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'Harry Potter' and 'Transformers 3' Join the $1 Billion Box Office Club

by
August 3, 2011
Source: Deadline

'Harry Potter / Transformers 3

Two movies hitting huge at the box office. Over the weekend, Warner Bros announced that Harry Potter and the Deathly Hallows: Part 2 had crossed the $1 billion mark, making it the 9th film to do so. As of the announcement via indieWire, the total was up to $1.009 billion, though Box Office Mojo now shows it at $1.0122B, just above The Dark Knight (uh oh, Batman). Today, Paramount has announced (via Deadline) that Michael Bay's Transformers: Dark of the Moon had also crossed $1 billion, the 10th movie to join the club, and interestingly the first ever movie in Paramount's 99 year history to earn $1B. Way to go Bay!

Remember - these totals are based on worldwide box office, as that's the only way numbers this big can be reached. Then again, the top chart is quite impressive anyway. Avatar rules with a whopping $2.78B, the next closest being the other James Cameron film, Titanic, at $1.84B. The rest of the list goes: Lord of the Rings: Return of the King ($1.12B), Pirates of the Caribbean: Dead Man's Chest (#2) ($1.07B), Toy Story 3 ($1.06B), Pirates of the Caribbean: On Stranger Tides (#4) ($1.03B), Tim Burton's Alice in Wonderland ($1.02B) then Deathly Hallows: Part 2 and The Dark Knight. Some very heavy hitters and a diversified list. Obviously most great trilogy conclusions (*ahem* watch out The Dark Knight Rises coming in 2012), plus a few big Disney ones. I honestly expected Deathly Hallows: Part 2 to reach a billion, no matter what.

"Transformers: Dark of the Moon is the first billion dollar grossing movie in the history of Paramount Pictures, marking a substantial milestone in the 99 year life of this legendary studio," said Brad Grey, Chairman and Chief Executive Officer of Paramount Pictures. Earlier this summer, Paramount was the first studio to reach $1 billion in domestic grosses, then they crossed the $2 billion mark on July 30th, making it the first for any studio this year. As for the other big movie, Deathly Hallows: Part 2 hit $1 billion on its 19th day in theaters, which tied Avatar's record for fastest to reach that level. Sorcerer's Stone is the next top earner from the Potter franchise with $975M. WB's The Hangover: Part II and Deathly Hallows: Part 2 also hold the #3 and #2 spots on the current top US box office for 2011. Both studios are having a great year.

With continuously rising ticket prices and 3D premiums, especially for both of these new $1 billion movies, it's obvious that they would get to that level quicker. Not to say that it's not an achievement, as it certainly is, but doesn't take as much of a massive viewership like Titanic did to reach that level. Both Harry Potter and Transformers were shown in 3D and mostly marketed as the way to see it, plus IMAX, so both hit this level quickly. The only other 2011 movies to come close were Kung Fu Panda 2 and Fast Five, earning over $600M each but not much more. Congrats to both Warner Bros and Paramount, this is a huge achievement. And it's great to see fans actually out in theaters and seeing movies. For the full chart, hit Box Office Mojo.

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  • David Banner
    "With continuously rising ticket prices and 3D premiums, especially for both of these new $1 billion movies, it's obvious that they would get to that level quicker" Very true, but is there a way to find out how many tickets have been sold to any given movie? Sounds like a daunting task...
    • Anonymous
      some sites will adjust for inflation. It would be easier to track ticket sales instead of money, since ticket sales are a constant variable (one ticket = one screening) and cost is variable, not just due to inflation, but regional differences as well. I pay $8 for a screening here, while some people are paying $10 and some are paying $15 for IMAX etc. Matinee shows are often much cheaper as well. So if you just average it out and try to guess ticket sales, you're probably not going to get an accurate number.
    • Anonymous
      Actually I think the IMAX and 3D shares for Avatar are probably bigger, and ticket prices have barely gone up (shockingly) since Avatar. 50-75 cents at most.
  • Jaf
    So the shortest Harry Potter film ends up making the most in the least amount of time, nice
  • NICK S.
    boo transformers
    • Rchin1
      Fuck you hater
      • Anonymous
        boo this man!!
  • Chris_G
    Well, Titanic was a Paramount and Fox co-production, with Paramount distributing it domestically and Fox doing so internationally...so Transformers 3 is the first film solely distributed by Paramount to hit $1 Billion, but not the first they've had a hand in creating.
  • Attendance numbers are sadly not nearly as high as they used to be.
  • Anonymous
    If they looked at ticket sales this article would be less thrilling.
    • Gm
      If they looked at ticket sales this article wouldn't exist
  • Anonymous
    All this tells us is movie ticket prices are higher. I guess Hollywood got their 'fuck you' money.

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