Universal First to $4 Billion at Global Box Office in 2017

Studio reaches milestone thanks to sequels like “The Fate of the Furious” and “Despicable Me 3” as well as originals like “Get Out”

Despicable Me 3

Following the successful launch of “Girls Trip” over the weekend ($30.4 million), Universal Pictures has become the first studio to hit the $4 billion mark at the global box office in 2017. It’s the second time in the studio’s history that it has hit this milestone within a year period. Nearly $2.8 billion of its 2017 global cume came from overseas markets.

Universal has made it to this point thanks to a mix of original titles, sequels and homegrown franchises. The lion’s share of the revenue came from “The Fate of the Furious,” which has grossed $1.23 billion worldwide. Another big moneymaking sequel for the company is “Despicable Me 3,” which currently stands at $732.5 million worldwide. It’s one of two films from Illumination that has brought in huge revenue for the studio. The other, “Sing,” was released in late December 2016 but earned $117 million domestically in 2017.

While “DM3” and “Fate of the Furious” have been major revenue drivers overseas, Universal owes much of its domestic success this year to its first-look deal with Blumhouse, which has yielded two low-budget hits in “Get Out” and “Split.” Released early this year, the two horror films combined for $313.5 million domestically against a combined budget of $13.5 million. “Fifty Shades Darker” has also been a solid domestic return, making $114.3 million. Combined with the two franchise titles, Universal has just under $1.15 billion in domestic gross in 2017, second among all studios.

In 2017, Universal has been No. 1 at the domestic box office for eight weekends, the international box office for eight weekends, and the worldwide box office for six. This past weekend, “Girls Trip” was No. 2 with a $30.4 million opening, the highest for a live-action comedy this year.