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101-460: The theater is best known for being the first theater to screen the most successful film in box-office history when adjusted for inflation, the 1939 film Gone With the Wind . The Riverside Fox Theater was designed by Los Angeles-based architects Clifford Balch and engineer Floyd E. Stanberry, who were responsible for designing many of the "West Coast Theaters," and later, Fox Theaters. The theater

202-433: A base or reference date. P 0 {\displaystyle P_{0}} is the value of the index at the base date. For example, if the base date is (the end of) 1992, P 0 {\displaystyle P_{0}} is the value of the index at (the end of) 1992. The price index is typically normalized to start at 100 at the base date, so P 0 {\displaystyle P_{0}}

303-421: A 2010 average price of $ 7.61 for 2D films. Social and economic factors such as population change and the growth of international markets also have an effect on the number of people purchasing theater tickets, along with audience demographics where some films sell a much higher proportion of discounted children's tickets, or perform better in big cities where tickets cost more. The measuring system for gauging

404-523: A Nation earned significantly less than its estimated gross. In addition to its gross rental earnings through public exhibition, The Birth of a Nation played at a large number of private, club and organizational engagements which figures are unavailable for. It was hugely popular with the Ku Klux Klan who used it to drive recruitment, and at one point Variety estimated its total earnings to stand at around $ 50 million. Despite later retracting

505-451: A commodity bundle tends to change over time. In contrast, by definition, the real value of the commodity bundle in aggregate remains the same over time. The real values of individual goods or commodities may rise or fall against each other, in relative terms, but a representative commodity bundle as a whole retains its real value as a constant from one period to the next. Real values can for example be expressed in constant 1992 dollars , with

606-579: A few hundred thousand dollars. The total is rounded to $ 1 million to compensate for the numerical inaccuracy. It was re-released in the United Kingdom in December 2017 with the featurette Olaf's Frozen Adventure , earning an additional $ 2.3 million. In the case of The Fate of the Furious the gross is from an archived version of Box Office Mojo, after irregularities were discovered in

707-411: A film's success is based on unadjusted grosses, mainly because historically this is the way it has always been done because of the practices of the film industry: the box-office receipts are compiled by theaters and relayed to the distributor, which in turn releases them to the media. Converting to a more representative system that counts ticket sales rather than gross is also fraught with problems because

808-468: A further $ 55 million from the NBC and HBO broadcast rights, equating to about 9% of its North American gross. When a film is highly exploitable as a commercial property, its ancillary revenues can dwarf its income from direct film sales. The Lion King (1994) earned over $ 2 billion in box-office and home video sales, but this pales in comparison to the $ 8 billion earned at box offices around

909-490: A further $ 762,994 during limited re-releases in 2017 and 2020, and these have been incorporated into the gross from the 25th anniversary reissue and adjusted from the 2023 index. The adjusted gross for E.T. includes revenue from the original release and all re-releases. The original release along with the 1985 and 2002 reissues are adjusted from the Guinness base year, whilst the 2020 and 2022 grosses are adjusted from

1010-405: A marketing or even newsworthy point of view. Despite the inherent difficulties in accounting for inflation, several attempts have been made. Estimates depend on the price index used to adjust the grosses, and the exchange rates used to convert between currencies can also affect the calculations, both of which can have an effect on the ultimate rankings of an inflation adjusted list. Gone with

1111-471: A re-release. Some sources claim that The Big Parade superseded The Birth of a Nation as highest-grossing film, eventually being replaced by Snow White and the Seven Dwarfs , which in turn was quickly usurped by Gone with the Wind . Exact figures are not known for The Birth of a Nation , but contemporary records put its worldwide earnings at $ 5.2 million as of 1919. Its international release

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1212-400: A shift in audience tastes to high concept films, with six such films made by either George Lucas or Steven Spielberg topping the chart during the 1980s. The 21st century has seen an increasing dependence on franchises and adaptations , with the box-office dominance of films based on pre-existing intellectual property at record levels. Steven Spielberg is the most represented director on

1313-550: A significant portion of a film's earnings. Once revenue from home entertainment is factored in, it is not immediately clear which film is the most successful. Titanic earned $ 1.2 billion from video and DVD sales and rentals, in addition to the $ 2.2 billion it grossed in theaters. While complete sales data are not available for Avatar , it earned $ 345 million from the sale of sixteen million DVD and Blu-ray units in North America, and ultimately sold

1414-402: A single point of time, a commodity bundle consists of a list of goods, and each good in the list has a market price and a quantity. The market value of the good is the market price times the quantity at that point of time. The nominal value of the commodity bundle at a point of time is the total market value of the commodity bundle, depending on the market price, and the quantity, of each good in

