Paramount Pictures today announced that the studio topped all the other studios with $5.17 billion at the worldwide box office in 2011. In the below press release, Paramount also confirms that a fourth “Paranormal Activity” installment will be coming this year:
Paramount Pictures announced today it ended 2011 in the No. 1 position among all studios, having achieved the highest total combined gross of any studio for the year, earning a record $5.17 billion worldwide. The studio, which released a total of 16 new releases domestically this year, placed first in the North American market share with $1.96 billion, while also amassing record grosses at the international box office with $3.21 billion.
This achievement reflects the combined efforts of our entire team across the globe and the careful process by which we select the projects and partners we believe in, said Paramount Pictures Chairman & CEO Brad Grey. We produce pictures that aspire to entertain audiences around the world, while at the same time we have sought to find innovative ways to reach movie-goers in this changing entertainment environment.
This year our studio reached some key milestones, including the release of three vibrant Paramount franchise pictures and our first original CGI animated film. Our studio had its first ever $1 billion worldwide grossing film in Michael Bays hit Transformers: Dark of the Moon; we successfully re-launched our Mission Impossible franchise with Tom Cruise, JJ Abrams and Brad Bird; our latest installment in the Paranormal Activity franchise had another $100 million dollar success; our first original animated film Rango, from director Gore Verbinski, earned rave reviews and more than $100 million at the domestic box office; and we released global phenomenon Super 8, directed by JJ Abrams, who will now direct the newest Star Trek for 2013. We also benefited from our distribution partnerships with DreamWorks Animation and Marvel and I want to thank them both.
Film President Adam Goodman and his team in production and development, and Vice Chairman Rob Moore and his team in marketing and distribution, did outstanding work and truly delivered. As we prepare to celebrate Paramounts 100th year in 2012, we are all grateful to be part of this wonderful institution as it continues to prosper, added Grey.
In 2012, Paramounts release slate highlights include World War Z, a zombie thriller starring Brad Pitt and directed by Marc Forster, G.I. Joe: Retaliation, the next installment in the global franchise starring Dwayne The Rock Johnson and Channing Tatum, a new chapter in the Paranormal Activity franchise, and The Dictator, starring Sacha Baron Cohen and directed by Larry Charles, the team behind Borat.
The 2011 box office results seen from the studio were built on a wide reaching range of titles, including the following (with current domestic grosses): True Grit ($85 mil this year, $171.2 million total), Ivan Reitmans No Strings Attached ($70.7 mil), Jon Chus Justin Bieber: Never Say Never ($73 mil), Gore Verbinskis Rango ($123.5 mil), Marvel Studios Thor ($181 mil), DreamWorks Animations Kung Fu Panda 2 ($165.2 mil), JJ Abrams Super 8 ($127 mil), Michael Bays Transformers: Dark of the Moon ($352.4 mil), Marvel Studios Captain America: The First Avenger ($176.7 mil), Craig Brewers Footloose ($51.7 mil), the third installment in the hit Paranormal Activity franchise ($104 mil), DreamWorks Animations Puss In Boots ($145.8 mil), Sundance prize-winner Like Crazy ($3.4 mil), Martin Scorsese and GK Films Hugo ($50.2 mil), Jason Reitmans Young Adult ($12.8 mil), Brad Birds Mission: Impossible Ghost Protocol ($142.8 mil) and Steven Spielbergs Tintin ($51.4 mil).