And in F. Gary Gray’s “The Fate of the Furious,” we now we have the first billion-dollar movie from a black director…and it was driven overwhelmingly by the overseas gross. The film won eleven Academy Awards, including best picture (the first time a fantasy film took that prize), and managed to make over $1.1 billion in the box offices around the world. Traditionally, war films, musicals, and historical dramas have been the most popular genres, but franchise films have been among the best performers of the 21st century. It passed the 50M threshold just from the Thursday night previews ($60 million). The first movie to reach this milestone was Star Wars: Episode IV – A New Hope on Feb 7, 1997,[80][# 8] during its 20-year anniversary re-release. The Amazing Spider-Man (July 3, 2012): Spider-Man 3 made $890.9 million worldwide, and the addition of 3D for the next entry in the franchise would under most circumstances guarantee $1 billion. ISBN 9780061778896. [26] As of September 2020[update], 47 films have grossed over $1 billion worldwide. Disney also enjoyed later success with films such as Frozen I and II, Zootopia, and The Lion King (with its computer-animated remake as the highest-grossing animated film), as well as its Pixar brand, of which Incredibles 2, Toy Story 3 and 4, and Finding Dory have been the best performers. Titanic earned $1.2 billion from video and DVD sales and rentals,[1] in addition to the $2.2 billion it grossed in theaters. [62] As of January 2020[update], 45 did so during their opening day (including previews). Trade journals would collate the data by either obtaining it from the distributors themselves, who were keen to promote a successful film, or by surveying theaters and constructing an estimate. [67] Gone with the Wind itself may have been briefly overtaken by The Ten Commandments (1956), which closed at the end of 1960 with worldwide rentals of $58–60 million[70][71] compared to Gone with the Wind's $59 million;[72] if it did claim the top spot its tenure there was short-lived, since Gone with the Wind was re-released the following year and increased its earnings to $67 million. The first movie to reach $150 million at the US and Canadian box office was Gone with the Wind, during 1967 re-release. Some sources claim that The Big Parade superseded The Birth of a Nation as highest-grossing film, eventually being replaced by Snow White and the Seven Dwarfs, which in turn was quickly usurped by Gone with the Wind. The result of this correction is that Spider-Man: Far From Home, Captain Marvel and Transformers: Dark of the Moon all peaked one place lower than shown in the accompanying source. [7] Merchandising can be extremely lucrative too: The Lion King also sold $3 billion of merchandise,[8] while Pixar's Cars—which earned $462 million in theatrical revenues and was only a modest hit by comparison to other Pixar films[9]—generated global merchandise sales of over $8 billion in the five years after its 2006 release. Other sources state that the takings for Forever Amber ($8 million) and Life with Father ($6.5 million)[55] were in fact worldwide rental grosses, so it is possible this is also true of Unconquered. [27] The list below is restricted to the fastest 10. IndyBrodaSolo. As of September 2020[update], twenty films have grossed over $450 million at the US and Canadian box office. The Marvel Cinematic Universe is also the highest-grossing franchise, amassing over $22 billion at the box office. It went on to gross over $2 billion worldwide. When those prices are adjusted for inflation, however, then Gone with the Wind—which was the highest-grossing film outright for twenty-five years—is still the highest-grossing film of all time. [# 8] The list below is restricted to the fastest 10. According to sources, Apple paid an incredible $3 billion for the company which was founded in 2006. It was able to remain in first place in China with $26.36 million over the weekend for a two-week total of $108.91 million. HarperCollins. level 2. If it were the rental gross then that would have made it not only the highest-grossing film of the year, but one of the highest-grossing films of the silent era, and if that is the case it would be unusual for both International Motion Picture Almanac and Variety to omit it from their lists. The Navy announced Thursday that seven companies have been awarded initial contracts under a broader $990 million multiple-award construction contract, or … [# 5] The list below is restricted to the fastest 10. the Extra-Terrestrial on April 15, 1983, after 314 days of release. [19], Another complication is release in multiple formats for which different ticket prices are charged. Samson and Delilah (1949) saw the beginning of a trend of increasingly expensive historical dramas set during Ancient Rome/biblical times throughout the 1950s as cinema competed with television for audiences,[40] with Quo Vadis, The Robe, The Ten Commandments, Ben-Hur and Spartacus all becoming the highest-grossing film of the year during initial release, before the genre started to wane after several high-profile failures. Ongoing weekly drops in the totals for several countries—Argentina being the worst affected—led to a drop in the overall worldwide total. [35] Titanic grossed a further $691,642 during a limited re-release in 2017 for its 20th anniversary, but this figure is not represented in the adjusted total.