Thursday, September 13, 2007

Harry Potter Top Grossing Motion Picture Franchise

Warner Brothers has announced this evening that the Harry Potter series is the largest-grossing film franchise to date globally, surpassing Star Wars and and James Bond. Totaling $4.47 billion in ticket sales (with two films left to go, WB points out), several high-ups at Warner Brothers are quoted in the press release:

In making the announcement, Alan Horn [President & Chief Operating Officer] said, “It would be an understatement to say we are proud of the success of the Harry Potter films. We also want to congratulate all of the extraordinary actors, filmmakers and artists who have shared this remarkable cinematic journey with us.”

Dan Fellman, Warner Bros. Pictures President of Domestic Distribution, said, “It is a thrill to see the Harry Potter franchise reach this unparalleled mark, and, with two movies yet to come, it is amazing to think what heights the franchise could reach by the end of the decade.

Veronika Kwan-Rubinek, Warner Bros. Pictures President of International Distribution, added, “This worldwide box office record once again proves that the appeal of the Harry Potter movies knows no border, no age limit, and no language barrier. Each of the five films has captured the hearts and sparked the imagination of audiences everywhere.”

Of note, Variety has published an article comparing the Potter film franchise to the other big ones:

Bond, which dates back to 1962, has generated $4.44 billion worldwide and the "Star Wars" pics have pulled down $4.23 billion since the first release in 1977. None of the tallies account for inflation or rising ticket prices.

And domestically the "Star Wars" franchise still far outpaces the boy wizard. All told, the "Star Wars" pics have grossed $2.18 billion, while the "Harry Potter" franchise has grossed $1.41 billion. But then there are still two more "Potters" to go.

And all three have generated millions upon millions in downstream ancillary coin for their studios, once homevideo and TV revenue are added into the tallies.

Press release from Warner Brothers below

Press Release: WARNER BROS. PICTURES’ HARRY POTTER FILMS COMBINE TOBECOME THE BIGGEST FILM FRANCHISE IN HISTORY

Harry Potter Film Franchise Surpasses James Bond and Star Wars, With Two Films Yet to Come

BURBANK, CA, September 10, 2007 – With the success of “Harry Potter and the Order of the Phoenix,” Warner Bros. Pictures’ Harry Potter films have now become, worldwide, the top-grossing motion picture franchise in history. The announcement was made today by Barry Meyer, Chairman & Chief Executive Officer and Alan Horn, President & Chief Operating Officer, Warner Bros.

The combined worldwide box office gross for the five Harry Potter films to date is in excess of $4.47 billion, surpassing the box office totals of all 22 James Bond films and the six “Star Wars” movies.

This impressive record comes even as “Harry Potter and the Order of the Phoenix” is still going strong in theatres around the globe, and with two more highly anticipated Harry Potter films—“Harry Potter and the Half-Blood Prince” and “Harry Potter and the Deathly Hallows”—still in the offing.

In addition to holding the franchise box office record, all five of the Harry Potter films have the distinction of being among the 20 top-grossing box office hits of all time.

In making the announcement, Alan Horn said, “It would be an understatement to say we are proud of the success of the Harry Potter films. We also want to congratulate all of the extraordinary actors, filmmakers and artists who have shared this remarkable cinematic journey with us.”

Dan Fellman, Warner Bros. Pictures President of Domestic Distribution, said, “It is a thrill to see the Harry Potter franchise reach this unparalleled mark, and, with two movies yet to come, it is amazing to think what heights the franchise could reach by the end of the decade.

Veronika Kwan-Rubinek, Warner Bros. Pictures President of International Distribution, added, “This worldwide box office record once again proves that the appeal of the Harry Potter movies knows no border, no age limit, and no language barrier. Each of the five films has captured the hearts and sparked the imagination of audiences everywhere.”

The next Harry Potter film, “Harry Potter and the Half-Blood Prince,” will open on November 21, 2008. The seventh and final film, “Harry Potter and the Deathly Hallows,” is planned for a 2010 release.

Source: Mugglenet

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