terminator’s $123 million didn’t hurt them either. I’m sure they wanted more, but here’s hoping they greenlight a sequel.
So, explain to me why Clooney left?
Patrick, Terminator’s $123 million didn’t hurt them?! Did you work on the film or something and hope to get hired for a sequel? Given WB must have invested north of $325 million on that film, I’d say they were pretty pissed.
I’d have put a crisp twenty on The Hangover doing not much business this summer as Warners’ record with comedies has been wretched for what seems like forever.
But you cannot argue with a near $250m domestic gross. Universal, Sony (who have seen off some bad times with cheap comedies) and the Apatow crew must have been shell shocked when they saw that number roll in.
Despite the fact Warners had a Harry Potter in their summer release schedule it was still a slate patched together with titles left over from New Line.
All in all it will be interesting to see if projects like Where The Wild Things Are can break out like The Hangover did for them.
Clooney said he wanted a change, but Warner thought he said “chains”. When they chained him, he got a little pissy. Who knew?
But I thought they weren’t making any money and can’t afford to pay anybody?
@ Dan: There were reports on Variety that Warner paid about 50-60 mio for the domestic rights of T4 to Halcyon (+ advertisment) and Sony paid 75 mio for most of the foreign markets.
Nikki, I realize that your target audience is pretty stupid, but even you know that gross is a meaningless number, don’t you? It’s not the same as profit, a fact that eludes the mental midgets like Josh who frequent your site. But I guess if your readers had the IQ and education to understand something that simple, they wouldn’t be waiting tables for a living.
Hollywould – getting back to work means 3 people who can afford to rent 3 HD Cameras and a few actors. Write a cool 90 minutes worth of action/dialogue and film it. Edit on a Mac and distribute yourself or get a negative pick-up deal from one of the Big Six. Holly would – why wouldn’t you.