[36]. On this series of charts, films are ranked first by the number of days they took to reach the milestone, and second by their total gross on the day they exceeded the milestone. DISCUSSION Since IT made $700m worldwide, it doesn't seem too far-fetched for some horror movie (with at least the same level of hype/buzz) to eventually get $1B if said movie gets China release and favorable exchange rates. Essentially belonging to the exploitation genre, it was marketed as an educational sex hygiene film in an effort to circumvent censorship laws. Grosses are not limited to original theatrical runs either, with many older films often being re-released periodically so the figures represent all the business a film has done since its original release; a film's first-run gross is included in brackets after the total if known. [20] To compensate for the devaluation of the currency, some charts make adjustments for inflation, but not even this practice fully addresses the issue, since ticket prices and inflation do not necessarily parallel one another. [# 7] The list below is restricted to the fastest 10. A movie making that minimum seven figures isn’t cool, it’s … Animated family films have performed consistently well, with Disney films enjoying lucrative re-releases prior to the home-video era. While complete sales data are not available for Avatar, it earned $345 million from the sale of sixteen million DVD and Blu-ray units in North America,[2] and ultimately sold a total of thirty million DVD and Blu-ray units worldwide. Beyond Disney and Pixar animation, the Despicable Me, Shrek, and Ice Age series have met with the most success. HPProduction costs were shared with Harry Potter and the Deathly Hallows – Part 1. The initial reaction around the web was mixed at best, with a … The first film to have a budget of US$100 million (the £64.1 million) was True Lies (US 1994), starring Arnold Schwarzenegger and Jamie Lee Curtis. [# 9] The list below is restricted to the fastest 10. Titanic (1997) - IMDb. [31] Which film is Gone with the Wind's nearest rival depends on the set of figures used: Guinness had Avatar in second place with $3 billion, while other estimates saw Titanic in the runner-up spot with first-run worldwide earnings of almost $2.9 billion at 2010 prices.[30]. There is strong interest in the superhero genre, with nine films in the Marvel Cinematic Universe featuring among the nominal top-earners. Besides the Star Wars and Superman franchises, James Bond and Star Trek films are still being released periodically; all four are among the highest-grossing franchises. Traditionally, the work has a tautological relationship with the property, but this is not a prerequisite. The methodology is based on the concept that films associated with things audiences are already familiar with can be more effectively marketed to them, and as such are known as "pre-sold" films within the industry.[101]. May 31, 2005 6:18 AM. We have now entered the billion-dollar club. "After 26 Weeks, 'Titanic' Heads for the Bottom – philly-archives", "Titanic (1997) - International Box Office Results - Box Office Mojo", "Box Office Report: "Avatar" Passes $2 Billion in World-Wide Grosses (Update)", "Box-Office Milestone: 'Avengers: Infinity War' Crosses $2B Globally", "Avatar domestic gross as of February 25, 2010", "Avatar international weekend February 26-28, 2010", "3-Hour Runtime Doesn't Choke 'Avengers: Endgame': Record $158M+ 1st Day; Unheard Of $349M-$356M 3-Day; Overall Weekend Biz Nearing $400M", "This is why you shouldn't buy a Star Wars marathon ticket", "Star Wars: The Force Awakens Theatrical Poster First Look, In-Theater Exclusives and More", "More 'Avengers: Endgame' Records Broken: Russo Brothers-Directed Marvel Pic Is The Fastest To $100M", "Star Wars: The Force Awakens Destroys Opening Day Box Office Record with $120.5M", "What Films Have Held The Highest Grossing Movie Ever Record? [53] Through 1956, MGM reported cumulative North American earnings of $30,015,000 and foreign earnings of $18,964,000, from three releases. The milestones used by trade publications such as Box Office Mojo or The Numbers, are multiples of $50 million. [21] Ticket prices have also risen at different rates of inflation around the world, further complicating the process of adjusting worldwide grosses. [47] However, it is possible this figure has been mistaken for the gross of the 1954 remake which also earned $8,000,000 in North American rentals.