1515-442: A timeline showing the transition of the highest-grossing film record, and a chart of the highest-grossing film franchises and series. All charts are ranked by international theatrical box-office performance where possible, excluding income derived from home video, broadcasting rights, and merchandise. Traditionally, war films , musicals , and historical dramas have been the most popular genres, but franchise films have been among

1616-410: A total of thirty million DVD and Blu-ray units worldwide. After home video income is accounted for, both films have earned over $ 3 billion each. Television broadcast rights also substantially add to a film's earnings and, as of 2010, a film often earned the equivalent of as much as 20–25% of its theatrical box office for two television runs, on top of pay-per-view revenues; Titanic earned

1717-571: Is Gone with the Wind ' s nearest rival depends on the set of figures used: Guinness had Avatar in second place with $ 3 billion, while other estimates saw Titanic in the runner-up spot with first-run worldwide earnings of almost $ 2.9 billion at 2010 prices. Inflation adjustment is carried out using the Consumer price index for advanced economies published by the International Monetary Fund . The index

1818-490: Is a financial asset , g t {\displaystyle g_{t}} is a nominal interest rate and r t {\displaystyle r_{t}} is the corresponding real interest rate ; the first-order approximation r t = g t − i t {\displaystyle r_{t}=g_{t}-i_{t}} is known as the Fisher equation . Looking back into

1919-508: Is headed by Avatar , which is an original work. Animated family films have performed consistently well, with Disney films enjoying lucrative re-releases prior to the home-video era. Disney also enjoyed later success with films such as Frozen and its sequel , Zootopia , and The Lion King (along with its computer-animated remake ), as well as its Pixar division, of which Inside Out 2 (the highest-grossing animated film ), Incredibles 2 , and Toy Story 3 and 4 have been

2020-431: Is likely this was the worldwide rental figure. Trade journals would collate the data by either obtaining it from the distributors themselves, who were keen to promote a successful film, or by surveying theaters and constructing an estimate. Distributors would often report the worldwide rental since the higher figure made the film appear more successful, while estimates were limited to performance in North America; therefore it

2121-441: Is set to 100. The length of time between each value of t {\displaystyle t} and the next one, is normally constant regular time interval, such as a calendar year. P t {\displaystyle P_{t}} is the value of the price index at time t {\displaystyle t} after the base date. P t {\displaystyle P_{t}} equals 100 times

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2222-423: Is that it simply did not have a wide enough release to sustain the sort of sums that would be required for it to ultimately gross this amount. Exact figures are not known, but testimony in a federal trial in 1976—about four years into the film's release—showed the film had grossed over $ 25 million. Roger Ebert has reasoned it possibly did earn as much as $ 600 million on paper, since mobsters owned most of

2323-428: Is the 1972 pornographic film Deep Throat . In 1984, Linda Lovelace testified to a United States Senate Judiciary Subcommittee on juvenile justice that the film had earned $ 600 million; this figure has been the subject of much speculation, since if it is accurate then the film would have made more money than Star Wars , and finished the 1970s as the highest-grossing film. The main argument against this figure

2424-411: Is the change in the price index divided by the price index value at time t − 1 {\displaystyle t-1} : i t = P t − P t − 1 P t − 1 {\displaystyle i_{t}={\frac {P_{t}-P_{t-1}}{P_{t-1}}}} expressed as a percentage. The nominal value of

2525-553: Is the inflation rate. For values of i t {\displaystyle i_{t}} between −1 and 1 (i.e. ±100 percent), we have the Taylor series so Hence as a first-order ( i.e. linear) approximation, The bundle of goods used to measure the Consumer Price Index (CPI) is applicable to consumers. So for wage earners as consumers, an appropriate way to measure real wages (the buying power of wages)

2626-456: Is to divide the nominal wage (after-tax) by the growth factor in the CPI. Gross domestic product (GDP) is a measure of aggregate output. Nominal GDP in a particular period reflects prices that were current at the time, whereas real GDP compensates for inflation. Price indices and the U.S. National Income and Product Accounts are constructed from bundles of commodities and their respective prices. In

2727-417: Is uniformly applied to the grosses in the chart published by Guinness World Records in 2014, beginning with the 2014 index. The figures in the above chart take into account inflation that occurred in 2014, and in every available year since then, through 2022. The adjusted gross for Gone with the Wind includes the original release and reissue grosses up to 1998, adjusted from the Guinness base year, and

