Filed under: Movie News, Awards, Box Office
Since Labor Day weekend, the conversation surrounding Hollywood economics has been almost exclusively about disappointment. From 'Warrior' all the way through 'The Girl With the Dragon Tattoo,' new releases have financially underwhelmed to the point that all the year-to-year box-office gains made during the second and third quarters of 2011 -- after a terrible first quarter -- were washed away. 2011 will likely finish around 4 or 5 percent behind 2010 in box-office revenue -- a stat that maybe didn't seem possible when 'Harry Potter,' 'Bridesmaids' and 'Transformers' were making money hand over fist. All of which is to say, 2011 wasn't the best year for the movie business, relatively speaking -- it will still be the third-highest grossing year in history -- which is what makes the success of 'The King's Speech' still stunning 13 months after its initial release.
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Source: http://blog.moviefone.com/2011/12/28/can-you-believe-the-kings-speech-made-414-million-worldwide/
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