http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1071251707109&p=1012571727304

The final installment of the The Lord of the Rings film trilogy sold $246m
worth of tickets worldwide between Wednesday and Sunday, the highest total
takings over the first five days of any film.


The strong box office performance of  The Return of the King provides a
welcome boost for Time Warner, the media conglomerate that owns New Line
Cinema, the film's distributor, and raises hopes that it could become only
the second film after Titanic to gross more than $1bn during its run.

Time Warner has been overshadowed by record writedowns, management upheaval
and stock price turmoil since it merged four years ago with AOL, the
internet service provider.

The Return of the King dominated North America box offices this weekend,
selling $73.6m worth of tickets between Friday and Sunday, for total takings
of $125m since its launch on Wednesday. The film added $121m in 28 other
countries to easily surpass the $202m worldwide opening achieved last month
by The Matrix Revolutions, the previous opening-week record holder.

The financial performance of The Return of the King is all the more
remarkable because the film has yet to open in a number of countries,
including Japan, Italy and Australia.

The first Lord of the Rings installment, The Fellowship of the Ring,
released in 2001, achieved North American ticket sales of $94m in its first
five days and went on to gross $861m worldwide. The Two Towers, released in
2002, grossed $102m in its first five days in North America and went on to
achieve total sales of $921m.

Each of the films, shot on location in New Zealand by director Peter
Jackson, is estimated to have cost $100m to produce.

Titanic, released in 1998, launched in fewer countries but went on to
achieve worldwide ticket sales of $1.8bn.



xponent

Action Jackson Maru

rob


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