Twentieth Century Fox is the leading studio in box office receipts in 1998
LOS ANGELES–(BUSINESS WIRE)–Dec. 30, 1998–Twentieth Century Fox is the
number-one studio in worldwide box office for the 1998 calendar year, with an all-time record of
$2.69 billion in receipts.
Led by James Cameron’s Oscar-winning phenomenon “Titanic,” which was produced by Fox, the
studio further bolstered its record-breaking year with such global hits as the Farrelly Brothers’
outrageous comedy “There’s Something About Mary,” which was the most profitable film of the
summer; the blockbuster family comedy “Doctor Dolittle,” starring Eddie Murphy; the first big-screen
adventure of “The X-Files”; and Fox Searchlight’s wildly popular “The Full Monty.”
William M. Mechanic, chairman and chief executive officer of Fox Filmed Entertainment,
commented: “There has been much to celebrate at Fox this year on many levels. Creatively, all the
divisions of Fox Filmed Entertainment were able to enlist the talents of an outstanding array of
filmmakers and actors. As a result, the studio had its best year ever worldwide. Domestically, we had a
record-breaking summer; internationally, our team has set box-office heights that will be hard for
anyone to match.”
Fox International’s anticipated box-office tally will reach nearly $1.95 billion by the end of December
1998, which tops the all-time record by more than 50 percent. Domestically, Fox will gross more than
$747 million for calendar year 1998.
In 1998, 17 U.S.-produced films crossed the magic $100 million mark internationally, with Fox
accounting for four of those titles. The formidable trio of “There’s Something About Mary,” “Doctor
Dolittle” and “The X-Files” ignited the summer and fall schedules with sensational results. Three
holdovers from 1997 also contributed to this year’s stable of hits, with “The Full Monty” crossing $200
million internationally in 1998, followed by the sci-fi thriller “Alien Resurrection” sailing past $100
million. The critically hailed animated musical feature “Anastasia” also tallied impressive numbers
internationally. Yet the lion’s share of the studio’s fortune was attributed to “Titanic,” which reached a
record-setting peak of $1.2 billion by the year’s end.
Fox’s domestic performance was also outstanding. It was the top-grossing studio of the Memorial
Day – Labor Day period, with “There’s Something About Mary” and “Doctor Dolittle” leading the way
with $173.4 million and $144.1 million, respectively. “The X-Files” movie, with nearly $84 million, was
also hugely profitable for the studio. The Drew Barrymore vehicle “Ever After” and the romantic drama
“Hope Floats” also tallied impressive numbers domestically in 1998.
Fox’s 1999 slate includes “The Thin Red Line,” the critically hailed World War II drama directed by
Terence Malick; “Star Wars: Episode I — The Phantom Menace,” the new chapter in George Lucas’s
epic saga; Brad Pitt and Edward Norton in David Fincher’s provocative drama “Fight Club”; Drew
Barrymore in the romantic comedy “Never Been Kissed”; Jodie Foster and Chow Yun-Fat starring in
“Anna” (working title); and Leonardo DiCaprio in “The Beach.”
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