Warner Bros. Crosses $5 Billion at Global Box Office

WB is the second studio this year to hit that mark thanks to films like “Wonder Woman” and “It”

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Warner Bros.

Warner Bros. crossed the $5 billion mark at the box office this Tuesday, making 2017 only the second year in its history the studio has hit this milestone.

WB is the second studio this year to reach $5 billion worldwide, with Disney hitting the mark last week. The big run for WB comes after a huge summer for the Burbank studio starting with “Wonder Woman,” which became the top film of the summer with $821.7 million worldwide, followed by Oscar contender “Dunkirk” ($525 million) and the biggest September release in box office history, “It” ($694.1 million).

Though its latest film, “Justice League,” has performed below expectations with $574 million so far, it has still given WB its fifth $500 million film, along with “Kong: Skull Island” and the three aforementioned films. Also contributing to WB’s success this year are “Annabelle: Creation,” which grossed $305.7 million worldwide and pushed the “Conjuring” series past the $1 billion mark domestically, and “The Lego Batman Movie,” which grossed $312 million.

Warner Bros. is also on pace to gross over $2 billion domestically for the second time in studio history and could potential reach the $2.1 billion record set in 2009. The studio’s domestic total currently sits at $1.96 billion, the highest among all studios with a 20 percent market share.

“We are thrilled to reach this extraordinary benchmark as we come to the end of an amazing, record-setting year,” said Worldwide Marketing and Distribution President Sue Kroll. “Surpassing five billion dollars in a single year can only happen with an incredible level of hard work across all theatrical divisions, as well as the invaluable contributions of the many talented filmmakers and actors with whom we are so fortunate to collaborate.”