Star Wars Reaches 1 Billion Dollars

Photo Courtesy of www.983vibe.com

Photo Courtesy of www.983vibe.com

The newest Star Wars installment, “The Force Awakens,” had made the billion dollar mark on December 27, 2015; it took 12 days to achieve, stated 44news.wevv.com.

The most recent movie to reach to reach $1 billion the fastests was Universal’s “Jurassic World,” which made it in 13 days back in June. Until January 9, “The Force Awakens” will not open in the world’s second-largest movie market. J.J. Abrams’ installment of “Star Wars” posted the biggest Christmas Day  box office in history with $49.3 million and the best second-weekend earnings with $153.5 million, reported foxnews.com.

“The Force Awakens has been setting records since it’s debut on December 17. On opening weekend in North America, it brought in an enormous $238 million, beating previous record holder “Jurassic World” and set international opening-weekend records in Australia, New Zealand, and throughout Europe. It now has the biggest worldwide debut with $529 million, and it also overruled $100 million in IMAX screenings in just 10 days, which set another global record, wrote tvnz.com

“You almost have to rewrite all the record books for this movie,” box office analyst Paul Dergarabedian explained. “It’s absolutely mind-blowing that ‘Star Wars’ could get to a billion dollars in 12 days and it hasn’t even opened in China, the second biggest movie market in the world.”

“It’s great for the audiences, great for studios and theatre owners in particular who can point to this and say the movie theatre industry is as viable and relevant as it’s ever been,” Dergarabedian stated.

A juggernaut like Star Wars empowers the entire industry, Dergarabedian said, according to newsjs.com.