‘Despicable Me’ Becoming 2nd Biggest Toon Home Entertainment Release

EXCLUSIVE: This is the reason that Universal Studios president/COO Ron Meyer and his team trekked to Arkansas last week for a personal visit to the Wal-Mart headquarters. I’ve just learned that Universal’s first family film/toon unit from Chris Meledandri’s … Read More »

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‘Despicable Me’ Crosses $500 Million Mark

Mike Fleming

EXCLUSIVE: Despicable Me, the first film out of the gate for Universal Pictures and Chris Meledandri’s Illumination Entertainment, will cross the $500 million worldwide gross mark tomorrow. It steps into rarefied territory as the film continues to roll out around the world. The 3D animated film that starred Steve Carell recently cracked the Top 10 list of all time biggest domestic-grossing animated films. The pic, which cost $69 million to make, has grossed $248 million domestically, which puts it a distant second behind Toy Story 3, but makes it 2010′s second biggest animated film domestic grosser so far. Despicable Me also has become  Universal’s sixth highest domestic-grossing film ever, and the studio’s biggest international grossing film of 2010. The film just opened in Japan but hasn’t played yet in several territories including China. It has done $247 million overseas, and is expected to finish as Universal’s fifth all-time biggest grossing film in the international marketplace. Just as important, the picture pulled Universal out of a prolonged slump. Read More »

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