Los Angeles – The Star Wars franchise has just broken a new record. Over the last week, it has managed to earn over $1 billion dollars.
If you haven’t seen the newest installment of the brand then you should carve out two hours in your schedule and see this action packed movie.
The Walt Disney Co. said “The Force Awakens” crossed the billion-dollar mark Sunday, accomplishing the feat in just 12 days. The previous movie to reach $1 billion the fastest was Universal’s “Jurassic World,” which did it in 13 days in June. “Jurassic World” also had the benefit of record grosses in China. “The Force Awakens” doesn’t open in the world’s second-largest movie market until Jan. 9.
J.J. Abrams’ installment of “Star Wars” also posted the biggest Christmas Day box office in history with $49.3 million and the best second-weekend earnings with $153.5 million
“The Force Awakens” has been setting records since its debut Dec. 17. It brought in a galactic $238 million in North America over its opening weekend, besting previous record-setter “Jurassic World,” and set international opening-weekend records in Australia, New Zealand and throughout Europe. It scored the biggest worldwide debut with $529 million. It also topped $100 million in IMAX screenings in 10 days, another global record.
“You almost have to rewrite all the record books for this movie,” box office analyst Paul Dergarabedian of Rentrak said. “It’s absolutely mind-blowing that `Star Wars’ could get to a billion dollars in 12 days and it hasn’t even opened in China, the second biggest movie market in the world.”
The power of “Star Wars” meant the rest of the week’s releases were competing for second place. That prize went to the Paramount comedy “Daddy’s Home,” which opened with $38.8 million, according to studio estimates Sunday. David O. Russell’s new drama starring Jennifer Lawrence, “Joy,” debuted in third place with $17.5 million.
A flurry of new films also opened in the top 10 this weekend. “Concussion,” the Will Smith-NFL drama, took in $11 million, good for sixth place, followed by the financial-crisis saga “The Big Short,” which collected $10.5 million. The remake of “Point Break” opened with $10.2 million. And Quentin Tarantino’s latest film, “The Hateful Eight,” debuted in 10th place with $4.5 million.
A juggernaut like “Star Wars” empowers the entire industry, Dergarabedian said.
“It’s great for the audiences, great for studios and theater owners in particular who can point to this and say the movie theater industry is as viable and relevant as it’s ever been,” he said.
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Rentrak. Final domestic figures will be released Monday.
1. “Star Wars: The Force Awakens,” $153.5 million.
2. “Daddy’s Home,” $38.8 million.
3. “Joy,” $17.5 million.
4. “Sisters,” $13.9 million.
5. “Alvin and the Chipmunks: The Road Chip,” $12.7 million.
6. “Concussion,” $11 million.
7. “The Big Short,” $10.5 million.
8. “Point Break,” $10.2 million.
9. “The Hunger Games: Mockingjay-Part 2,” $5.3 million.
10. “The Hateful Eight,” $4.5 million.
Lucasfilm creator of ‘Star Wars’ one of the world’s most popular installment of movies released yet another mega-hit called ‘The Force Awakens’ in December 2015, which shattered box office expectations. The movie has come close to hitting the all-time $250 million mark at the box office slightly pushing pass Jurassic World, which took in $208 million in its first weekend in 2015.
Hollywood views this as a shot in the arm appealing to young and old movie goers and chance to reconnect with a fatigued audience that just hasn’t seen much quality out of Hollywood lately. As a result the movies success, Lucasfilm pulled out yet another set of tricks by inserting a whole new generation of heroes and villains. In fact, Lucasfilm has already announced that filming for Episode VIII will begin in January 2016, with a movie release date of May 2017.
At the London premiere, Lucasfilm president Kathleen Kennedy confirmed that most of ‘The Force Awakens’ cast members will be back for Episode VIII.
For more information on Star Wars The Force Awakens and Star Wars Episode VIII visit Cable TV Quote.com regularly for updates.