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Universal Crosses The $5 Billion Worldwide

I guess it’s not how you get there, as long as you make it to the mark. Disney and Warner Bros. have already hit the $5 billion club for the year at box offices worldwide. Thanks to The Wrap we also now have word that Universal has now also hit that mark.

Universal reached this mark by making $1.6 billion domestically and $3.4 billion from international markets, coming in third place among all studios. Fate of the Furious and Despicable Me 3 were the two films that primarily helped the studio hit that mark. Fate of the Furious alone grossed an impressive $1 billion from international markets. China specifically contributed $392.8 million to that total. Despicable Me 3 also did very well making over $1 billion worldwide, with $767 million dollars overseas. This makes the Despicable Me franchise the highest grossing animated franchise of all time with a total of $3.7 billion in lifetime gross.

Another bright spot for Universal was the three films that came out of their deal with Blumhouse. They produced three horror films this year: Split, Happy Death Day and Get Out. Combined the three films have grossed over $630 million worldwide. What makes this important is that all three films combined cost the studios less than $20 million to make. No doubt that this partnership will continue to seek these types of films with a sequel to Insidious, a prequel to The Purge and a remake of Halloween.

It will be interesting to see how they do going forward. For example, what are they going to do with their all but dead Dark Universe? Also how much longer can they keep audiences interested in the Fast and The Furious and Despicable Me series? What do you think of Universal’s films? Let us know below!


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Source: The Wrap

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