Paramount Topples Warner Bros For #1 In 2011 Market Share With Record $5.17B Worldwide

Major Hollywood Studios Market Share: 2011

TOLDJA! As I reported first back on December 18th, with the holiday round of movie openings, it became clear who was on top and who was not as far as North American market share for the year 2011. Now the global figures are in as well. Officially the period ends today, and the major Hollywood studios already know who has bragging rights. Paramount Pictures ended 2011 in the No. 1 position among all studios, earning a record $5.17 billion worldwide. The studio released a total of 16 new movies domestically last year and 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. That puts the studio about $100 million ahead of Warner Bros which usually takes the coveted title. And WB released about half a dozen more movies than Paramount did in 2011. Granted, Paramount mostly distributed rather than owned most of the film fare that put it in first place. But No. 1 is still No. 1. Warner Bros loses the domestic market share title for the first time in three straight years. On the other hand Warner Bros has ranked either one or two domestically for eight of the last 11 years. Here’s the Paramount announcement:

HOLLYWOOD, CA (January 2, 2012) – 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. (more…)

This article was printed from https://deadline.com/2012/01/paramount-topples-warner-bros-for-1-in-2011-market-share-with-record-5-17b-worldwide-208991/