Comcast’s Universal Studios Sets Yearly Revenue Record
It’s been a huge year for Universal Pictures, and now the Comcast subsidiary has announced that it has broken a record for the highest-grossing year ever by a movie studio. Universal grossed $5.53 billion so far in 2015, besting 20th Century Fox which ended 2014 with $5.52 billion.
Interestingly, Universal has grossed more money internationally ($3.59 billion) than domestically ($1.94 billion.) The studio still has 10 more films set to be released, including Straight Outta Compton (the NWA biopic) and Steve Jobs (the Steve Jobs biopic.)
Here are some of Universal’s biggest hits so far this year:
- Jurassic World — $1.562 billion (third highest-grossing film of all time)
- Furious 7 — $1.515 billion (fifth highest-grossing film)
- Minions — $875 million
- Fifty Shades of Grey — $570 million
- Pitch Perfect 2 — $283 million
In its 2Q earnings, Comcast reported that NBCUniversal saw revenues increase by 20 percent to reach $7.2 billion. The company’s filmed entertainment division was up 92.7 percent compared to 2Q of 2014. Its theme park revenue was up 25.7 percent. It was enough for CEO Brian Roberts to call it “an exceptional quarter.”