2828-1031: The Russo brothers (2016, 2018 and 2019) all feature heavily with three films apiece. George Lucas directed two chart-toppers in 1977 and 1999, but also served in a strong creative capacity as a producer and writer in 1980, 1981, 1983, 1984 and 1989 as well. The following directors have also all directed two films on the chart: Frank Lloyd , King Vidor , Frank Capra , Michael Curtiz , Leo McCarey , Alfred Hitchcock , David Lean , Stanley Kubrick , Guy Hamilton , Mike Nichols , William Friedkin , Peter Jackson , Gore Verbinski , and Michael Bay ; Mervyn LeRoy , Ken Annakin and Robert Wise are each represented by one solo credit and one shared credit, and John Ford co-directed two films. Disney films are usually co-directed and some directors have served on several winning teams: Wilfred Jackson , Hamilton Luske , Clyde Geronimi , David Hand , Ben Sharpsteen , Wolfgang Reitherman and Bill Roberts have all co-directed at least two films on

2929-442: The adult movie theaters during this period and would launder income from drugs and prostitution through them, so probably inflated the box-office receipts for the film. The Birth of a Nation , Gone with the Wind , The Godfather , Jaws , Star Wars , E.T. , and Avatar all increased their record grosses with re-releases. The grosses from their original theatrical runs are included here along with totals from re-releases up to

3030-433: The real gross domestic product compensates for inflation so economists can exclude inflation from growth figures, and see how much an economy actually grows. Nominal GDP would include inflation, and thus be higher. A commodity bundle is a sample of goods , which is used to represent the sum total of goods across the economy to which the goods belong, for the purpose of comparison across different times (or locations). At

3131-467: The $ 1 billion it earned at the box office. On this chart, films are ranked by the revenues from theatrical exhibition at their nominal value, along with the highest positions they attained. Six films in total have grossed in excess of $ 2 billion worldwide, with Avatar ranked in the top position. All of the films have had a theatrical run (including re-releases) in the 21st century, and films that have not played during this period do not appear on

Fox Performing Arts Center - Misplaced Pages Continue

3232-421: The $ 50 million worldwide gross was reconfigured as a $ 12.5 million U.S. rental gross; this is exactly 25% of the amount reported by Cinerama, so Variety ' s formula seemingly halved the gross to obtain an estimate for the U.S. share, and halved it again to simulate a rental fee. All five Cinerama features collectively generated $ 120 million in worldwide box office receipts. Variety put

3333-444: The 1960s. Gone with the Wind itself may have been briefly overtaken by The Ten Commandments (1956), which closed at the end of 1960 with worldwide rentals of $ 58–60 million compared to Gone with the Wind ' s $ 59 million; if it did claim the top spot its tenure there was short-lived, since Gone with the Wind was re-released the following year and increased its earnings to $ 67 million. Depending on how accurate

3434-562: The 1961 reissue prior to losing the record to The Sound of Music in 1966; its 1971 entry—after it took back the record—includes income from the 1967 and 1971 reissues but omitting later releases. The Godfather was re-released in 1973 after its success at the 45th Academy Awards , and Jaws was released again in 1976, and their grosses here most likely include earnings from those releases. The Sound of Music , The Godfather , Jaws , Jurassic Park , and Titanic have all increased their earnings with further releases, but they are not included in

3535-552: The 1997 special-edition releases; however, the figure does include revenue from the re-releases prior to the special editions . The Harry Potter and the Philosopher's Stone reissue totals recorded by Box Office Mojo for Brazil (2020), Italy (2021), Netherlands (2021) and South Korea (2021) have been deducted from the lifetime gross due to Box Office Mojo double-counting the original release grosses in those countries. Production costs were shared with Harry Potter and

3636-635: The 2010 Special Edition, which represents all of its earnings up to the point it relinquished the record, whereas its second appearance also incorporates revenue from a 2020 re-release in the Asia-Pacific region as well as the 2021 re-release in China which helped it to reclaim the record. Gone with the Wind is likewise represented twice on the chart: the 1940 entry includes earnings from its staggered 1939–1942 release ( roadshow /​ general release /​ second-run ) along with all of its revenue up to

3737-434: The 2019 gross adjusted from the 2020 index. There have been several limited re-releases in the 2020s, but the grosses from these reissues are not represented in the adjusted gross. The adjusted gross for Avatar includes revenue from the original release and all four reissues. The original release and 2010 Special Edition grosses are adjusted from the Guinness base year, whilst the 2020 and 2021 grosses are adjusted from

