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Business News/ Industry / Media/  ‘Hobbit’ to be in billion dollar club by March
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‘Hobbit’ to be in billion dollar club by March

‘Hobbit: An Unexpected Journey’ is on its way to become the 15th film to join the club

A still from ‘Hobbit: An Unexpected Journey’ (An Unexpected Journey’)Premium
A still from ‘Hobbit: An Unexpected Journey’
(An Unexpected Journey’)

Los Angeles: Peter Jackson’s Hobbit: An Unexpected Journey is on its way to become the 15th film to join the billion dollar club by March this year. The New Line-Warner Bros production hit $921 million on Monday, with $288.7 million domestic and $632.2 international after a sixth weekend total of $21 million.

With several more weeks to go and a final release in China on 22 February the film is expected to cross the billion-dollar threshold by March.

James Cameron’s Titanic was the first film to cross the billion-dollar mark in 1998, grossing $1.8 billion. In 2003, Jackson’s The Lord of the Rings: The Return of the King became the second member of the club, followed by Pirates of the Caribbean: Dead Man’s Chest in 2006, The Dark Knight in 2008 and Avatar in 2009 with a stunning collection of $2.78 billion, the Variety reported.

The membership of this club has added eight more films over the last three years thanks to a better performance in international markets. The Dark Knight is the only film that grossed more domestically than internationally.

Toy Story 3 and Alice in Wonderland hit the mark in 2010, followed by the eighth and final Harry Potter film, the third Transformers and the fourth Pirates of the Caribbean in 2011. Star Wars Episode I—The Phantom Menace originally released in 1999, topped $1 billion early last year thanks to its 3D re-release.

Jackson will be returning to the middle-earth again with The Hobbit: The Desolation of Smaug on 13 December and The Hobbit: There and Back Again on 18 July 2014.

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Published: 22 Jan 2013, 05:52 PM IST
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