
BREAKING: Remember the bruising that Universal Pictures brass received over the summer when Battleship failed and when rumors were published that Comcast had courted DreamWorks partner Stacey Snider to return? Now, Universal’s Ron Meyer, Adam Fogelson and Donna Langley have reason to take a bow. The studio, which passed the record for Universal’s domestic grosses back in October, is now on course to blow past its global record, even before Les Miserables gets released on Christmas. Grosses aren’t profits, of course, but hits like Safe House and Ted certainly have created some momentum. Here is the official release:
For more estimates listed by title, see box office results here...
UNIVERSAL CITY, CA, December 20, 2012—Universal Pictures today announced that 2012 will mark its best year at the worldwide box office in the studio’s 100-year history with global theatrical grosses exceeding $2.927 billion to date. Universal broke its domestic record ($1.127 billion) in October and the studio will surpass its international record ($1.716 billion) Friday, December 21.
Universal’s success has not been buoyed by a single traditional franchise film but, rather, a portfolio of diverse films that saw warm reception at the box office. Universal was the only studio in 2012 to have five non-franchise films gross over $200 million at the worldwide box office. The slate featured seven films that grossed over $200 million worldwide – more than any other studio (Safe House $209.1m, American Reunion $235.5m, The Bourne Legacy $276.3m, Battleship $307.8m, Dr. Seuss’ The Lorax $349.7m, Snow White and the Huntsman $400.8m, Ted $502.5m).
Universal had six films claim the number one spot at the domestic box office in 2012. The studio also has one of the highest per film average grosses at $80.7 million.
Individual Film Records for 2012:
Ted became the highest-grossing original R-rated comedy of all time. At $502.5 million worldwide and counting, it is Universal’s highest-grossing film of 2012. Ted opened number one in the U.S. and was number one in 27 out of 62 territories where it was released. It was the highest grossing comedy of the year overseas and Universal’s all-time biggest opening in Australia and Austria. Ted remained in the top three films at the international box office for seven weeks.
Illumination Entertainment solidified its place as a leader in the family and animation space with the highest 3-day opening for an animated film of the year – Dr. Seuss’ The Lorax ($70.2 million). Dr. Seuss’ The Lorax also had the eighth highest domestic opening for an animated film of all time.
Safe House marked Denzel Washington’s second biggest opening of his career and his second highest-grossing film ever behind only one other Universal film, American Gangster.
Closing out this year’s slate, Universal has two highly-anticipated films: This Is 40, the latest comedy from writer/director/producer Judd Apatow which opens tomorrow, and Les Misérables, the motion-picture adaptation of the global stage sensation seen by more than 60 million people in 42 countries and in 21 languages around the world opening Christmas Day.



How much did they spend?
Exactly. The only thing that matters is Net Profit. Could someone at Universal who knows the real budgets post anonymously and tell us exactly what they ended up with. They spend a lot of money and they make a lot of money but it would be nice to know which studio was the most profitable this year instead of this publicity puffery that means nothing. Comcast knows the real numbers but we don’t.
Great spin on this one. It doesn’t matter how much they grossed as much as it matters how much they lost and left on the table. At the end of the day, this is still a massively mismanaged studio where mediocre is the new gold standard. Comcast can’t be happy.
Set a record for gross theatrical revenue, but how much was spent on P&A and production costs? Does not matter much if the the studio as a whole sets revenue records if it does not also put profit records (for the film slate).
Although the other commentators to this story are correct, it is still an accomplishment all the same. With no pricey tent poles to support the schedule, and with a lot of help from foreign moviegoers, they did very well at the global box office. Needless to say, they spent a lot to achieve this but the films delivered a hefty chunk of gross change. It remains to be seen when Comcast numbers are revealed how much they actually netted out of this impressive tally.
Wow, the haters come out. Revenue vs cost does matter, but remember that Universal was in a position two years ago where they were unprofitable AND #6 in market share. Putting together box office performance like the 2012 slate shows the company is on the right path
The following films might have made some profit:
1) Lorax
2) Contraband
3) Ted
4) American reunion
5) Pitch Perfect
..and the biggest losers will be
1) Battleship
2) Big Miracle
3) Snow white
If Universal didn’t make money on Ted, no film ever is going to make money.
You left out The Five Year Engagement on that “biggest losers” list. Even the Comcast brass included it along with Battleship as among the chief reasons why NBC/Universal’s performance during that quarter was so abysmal.
How could Battleship have failed when it made $307,800,000? How does something that makes that much money, fail?
when it cost 307,000,000 to make and promote
It would have still made money in that case then, wouldn’t it?
Battleship was budgeted at/on/near $209M Bill. ~djg
In our 100 year history our two most profitable years had to be 1975 with Jaws and 1982 with E.T. and we have Spielberg to thank for those two years and 1993 with Jurassic Park again thanks to Steven. 1997 had The Lost World and next year will see the 3-D release of Jurassic Park.
If you look at more recent years we’ve done very well with Fast and Furious sequels. We did well with The Mummy and its sequel. Box Office Mojo has the best analysis of profitability and I think you can also look for studio performance and ranking there as well.
In 2012 Universal had alot of non-sequel (Except Bourne and Reunion), non-remake, non-superhero, non-3D, films and more diversity than most of the rest of the studios. People are tired of all the crap, they want something new and Universal made the effort. Safe House, Contraband, Lorax started 2012 very strong, Ted was a big surprise, Snow White did enough to greenlight a sequel, Pitch Perfect did decent coin and Les Miserables seems to be poised to go through the roof (worldwide).
In addition, a movie can gross a lot but if you’re partners on it (or only distributing)….net profits is the really all that matters. Wasn’t “Ted” only a distribution deal or did Uni finance part of it?
All this during a recession and naysayers are having a ball.
Go Universal ! Super movies !
Andy
Universal paid 59.0 million to MRC who financed the 50.0 million dollar picture for world wide distribution for a certain amount of time (think 20 years). Every penny made off this film made in that time period goes to Universal. It is THERE hit.
Something for Universal to remember for the next 100 years. Congrats to Universal Pictures!
Andy buddy… learn how to spell.
You meant “their” not “there”.
Padma, nice try but there is no way in hell Snow White was one of their biggest “losers.” The studio was incredibly happy with the performance of that film and is moving forward with the sequel.