Tuesday, 1 July 2008

Paramount Earns $1 Billion

Paramount received both good and bad news on Monday from its box-office researchers. The bad news was that its latest release, The Love Guru, flopped over the weekend with just $13.92 million. The good news was that the movie nevertheless helped push total revenue for all of the studio's films past the $1-billion mark in domestic ticket sales in record time. Last week the studio said that it had passed that mark overseas.


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