3838-427: The 2021 index and the 2022 gross from 2022. Guinness ' adjusted total for Titanic only increased by $ 102,000,000 between the 2012 (published in 2011) and 2015 editions, a rise of 4.2% shared by the other adjusted totals in the chart, and omitted the gross from a 3D re-release in 2012. This chart incorporates the gross of $ 343,550,770 from the reissue and adjusts it from the 2013 index. Titanic grossed

3939-402: The 2022 index. The gross for Avengers: Endgame is adjusted from the 2020 index. The gross for Star Wars: The Force Awakens is adjusted from the 2016 index. Box-office figures are reported in either gross revenue or distributor rentals , the latter being especially true of older films. Commonly mistaken for home video revenue, distributor rentals are the distributor's share of

4040-459: The 20th century, but several trends did emerge. During the silent era , films with war themes were popular with audiences, with The Birth of a Nation ( American Civil War ), The Four Horsemen of the Apocalypse , The Big Parade and Wings (all World War I ) becoming the most successful films in their respective years of release, with the trend coming to an end with All Quiet on

4141-482: The Deathly Hallows ;– Part 1 . At least eleven films have held the record of 'highest-grossing film' since The Birth of a Nation assumed the top spot in 1915. Both The Birth of a Nation and Gone with the Wind spent twenty-five consecutive years apiece as the highest-grosser, with films directed by Steven Spielberg and James Cameron holding the record on three occasions each. Spielberg became

Fox Performing Arts Center - Misplaced Pages Continue

4242-664: The Lido Theater became the " Pussycat Theater " where adult films were shown. Determined eligible for entry to the National Register of Historic Places, the Fox Theater, located at the intersection of Mission Inn Avenue and Market Street, is today recognized as an important locale in the history of motion pictures. In 2006, the City of Riverside acquired the property in order to provide a performing arts facility in

4343-591: The Moon all peaked one place lower than shown in the accompanying source. Box Office Mojo revised the grosses for Pixar films in August 2016, resulting in the gross for Toy Story 3 being corrected from $ 1.063 billion to $ 1.067 billion. This means that it peaked at number 4 at the end of its run, ahead of Pirates of the Caribbean: Dead Man's Chest , rather than at number 5 as indicated by

4444-536: The Nederlander Corporation for two years. After that they contracted with Tom McCoy and Cathy Rigby for their Broadway performances. Live Nation took over operations as of December 1, 2013. List of highest-grossing films adjusted for inflation Films generate income from several revenue streams, including theatrical exhibition , home video , television broadcast rights , and merchandising . However, theatrical box-office earnings are

4545-632: The Sea , although The Numbers provides a figure of $ 8,000,000 for the North American box-office gross. However, it is possible this figure has been mistaken for the gross of the 1954 remake which also earned $ 8,000,000 in North American rentals. Some sources such as The Numbers state that Aloma of the South Seas is the highest grossing film of the year, earning $ 3 million. However, no contemporary sources provide figures for Aloma of

4646-403: The Seven Dwarfs ($ 8,500,000) would not have earned enough on its first theatrical run to take the record; although it would have been the highest-grossing 'talkie', displacing The Singing Fool ($ 5,900,000). Although received wisdom holds that it is unlikely The Birth of a Nation was ever overtaken by a silent-era film, the record would fall to 1925's Ben-Hur ($ 9,386,000) if The Birth of

4747-404: The South Seas , so it is unclear what the $ 3 million figure relates to. If it were the rental gross then that would have made it not only the highest-grossing film of the year, but one of the highest-grossing films of the silent era, and if that is the case it would be unusual for both International Motion Picture Almanac and Variety to omit it from their lists. It is not clear if

4848-478: The Western Front in 1930. With the advent of sound in 1927, the musical —the genre best placed to showcase the new technology—took over as the most popular type of film with audiences, with 1928 and 1929 both being topped by musical films. The genre continued to perform strongly in the 1930s, but the outbreak of World War II saw war-themed films dominate again during this period, starting with Gone with

4949-435: The Wind (American Civil War) in 1939, and finishing with The Best Years of Our Lives (World War II) in 1946. Samson and Delilah (1949) saw the beginning of a trend of increasingly expensive historical dramas set during Ancient Rome / biblical times throughout the 1950s as cinema competed with television for audiences, with Quo Vadis , The Robe , The Ten Commandments , Ben-Hur and Spartacus all becoming

