
Despite the rumors that Comcast had conversations with Stacey Snider and possibly Tom Rothman to take a top post at the studio, and despite the summer disappointment of Battleship, Universal Pictures has just set its best-ever result for North American box office with $1.128 billion. That beats the $1.127 billion set in 2008. Buoyed by hits like Ted, the studio will likely also beat its worldwide ticket sales record as well. It has four movies still to be released: Pitch Perfect, in wide release on October 5; the action-thriller The Man With The Iron Fists on November 2; Judd Apatow’s This Is 40, on December 21; and Les Misérables, on December 25. The films that Universal has released so far this year are: Contraband, Big Miracle, Safe House, Dr. Seuss’ The Lorax, Wanderlust, American Reunion, The Five Year Engagement, Battleship, Snow White And The Huntsman, Ted, Savages and The Bourne Legacy. The studio is number four in box office share behind Warner Bros (22 films), Sony a(21) and Disney with 13 films.
Steve Burke, CEO NBC/Universal, gave this vote of confidence to the film team headed by Adam Fogelson and Donna Langley: “Our film team has done a great job starting to turn things around and preparing the studio for the future. They have built some great new franchises, reinvigorated some older ones and acquired some very promising intellectual property. We are excited to see them execute on their plan in the years to come.”


Seth McFarlane does all his shows for Fox; does anyone know if the feature divisions at Fox passed on Ted? If Fox did pass on Ted, does anyone know why?
They passed on it twice. They, apparently, didn’t feel that a fairly sizable budget deserved to go to McFarlane because he was untested in the Features Market. Add to that the tough sell of the premise and they mistakenly hedged their bets. Considering the goldmine he has been for Fox, I think Universal was more than happy to take the risk and get a relationship started with him.
Fogelson! En fuego!!
“Buoyed by hits like Ted”…was it too difficult to list the other big time hits from Universal…guess so.
Does no one realize that this is the equivalent of saying, “Hey! I just spent 2 billion dollars to make 1 billion, come compliment me.”?
Good point, this entire article is basically an update of the old joke: “Hey, how do you make a large fortune in Hollywood? Well, you start with an even larger fortune…”
Thanks, you saved me the trouble. The bloated budgets and skyrocketing marketing costs should have led to more box office hits. TED is really the only Universal movie that is firmly in the black. Comcast has had conversations that will ultimately lead to new leadership.
They were NOT rumors.
If anyone thinks Universal is making good movies, they should have their head examined.
These executive morons make braindead crap. Suits everywhere can pat themselves on the back all they want when their crap grosses X dollars, even though it cost them X+ dollars to make. But in the end these execs do nothing but exert poor taste, ruin creative product, and try desperately to validate their meaningless existences.
If every executive vanished, perhaps we’d have better movies.
Between “Bridesmaids” and “Ted” Meyer is certainly making smart moves in general audiences starting with young comedy enthusiasts. Abbott and Costello. Lewis and Martin. Studios probably don’t go broke with the comedy word-of-mouth up front and a film that’s laughs throughout. Such comedies are DVD and consumer product groundswells with box office usually immediate. Speaking of Will Ferrell, Zach Galifianakis, “The Campaign,” but quite specifically “Casa de mi Padre” : Could Lionsgate have marketed that innovative invention any worse? Subversively layered I thought but hilarious foremost. Lionsgate didn’t seem to know what they had. It was a broad comedy that was art house provocative. I laughed a lot but also found it fascinating. Worth a second look just to dwell on the underpinnings that enhanced and did not distract from the depraved silliness.
According to Box Office Mojo:
The reported BUDGETS of Universal’s films this year equals 1,009,000,000. (and that’s the REPORTED budgets.)
… so — that’s a profit of 119 million bucks.
MINUS, of course, at least a couple hundred million in advertising, etc.
Internationally, they’ve made some money this year.
Domestically — they’ve lost at least a hundred million dollars.
I dont think comcast people are that dumb to look at this year as a success. regime change is the only thing that will save Universal.
There should also be an “attendance index” besides box-office numbers.
This would determine how many people see a movie, and would be a much more accurate barometer of a film’s success.
If there were such an attendance index, we’d be talking about a major plunge in the number of people going to the movies.
Real question is how much actual profit did they make?
It’s amazing to me that people totally over look the fact that Battleship is the most expensive ‘film’ that Univeral have ever produced and is almost certainly their biggest flop.
The relationship between Comcast and Universal is like that of a guy who gets a girl he had a one night stand with pregnant and is just biding his time until he can slip out for cigarettes and never come back.