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Sony, Disney Have Record Years
(released
1/2/2007)
By Douglas Lorah
Sony Pictures Entertainment's box office receipts for 2006 passed $1.5 billion, setting a new motion picture industry record for domestic box-office in a single year, it was announced by Jeff Blake, chairman, worldwide marketing and distribution for the Columbia TriStar Motion Picture Group and vice chairman of SPE. In passing the industry record, which Sony set in 2002, the studio released a record-breaking 13 #1 films. The studio also launched 13 films to opening weekends of more than $20M, another industry record, and surpassed more than $3 billion in global ticket sales for the first time. Sony Pictures now holds the top two years in the all-time domestic box office record books. 2006 marks the third time in the past five years that SPE has been #1 studio in domestic market share.
On the same topic, Walt Disney Studios posted a record-breaking performance in 2006 as worldwide box office revenues climbed to over $3.2 billion behind the workhorse Pirates of the Caribbean: Dead Man's Chest and its $1B worldwide take.
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