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Companies with movie studios have begun releasing their earnings reports for the latest quarter. Here's a look at reports for selected movie industry companies and the films that buoyed them:
On Oct. 26, 2012, Comcast Corp., which owns Universal Pictures, said revenue from its filmed entertainment business grew 24 per cent to $1.4-billion (U.S.), driven by the strong box-office performance of ‘Ted’ and (above) ‘The Bourne Legacy.’
On Nov. 1, DreamWorks Animation SKG Inc. reported that net income grew 24 per cent thanks to the box-office success of ‘Madagascar 3: Europe’s Most Wanted.’
(© 2012 DreamWorks Animation LLC)
Also Nov. 1, Sony Corp. reported its Sony Pictures Entertainment unit got a boost from the strong performance of ‘The Amazing Spider-Man,’ offset by the less successful ‘Total Recall.’
(© 2011 Columbia Pictures Industries, Inc.)
On Nov. 6, 20th Century Fox owner News Corp. said its filmed entertainment business saw operating income grow 15 per cent, thanks to the box-office performance of ‘Ice Age: Continental Drift.’ The recent quarter also benefited from increased digital revenue related to the timing of content available on Netflix.
(20th Century Fox/AP)
On Nov. 7, Time Warner Inc. reported the Warner Bros. studio had a strong quarter with the release in theatres of the latest Batman movie, ‘The Dark Knight Rises.’ The recent quarter also saw an increase in video-on-demand revenue.
(Ron Phillips/© DC Comics)
‘The Avengers’ is likely to have boosted profits at The Walt Disney Co., which reports earnings Nov. 8.
(Zade Rosenthal/© 2011 Marvel)