[48]. Harry Potter and the Deathly Hallows – Part 2, List of highest-grossing openings for films, "Avengers: Endgame (2019) - International Box Office Results - Box Office Mojo", "Oh, Snap! By Edward Jay Epstein. [# 3] The list below is restricted to the fastest 10. For example, Batman v Superman: Dawn of Justice belongs to not only the Batman and Superman franchises, but also to the DC Extended Universe, which is a shared universe. The Birth of a Nation, Gone with the Wind, The Godfather, Jaws, Star Wars, E.T. The 1970s saw a shift in audience tastes to high concept films, with six such films made by either George Lucas or Steven Spielberg topping the chart during the 1980s. The success of a film is assessed by trade publications (such as Box Office Mojo and Variety) primarily by its theatrical box office earnings. It was re-released in the United Kingdom in December 2017 with Olaf's Frozen Adventure earning an additional $2.3 million. Spielberg became the first director to break his own record when Jurassic Park overtook E.T., and Cameron emulated the feat when Avatar broke the record set by Titanic. The success at the box office is measured in a number of ways, and these look at both the total gross as well as the speed with which that gross is attained. The first movie to reach $500 million in the US and Canada was Titanic on March 20, 1998, after 98 days of release. This is probably the earliest cinematic release to reach $1 billion, but it needed a second cinematic release in 2013, to push it past the $1billion mark. (2010). Since Variety at the time ranked films by their U.S. rental, they constructed a hypothetical rental figure for the Cinerama films to provide a basis for comparison to other films in their chart: in the case of This Is Cinerama, the $50 million worldwide gross was reconfigured as a $12.5 million U.S. rental gross; this is exactly 25% of the amount reported by Cinerama, so Variety's formula seemingly halved the gross to obtain an estimate for the U.S. share, and halved it again to simulate a rental fee. It fell 55%, which is actually quite good for a film in China. S7Snow White's $418 million global cume omits earnings outside of North America from 1987 onwards. [7] As of September 2020[update], 212 films have grossed over $500 million worldwide. The figures in the above chart take into account inflation that occurred in 2014, and in every available year since then, through 2019. A billion dollars.” And in this town, it’s true. RKLord of the Rings: The Return of the King saw its original gross corrected in 2019. Other sources put its earnings at $2 million,[50] which may suggest the higher figure is the worldwide rental, given the confusion over international figures during this period.[51]. [18] This means that Despicable Me 2 peaked at #19 at the end of its run, ahead of The Lion King, rather than at #20 as indicated by the source. DM2Disney issued an erratum to the gross for The Lion King in May 2016, correcting its gross from $987.5 million to $968.5 million. [69] Despite later retracting the claim, the sum has been widely reported even though it has never been substantiated. Television broadcast rights will also substantially add to a film's earnings, with a film often earning as much as 20–25% of its theatrical box office for a couple of television runs on top of pay-per-view revenues;[4] Titanic earned a further $55 million from the NBC and HBO broadcast rights,[1] equating to about 9% of its North American gross. [75], Another film purported to have been the highest-grosser is the 1972 pornographic film Deep Throat. Along with The Lion King, these are also the only franchises to have a series average of over $1 billion per film. (...) Since grosses are not limited to original theatrical runs, a film's first-run gross is included in brackets after the total if known. Once revenue from home entertainment is factored in it is not immediately clear which film is the most successful. [20], The measuring system for gauging a film's success is based on unadjusted grosses, mainly because historically this is the way it has always been done because of the practices of the film industry: the box-office receipts are compiled by theaters and relayed to the distributor, which in turn releases them to the media. When a film is highly exploitable as a commercial property, its ancillary revenues can dwarf its income from direct film sales. ONThe figure for It Happened One Night is not truly representative of its success: it was distributed as a package deal along with more than two dozen other Columbia films, and the total earnings were averaged out; the true gross would have been much higher. The 21st century has seen an increasing dependence on franchises and adaptations, with the box-office dominance of films based on pre-existing intellectual property at record levels.[42]. 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