Force Awakens becomes the fastest film to reach $1bn

2015-12-28 07:25

Los Angeles — Star Wars: The Force Awakens has reached $1bn at the box office, achieving the milestone with record-setting hyper speed.

The Walt Disney Co. said The Force Awakens crossed the billion-dollar mark on Sunday, accomplishing the feat in just 12 days. The previous movie to reach $1bn the fastest was Universal's Jurassic World, which did it in 13 days in June. Jurassic World also had the benefit of record grosses in China. The Force Awakens doesn't open in the world's second-largest movie market until 9 January.

J.J. Abrams' installment of Star Wars also posted the biggest Christmas Day box office in history with $49.3m and the best second-weekend earnings with $153.5m.

The Force Awakens has been setting records since its debut on 16 December. It brought in a galactic $238m in North America over its opening weekend, besting previous record-setter Jurassic World, and set international opening-weekend records in Australia, New Zealand and throughout Europe. It scored the biggest worldwide debut with $529m. It also topped $100m in IMAX screenings in 10 days, another global record.

"You almost have to rewrite all the record books for this movie," box office analyst Paul Dergarabedian of Rentrak said. "It's absolutely mind-blowing that Star Wars could get to a billion dollars in 12 days and it hasn't even opened in China, the second biggest movie market in the world."

The power of Star Wars meant the rest of the week's releases were competing for second place. That prize went to the Paramount comedy Daddy's Home, which opened with $38.8m, according to studio estimates on Sunday. David O. Russell's new drama starring Jennifer Lawrence, Joy, debuted in third place with $17.5m.

A flurry of new films also opened in the top 10 this weekend. Concussion, the Will Smith-NFL drama, took in $11 million, good for sixth place, followed by the financial-crisis saga The Big Short, which collected $10.5 million. The remake of Point Break opened with $10.2 million. And Quentin Tarantino's latest film, The Hateful Eight, debuted in 10th place with $4.5 million.

A juggernaut like Star Wars empowers the entire industry, Dergarabedian said.

"It's great for the audiences, great for studios and theater owners in particular who can point to this and say the movie theater industry is as viable and relevant as it's ever been," he said.

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