5050-675: The Wind —first released in 1939—is generally considered to be the most successful film, with Guinness World Records in 2014 estimating its adjusted global gross at $ 3.4 billion. Estimates for Gone with the Wind ' s adjusted gross have varied substantially: its owner, Turner Entertainment , estimated its adjusted earnings at $ 3.3 billion in 2007, a few years earlier than the Guinness estimate; other estimates fall either side of this amount, with one putting its gross just under $ 3 billion in 2010, while another provided an alternative figure of $ 3.8 billion in 2006. Which film

5151-413: The base year are respectively: The real wage each year measures the buying power of the hourly wage in common terms. In this example, the real wage rate increased by 20 percent, meaning that an hour's wage would buy 20% more goods in year 2 compared with year 1. As was shown in the section above on the real growth rate, where and as a first-order approximation, In the case where the growing quantity

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5252-532: The best performers of the 21st century. There is strong interest in the superhero genre , with eleven films in the Marvel Cinematic Universe featuring among the nominal top-earners. The most successful superhero film, Avengers: Endgame , is also the second-highest-grossing film on the nominal earnings chart, and there are four films in total based on the Avengers comic books charting in

5353-563: The best performers. Beyond Disney and Pixar animation, the Despicable Me and Shrek series have met with the most success. While inflation has eroded the achievements of most films from the 1950s, 1960s, and 1970s, there are franchises originating from that period that are still active. Besides the Star Wars and Superman franchises, James Bond and Godzilla films are still being released periodically; all four are among

5454-460: The building served as a makeshift dormitory after the soldiers from the nearby military bases filled the city's available sleeping spaces. Manager Roy Hunt allowed the soldiers to sleep on the thick carpets of the lobby and auditorium. In 1942, the Fox Theater converted its stage and surrounding dressing rooms into a 536-person secondary theater named the "Lido," which served as a "second-run" film house for headline pictures. Alterations and additions to

5555-448: The case of GDP, a suitable price index is the GDP price index. In the U.S. National Income and Product Accounts, nominal GDP is called GDP in current dollars (that is, in prices current for each designated year), and real GDP is called GDP in [base-year] dollars (that is, in dollars that can purchase the same quantity of commodities as in the base year). then real wages using year 1 as

5656-550: The chart because of ticket-price inflation, population size and ticket purchasing trends not being considered. Box Office Mojo stopped updating its main total for Frozen in August 2014, while it was still in release. The total listed here incorporates subsequent earnings in Japan, Nigeria, Spain, the United Kingdom and Germany up to the end of 2015 but omits earnings in Turkey, Iceland, Brazil, and Australia (2016), which amount to

5757-567: The chart chronicles the films from each year that went on to earn the most. In the cases where estimates conflict both films are recorded, and in cases where a film has moved into first place because of being re-released the previous record-holder is also retained. (...) Since grosses are not limited to original theatrical runs, a film's first-run gross is included in brackets after the total if known. Canada and U.S. gross only. Distributor rental. To be ascertained. No contemporary sources provide figures for 20,000 Leagues Under

5858-415: The chart, with six films to his credit, occupying the top spot in 1975, 1981, 1982, 1984, 1989 and 1993. Cecil B. DeMille (1932, 1947, 1949, 1952 and 1956) is in second place with five films and William Wyler (1942, 1946, 1959 and 1968) and James Cameron (1991, 1997, 2009 and 2022) are tied for third place with four films. D. W. Griffith (1915, 1916 and 1920), George Roy Hill (1966, 1969 and 1973) and

5959-418: The claim, the sum has been widely reported even though it has never been substantiated. While it is generally accepted that Gone with the Wind took over the record of highest-grossing film on its initial release—which is true in terms of public exhibition—it is likely it did not overtake The Birth of a Nation in total revenue until a much later date, with it still being reported as the highest earner up until

6060-422: The commodity bundle which are current at the time. A price index is the relative price of a commodity bundle. A price index can be measured over time, or at different locations or markets. If it is measured over time, it is a series of values P t {\displaystyle P_{t}} over time t {\displaystyle t} . A time series price index is calculated relative to

6161-634: The current figure. Ongoing weekly drops in the totals for several countries—Argentina being the worst affected—led to a drop in the overall worldwide total. In view of what appears to be an aberration in the source, a previous figure is provided. The Lord of the Rings: The Return of the King saw its original gross corrected in early 2020. The result of this correction is that Spider-Man: Far From Home , Captain Marvel and Transformers: Dark of

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6262-461: The devaluation of the currency, some charts make adjustments for inflation, but not even this practice fully addresses the issue, since ticket prices and inflation do not necessarily parallel one another. For example, in 1970, tickets cost $ 1.55 or about $ 6.68 in inflation-adjusted 2004 dollars; by 1980, prices had risen to about $ 2.69, a drop to $ 5.50 in inflation-adjusted 2004 dollars. Ticket prices have also risen at different rates of inflation around

