Once Overlooked and Ignored, Sony and Paramount Prove to Be Unlikely Box Office Powerhouses [Variety]

Once Overlooked and Ignored, Sony and Paramount Prove to Be Unlikely Box Office Powerhouses [Variety]

(ABOVE) Paramount’s ‘Sonic the Hedgehog 2’

 

By Brent Lang and Rebecca Rubin

April 20, 2022 | Movie theaters have benefited from a pair of unlikely heroes.

Once written off as also-rans in the battle for ticket buyers, Sony and Paramount have been flexing their muscles at the box office lately with a wide range of offerings. The two studios are responsible for seven of the 10 highest-grossing films of 2022 and currently represent more than 46% of all domestic revenues, according to Comscore. This is a marked turnaround from a year ago: At this point in 2021, Paramount and Sony represented roughly 5% of domestic revenues.

Read more on Variety.

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