Lionsgate (LGF) Hits Bittersweet Milestone: Theatrical Revs Hit $1B Mark in FY12

November 19, 2012 8:03 AM EST
Propelled by its blockbuster TWILIGHT SAGA and HUNGER GAMES young adult franchises, Lionsgate (NYSE: LGF), a leading global entertainment company, has become the first studio outside the traditional majors to eclipse the $1 billion mark at the domestic box office in a single calendar year, the Company reported today.

The Company also expects to roar across the $1 billion mark at the international box office and the $2 billion mark at the worldwide box office (domestic and international combined) in the next few weeks as THE TWILIGHT SAGA: BREAKING DAWN – PART 2 continues to build on its franchise record-shattering opening weekend of $340.9 million at the worldwide box office, outpacing the best previous TWILIGHT installment by approximately 40 percent to date.

A commercially powerful Lionsgate slate including the blockbuster first film in THE HUNGER GAMES franchise, which grossed $408 million at the domestic box office and is the 13th highest-grossing domestic release of all time, and TWILIGHT SAGA BREAKING DAWN – PART 2 have combined to push Lionsgate's domestic box office total to $1.08 billion with nearly two months remaining in the calendar year and TWILIGHT SAGA: BREAKING DAWN – PART 2 just beginning its theatrical run.

The Company will also open the critically-acclaimed drama THE IMPOSSIBLE on December 21st. THE IMPOSSIBLE has already launched in Spain with a mammoth box office haul of nearly $50 million, ranking second all time at the Spanish box office behind AVATAR.

THE TWILIGHT SAGA: BREAKING DAWN – PART 2 achieved the best opening weekend worldwide box office performance in TWILIGHT franchise history with franchise bests in numerous major territories around the world, including –

Latin America, where the film has delivered $43 million in its first five days and is 57% ahead of the opening of BREAKING DAWN – PART 1. Lionsgate distributes in Latin America through its recently expanded joint venture partnership with IDC.

France, with $16.4 million in its opening weekend, achieving the best opening weekend of the year

Spain, where BREAKING DAWN PART 2 is the top-grossing three-day opening weekend of all time

The UK, with $23.4 million in its opening weekend, up 10% from BREAKING DAWN—PART 1 and

Russia and the other CIS nations, which set a new franchise record with an opening weekend of $20.3 million.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Guidance