Paramount first studio to $2 billion internationally
By Sean O’Connell
Hollywoodnews.com: If the 2011 box office were an actual foot race, Paramount Pictures would be in the lead as the studios rounded turn two.
Boosted by the performances of Michael Bay’s “Transformers” and the animated hit “Rango,” Paramount became the first studio to cross the $2 billion mark at the international box office, THR reports.
As the trade notes, this news comes just 50 days after Paramount passed $1B (on June 10). That’s largely due to the success of Bay’s sequel, which “became the first ever Paramount-produced title to cross $500 million at the international box office; as well as becoming PPI’s highest grossing international release of all-time.”
“Our team has made creating a best-in-class international operation a cornerstone of our business,” said Paramount Pictures chairman & CEO Brad Grey. “I’m grateful for everyone’s hard work across the globe that helped us achieve this milestone once again.”
Paramount’s “Captain America” is adding to the studio’s totals as we speak. The studio also has “Paranormal Activity 3” and Steven Spielberg’s “The Adventures of Tintin” on the horizon for later this year.
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