Hollywood's 2001 Box Office: A Mixed Success Story

The film industry is poised to celebrate a significant milestone as 2001 draws to a close, with box office revenues projected to reach $8.14 billion through January 1, representing a 9% increase over the previous year. However, this success comes with qualifications that temper the achievement.

While revenues are climbing, much of this growth—approximately 5%—can be attributed to higher ticket prices rather than increased attendance. The average movie ticket now costs $5.67, according to ACNielsen EDI tracking data.

Admissions are expected to reach just under 1.44 billion tickets through New Year's Day, a 6% improvement from 2000 but still likely falling short of 1998's record. As EDI president Tom Borys noted, "It's a photo finish" between 2001 and the standing record.

Warner Bros. emerges as the year's market share leader for the first time since 1993, with projected earnings of $1.24 billion. Despite this impressive performance, the studio will narrowly miss breaking Sony's all-time record of $1.26 billion set in 1997. Warner executives point to the postponement of "Collateral Damage" following September 11 as a significant factor in missing the record.

The year featured an unprecedented five films crossing the $200 million threshold: "Harry Potter and the Sorcerer's Stone" ($286.1M), "Shrek" ($267.7M), "Monsters, Inc." ($236.3M), "Rush Hour 2" ($226.1M), and "The Mummy Returns" ($202M). "The Lord of the Rings: The Fellowship of the Ring" is expected to join this elite group soon.

Universal secured second place in market share for the second consecutive year with approximately $960 million, while Disney and Paramount battled closely for third position with $880 million and $879 million respectively through Sunday.

Notably, animated features enjoyed their strongest year ever, generating $788 million in combined grosses—7% higher than 2000's previous record of $747 million. This animation boom, however, wasn't enough to propel either DreamWorks or Disney into the top three market share positions despite their films ranking second and third among the year's highest grossers.

What are the Harry Potter Movies about and Where to Watch

What are the Harry Potter Movies about and Where to Watch. The movie series follows Harry's journey from neglected child to a skilled young wizard as he studies at Hogwarts, forges deep friendships, and confronts a ruthless enemy in a magical coming-of-age adventure. For where to watch harry potter, look to major streaming platforms, digital rentals or purchases, and occasional TV broadcasts—availability varies by region so check local listings.

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