Spider-Man 2 Spins Sony Past $1 Billion

Reuters reports that, thanks largely to Spider-Man 2, Sony Pictures Releasing is on track to generate more than $1 billion in annual domestic box office gross for the third consecutive year and the fourth time in the company’s history.

The studio’s “Spider-Man 2″ contributed a hefty $371.2 million to the company’s total, while the Adam Sandler starrer “50 First Dates” was the only other release to gross more than $100 million for the distributor, with $120.8 million. The two films generated $492 million between them, nearly half of Sony’s year-to-date total.

The company’s North American boxoffice in 2004 is poised to surpass $1 billion in gross revenue by the end of the upcoming weekend, helped by the debut of the supernatural thriller “The Forgotten,” starring Julianne Moore.

Heading into the weekend, the box-office cume for the studio will be around $993 million, with “Resident Evil: Apocalypse” and “Anacondas: The Hunt for the Blood Orchid” still residing in the top 12 as of last weekend. Both “Resident Evil” and “Anacondas” are from Sony’s specialty label Screen Gems.

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Source: Reuters