6363-446: The downtown area for community use. The renovation of the Fox Theater was part of a $ 1.68 billion "Riverside Renaissance" program. The Riverside Renaissance program anticipates completing more projects in five years than were completed over the last 30. The $ 35 million renovation of the Fox Theater began May 3, 2007 and was completed late 2009. After reopening, FX Arts Management operated the venue for almost 4 years, and contracted with

6464-431: The end of 1947 it had earned $ 2 million, and by 1949, $ 8 million; by 1956 it had earned $ 22 million in rentals, representing a gross of $ 80 million, and would have easily placed in the top ten films in the late 1940s and early 1950s. Estimates of its total earnings are as high as $ 100 million. Chopra-Gant stipulates that the figure given for Unconquered is for North American box-office, but as

6565-416: The estimates are, the 1959 remake of Ben-Hur may also have captured the record from Gone with the Wind : as of the end of 1961 it had earned $ 47 million worldwide, and by 1963 it was trailing Gone with the Wind by just $ 2 million with international takings of $ 65 million, ultimately earning $ 66 million from its initial release. Another film purported to have been the highest-grosser

6666-432: The figure for Sunny Side Up is for North America or worldwide. Other sources put its earnings at $ 2 million, which may suggest the higher figure is the worldwide rental, given the confusion over international figures during this period. The figure for It Happened One Night is not truly representative of its success: it was distributed as a package deal along with more than two dozen other Columbia films, and

6767-425: The film earned $ 21 million in North America and $ 11 million overseas from the initial release, and added a further $ 9 million in North America and $ 8 million overseas from subsequent re-releases up to 1956. Mom and Dad does not generally feature in 'high-gross' lists such as those published by Variety due to its independent distribution. Essentially belonging to the exploitation genre , it

6868-595: The film industry. The partnership was short-lived, however, due to both antitrust regulations and Fox's own financial difficulties. The corporation went into bankruptcy in the early 1930s. The theater came under control of the Skouras Brothers in 1932 and became part of the National Theaters chain, the largest and most successful theater chain in US history. Throughout the 1930s and 1940s, the Fox Theater

6969-468: The film's theatrical revenue (i.e. the box office gross less the exhibitor's cut). Historically, the rental price averaged at 30–40% when the distributors owned the theater chains, equating to just over a third of the gross being paid to the distributor of the film. In the modern marketplace, rental fees can vary greatly—depending on a number of factors—although the films from the major studios average out at 43%. Audience tastes were fairly eclectic during

7070-474: The films, meaning the studio received 100% of the box-office gross, unlike the case with most other films where the distributor typically receives less than half the gross. Since Variety at the time ranked films by their U.S. and Canadian rental, they constructed a hypothetical rental figure for the Cinerama films to provide a basis for comparison to other films in their chart: in the case of This Is Cinerama ,

7171-432: The first director to break his own record when Jurassic Park overtook E.T. , and Cameron emulated the feat when Avatar broke the record set by Titanic . When it took over the top spot in 2019, Avengers: Endgame became the first sequel to hold the record of highest-grossing film, and in doing so interrupted thirty-six years of Spielberg/Cameron dominance before Avatar reclaimed the top spot two years later in 2021 upon

7272-481: The grosses documented here are not confined to just the year of release. Grosses are not limited to original theatrical runs either, with many older films often being re-released periodically so the figures represent all the business a film has done since its original release; a film's first-run gross is included in brackets after the total if known. Because of incomplete data it cannot be known for sure how much money some films have made and when they made it, but generally

7373-492: The growth factor of the price index. Real values can be found by dividing the nominal value by the growth factor of a price index. Using the price index growth factor as a divisor for converting a nominal value into a real value, the real value at time t relative to the base date is: The real growth rate r t {\displaystyle r_{t}} is the change in a nominal quantity Q t {\displaystyle Q_{t}} in real terms since

7474-412: The highest-grossing film of all time. All grosses on the list are expressed in U.S. dollars at their nominal value, except where stated otherwise. With a worldwide box-office gross of over $ 2.9 billion, Avatar is proclaimed to be the "highest-grossing" film, but such claims usually refer to theatrical revenues only and do not take into account home video and television income, which can form

7575-413: The highest-grossing film of the year during initial release, before the genre started to wane after several high-profile failures. The success of White Christmas and South Pacific in the 1950s foreshadowed the comeback of the musical in the 1960s with West Side Story , Mary Poppins , My Fair Lady , The Sound of Music and Funny Girl all among the top films of the decade. The 1970s saw

