Hollywood 2007: Year in Numbers

January 2, 2008–Paramount ended the year No. 1 in market share, due to the fact that it owns DreamWorks and distributes its movies. Estimates show that Paramount’s take is about $1.48 billion. Its top five grossing movies were all supplied by DreamWorks or DreamWorks Animation, although “Transformers” was a co-production.

In 2007, six majors crossed the $1 billion mark at the domestic box office in the same year, besting the previous mark of four studios. They are: Paramount, Warner, Disney, Sony, Universal, and Fox

The sixth studio that crossed the threshold was Fx, due to sucsess of “Alvin and the Chipmunks” and “Aliens vs. Predators” during the holiday season.

The 2007 rankings are:

Paramount ($1.48 billion) Warner ($1.41 billion) Disney ($1.36 billion) Sony ($1.24 billion) Universal ($1.08 billion) Fox ($1.01 billion)

Studios that make the most titles have an advantage in terms of gaining share, but that doesn’t take into consideration the key issue of profitability.

Official figures won’t be released until Thursday, but the 2007 domestic box office is up about 5% to 6% from 2006, with total receipts totaling about $9.57 billion.

Top-Grossing Film

2007 marks the first time that four films made more than $300 million in one year. The four top-grossing films:

Sony’s “Spider-Man 3” ($336.5 million);

DreamWorks Animation’s “Shrek the Third” ($321 million);

DreamWorks-Paramount’s “Transformers” ($319 million);

Disney’s “Pirates of the Caribbean: At World’s End” ($309.4 million).

Overall, 2007 gave the buisness its best summer on record, only to be followed by a difficult fall. But then, there was a record-breaking holiday sesh.

Paramount’s Top Films

“Shrek,” “Transformers,” “Bee Movie” ($124.2 million), “Blades of Glory” ($118.2 million) and “Norbit” ($95.4 million).

The biggest Paramount non-DreamWorks title for the year was the 3-D epic “Beowulf,” which has grossed $81 million, followed by DreamWorks title, “Disturbia.”

Paramount hasn’t been No. 1 in market share since 1998, when “Titanic” propelled the studio. DreamWorks never achieved the goal as a studio.

Warner

Warner’s biggest title of the year was “Harry Potter and the Order of the Phoenix,” which grossed $292 million domestically. It was the only studio to have three films grossing more than $200 million: “Harry Potter,” “300” ($210.6 million) and “I Am Legend” ($205 million thus far).

Disney came in third in market share on the strength of “Pirates of the Caribbean: At World’s End” and Disney-Pixar’s “Ratatouille” ($206.4 million). Also, nobody expected “Wild Hogs” to do the business it did ($168.3 million).

Universal touted 2007 as the year of its turnaround, saying it made the most it ever has at the domestic box office, fueled by such hits as “The Bourne Ultimatum” ($227.5 million) and “Knocked Up” ($148.8 million).

Fox, considered the most fiscally frugal of all the studios, had successes including “The Simpsons Movie” ($183.1 million) and “Alvin,” which will likely make more than $200 million domestically.

The majors did release their share of poor performers. DreamWorks’ Ben Stiller laffer “The Heartbreak Kid” stumbled with a gross of only $36.8 million. Warner’s “The Invasion” and “The Brave One” disappointed.

Sony didn’t see the grosses it expected for toon “Surf’s Up.”

Universal had flops with the sequel “Elizabeth: The Golden Age,” which only grossed $16.3 million domestically. Fox-Walden’s “The Seeker: The Dark is Rising” only grossed $8.8 million.