Overseas markets rule Jurassic World takings

Domestic takings for Jurassic World: Fallen Kingdom is only at 21 per cent currently.
Domestic takings for Jurassic World: Fallen Kingdom is only at 21 per cent currently. PHOTO: UIP

Hollywood hits powered by the US box office is fast becoming a thing of the past as Asian markets power ticket revenues

NEW YORK • Dinosaurs are extinct, but Hollywood has found out that a global hit - powered by the United States market - is also becoming an increasingly endangered species.

Take, for example, the earnings for Jurassic World: Fallen Kingdom. In North America, the US$150 million (S$204 million) taken in by Universal Pictures' latest instalment of the dinosaur franchise exceeded analysts' projections by 10 to 15 per cent.

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A version of this article appeared in the print edition of The Straits Times on June 27, 2018, with the headline 'Overseas markets rule Jurassic World takings'. Print Edition | Subscribe