7676-427: The highest-grossing franchises. Some of the older films that held the record of highest-grossing film still have respectable grosses by today's standards, but no longer compete numerically against today's top-earners in an era of much higher individual ticket prices. When those prices are adjusted for inflation, however, then Gone with the Wind —which was the highest-grossing film outright for twenty-five years—is still

7777-420: The industry. Real versus nominal value (economics) In economics , nominal value refers to value measured in terms of absolute money amounts, whereas real value is considered and measured against the actual goods or services for which it can be exchanged at a given time. Real value takes into account inflation and the value of an asset in relation to its purchasing power . In macroeconomics,

7878-511: The list. Only seven directors have topped the chart in consecutive years: McCarey (1944 and 1945), Nichols (1966 and 1967), Spielberg (1981 and 1982), Jackson (2002 and 2003), Verbinski (2006 and 2007) and the Russo brothers (2018 and 2019). Because of release schedules—especially in the case of films released towards the end of the year—and different release patterns across the world, many films can do business in two or more calendar years; therefore

7979-416: The only data available for older films are the sale totals. As the motion picture industry is highly oriented towards marketing currently released films, unadjusted figures are always used in marketing campaigns so that new blockbuster films can much more easily achieve a high sales ranking, and thus be promoted as a "top film of all time", so there is little incentive to switch to a more robust analysis from

8080-447: The original design included the small secondary theater in the former stage house, alterations to the proscenium and various new sound absorption finishes in the auditorium. After World War II, changing demographics and fading fortunes of the surrounding neighborhood combined to decrease the viability of the Fox Theater. In 1978, the theater was acquired by Walnut Properties who used the main auditorium to show Spanish language films, while

8181-417: The past, the ex post real interest rate is approximately the historical nominal interest rate minus inflation. Looking forward into the future, the expected real interest rate is approximately the nominal interest rate minus the expected inflation rate. Not only time-series data, as above, but also cross-sectional data which depends on prices which may vary geographically for example, can be adjusted in

8282-419: The point that they lost the record; therefore the total for The Birth of a Nation includes income from its reissues up to 1940; the total for Star Wars includes revenue from the late 1970s and early 1980s reissues but not from the 1997 Special Edition; the total for E.T. incorporates its gross from the 1985 reissue but not from 2002. The total for Avatar 's first appearance on the chart includes revenue from

8383-399: The previous date t − 1 {\displaystyle t-1} . It measures by how much the buying power of the quantity has changed over a single period. where g t {\displaystyle g_{t}} is the nominal growth rate of Q t {\displaystyle Q_{t}} , and i t {\displaystyle i_{t}}

8484-419: The previous figure), and as of 1953—following the 1947 re-release— Variety was reporting earnings of $ 26 million. Through 1956, MGM reported cumulative North American earnings of $ 30,015,000 and foreign earnings of $ 18,964,000, from three releases. Worldwide rentals of $ 32 million from the initial release is consistent with the revised figures and later reported worldwide figures: they indicate that

8585-459: The price level fixed 100 at the base date. The price index is applied to adjust the nominal value Q {\displaystyle Q} of a quantity, such as wages or total production, to obtain its real value. The real value is the value expressed in terms of purchasing power in the base year. The index price divided by its base-year value P t / P 0 {\displaystyle P_{t}/P_{0}} gives

8686-403: The primary metric for trade publications in assessing the success of a film, mostly because of the availability of the data compared to sales figures for home video and broadcast rights, but also because of historical practice. Included on the list are charts of the top box-office earners (ranked by both the nominal and real value of their revenue), a chart of high-grossing films by calendar year,

8787-514: The source. Because of the long-term effects of inflation , notably the significant increase of movie theater ticket prices, the list unadjusted for inflation gives far more weight to later films. The unadjusted list, while commonly found in the press, is therefore largely meaningless for comparing films widely separated in time, as many films from earlier eras will never appear on a modern unadjusted list, despite achieving higher commercial success when adjusted for price increases. To compensate for

8888-588: The top twenty. Other Marvel Comics adaptations have also had success with the Spider-Man and X-Men properties, while films based on Batman and Superman from DC Comics have generally performed well. Star Wars is also represented in the nominal earnings chart with five films, while the Jurassic Park franchise features prominently. Although the nominal earnings chart is dominated by films adapted from pre-existing properties and sequels, it

