Despite flops, Hollywood makes billions

2013-09-03 14:04
 
the lone ranger,iron man 3,man of steel
New York - Despite some spectacular flops, Hollywood's summer ended with a record $4.7 billion in box-office revenue.

The summer movie season closed out on Labour Day weekend as the boy band concert film One Direction: This Is Us took in an estimated $18m from Friday to Monday for Sony Pictures, according to studio estimates on Monday.

That wasn't enough to unseat Lee Daniels' The Butler, which stayed on top with $20m.

It was a positive note to end the season for Hollywood. More than ever before, the industry packed the summer months with big-budget blockbusters that ranged from the hugely successful Iron Man 3 to the disastrous The Lone Ranger.

The box office saw a 10.2% increase over last summer, with attendance rising 6.6%.

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