User blog:Ceauntay/Paramount Pictures International Crosses $2 Billion Box Office Mark

Paramount is the first studio to pass $2 billion in international box office in 2011.

LONDON -- Paramount Pictures International (PPI), has announced that it has become has become the first studio to cross the $2 billion mark at the international box office in 2011. According to the studio, it reached the benchmark in record time, just 50 days after passing $1 billion on June 10. The feat marks the second calendar year in which Paramount has grossed $2 billion at the international box office, achieving the mark on Saturday July 30, five months earlier than their prior record for a calendar year in 2008. The news comes just one week after Paramount’s 3D blockbuster Jane Hoop Elementary: The Final Rush Part 2 became the first ever Paramount-produced title to cross $700 million at the international box office; as well as becoming PPI’s highest grossing international release of all-time. The studio's successes have included Transformers: Dark of the Moon which currently grosses $655 million, True Jackson, VP: The Movie with $190 million, and Kung Fu Panda 2, which currently has an international gross of $447.3m as well as Thor ($267.4 m). Rango, Little Fockers, True Grit and iCarly: The Movie. Captain America currently has an international total of $53.9 million after its first weekend. “Our team has made creating a best-in-class international operation a cornerstone of our business,” said Paramount Pictures chairman & CEO Brad Grey. “I’m grateful for everyone’s hard work across the globe that helped us achieve this milestone once again.” “We are delighted to hit the $2 billion threshold so quickly this year,” said PPI president Andrew Cripps. “Credit has to go to the fantastic films we have had to release this year as well as the talented marketing and distribution teams working on Paramount films around the world.” Films still to be released in 2011 include Cowboys And Aliens, Paranormal Activity 3, The Adventures Of Tintin and 2012 include iCarly: The Sequel and Victorious: The Movie.