8989-459: The total earnings were averaged out; the true gross would have been much higher. Snow White ' s $ 418 million global cume omits earnings outside of North America from 1987 onwards. It is not absolutely clear how much Gone with the Wind earned from its initial release. Contemporary accounts often list it as earning $ 32 million in North American rentals and retrospective charts have often duplicated this claim; however, it

9090-526: The totals here because they had already conceded the record prior to being re-released. Distributor rental. Includes revenue from re-releases. If a film increased its gross through re-releases while holding the record, the year in which it recorded its highest gross is also noted in italics. Prior to 2000, only seven film series had grossed over $ 1 billion at the box office: James Bond , Star Wars , Indiana Jones , Rocky , Batman , Jurassic Park , and Star Trek . Since

9191-515: The turn of the century, that number has increased to over a hundred. This is partly due to inflation and market growth, but it is also due to Hollywood's adoption of the franchise model: films that have built-in brand recognition such as being based on a well-known literary source or an established character. The methodology is based on the concept that films associated with things audiences are already familiar with can be more effectively marketed to them, and as such are known as "pre-sold" films within

9292-493: The value of the commodity bundle at time t {\displaystyle t} , divided by the value of the commodity bundle at the base date. If the price of the commodity bundle has increased by one percent over the first period after the base date, then P 1 = 101. The inflation rate i t {\displaystyle i_{t}} between time t − 1 {\displaystyle t-1} and time t {\displaystyle t}

9393-518: The world by the stage adaptation . Merchandising can be extremely lucrative too: The Lion King also sold $ 3 billion of merchandise, while Pixar's Cars —which earned $ 462 million in theatrical revenues and was only a modest hit by comparison to other Pixar films —generated global merchandise sales of over $ 8 billion in the five years after its 2006 release. Pixar had another huge hit with Toy Story 3 , which generated almost $ 10 billion in merchandise retail sales in addition to

9494-457: The world, further complicating the process of adjusting worldwide grosses. Another complication is release in multiple formats for which different ticket prices are charged. One notable example of this phenomenon is Avatar , which was also released in 3D and IMAX : almost two-thirds of tickets for that film were for 3D showings with an average price of $ 10, and about one-sixth were for IMAX showings with an average price over $ 14.50, compared to

9595-509: The worldwide rental for The Greatest Show on Earth at around $ 18.35 million (with $ 12.8 million coming from the United States ) a year after its release; however, Birchard puts its earnings at just over $ 15 million up to 1962. It is likely that Birchard's figure is just the North American gross rental, and includes revenue from the 1954 and 1960 reissues. The "first run" Star Wars grosses do not include revenue from

9696-427: Was common at the time, the chart confuses worldwide and North American grosses. Other sources state that the takings for Forever Amber ($ 8 million) and Life with Father ($ 6.5 million) were in fact worldwide rental grosses, so it is possible this is also true of Unconquered . The Cinerama figures represent gross amounts. Since the Cinerama corporation owned the theaters there were no rental fees for

9797-424: Was delayed by World War I, and it was not released in many foreign territories until the 1920s; coupled with further re-releases in the United States, its $ 10 million earnings as reported by Variety in 1932 are consistent with the earlier figure. At this time, Variety still had The Birth of a Nation ahead of The Big Parade ($ 6,400,000) on distributor rentals and—if its estimate is correct— Snow White and

9898-499: Was marketed as an educational sex hygiene film in an effort to circumvent censorship laws . Falling foul of the Motion Picture Production Code , Mom and Dad was prevented from obtaining mainstream distribution and restricted to independent and drive-in theaters . It was the biggest hit of its kind, and remained in continual distribution until the 1970s when hardcore pornography eventually took over. At

9999-414: Was not unusual for worldwide and North American rentals to be mixed up. Following the outbreak of World War II, many of the foreign markets were unavailable to Hollywood so it became standard practice to just report on North American box-office performance. In keeping with this new approach, the North American rental for Gone with the Wind was revised to $ 21 million in 1947 ($ 11 million lower than

10100-504: Was part of a chain of West Coast theaters built by Abe and Mike Gore , Adolph Ramish, and Sol Lesser . This partnership constructed neighborhood theaters in the Southern California area throughout the 1920s. In 1928, this group sold a controlling interest to William Fox of Fox Studios and the corporation became known as Fox West Coast Theaters. This alliance with Fox created a seamless production to distribution system for

10201-567: Was used by the Hollywood-based film industry to show previews of future releases before final editing. Riverside was considered a useful preview site because it represented, demographically, small town America. By previewing their future releases in Riverside, the film companies believed they could register the reaction to their movie within the country's largest viewing demographic without having to travel too far. During World War II ,

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