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Lara Croft, Last Dance Propel Paramount Profits

8 Jan, 2002 By: Hive News


Paramount Pictures had its second-highest grossing year ever in 2001, executives say.

With hits the likes of Lara Croft: Tomb Raider, which grossed more than $130 million, and Save The Last Dance, which brought in more than $90 million, the company's 2001 domestic box office total was over $891 million.

Eight of Paramount's 14 new releases for the year grossed between $50 and $95 million. The studio's only better year was 1998, when the success of Titanic propelled Paramount's box office total to a record-breaking $1.05 billion.

"We started out 2001 with a bang last January with Save The Last Dance and didn't stop until December with Vanilla Sky and Jimmy Neutron: Boy Genius, says Wayne Lewellen, president, Distribution, Motion Picture Group. "It's definitely been a banner year for Paramount."

Rob Friedman, vice chairman, Motion Picture Group, attributes the studio's success not only to the talent behind the films, but to making movies with broad audience appeal that are accessible for all ages of viewers.

"Our aim, as always, is to produce something for everyone," notes Friedman. "That's why we bring out movies that appeal to those who love broad comedy, compelling drama and family

entertainment."

In addition to Paramount's biggest 2001 hits, Lara Croft: Tomb Raider" and Save the Last Dance, other films that contributed to the bonanza are Along Came A Spider ($74,078,174), The Score ($71,107,711) Down To Earth ($64,186,502), Rat Race ($56,618,055) and Enemy at the Gates ($51,401,758), as well as those films with totals as of January 1, 2002, which include Vanilla Sky ($71,395,769), Jimmy Neutron: Boy Genius ($49,464,274), Zoolander ($45,128,129), Domestic Disturbance ($44,746,318) and Hardball ($40,087,867).


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