Skyfall helps boost MGM revenue for 2012

Skyfall and The Hobbit helped lift MGM’s revenues by 97 percent compared with the previous year, a huge turnaround considering the perilous state of the company in 2009. Total revenue for the year was $1.38 billion, with net income for 2012 standing at $129 million.

That just shows how reliant on successful blockbusters the studios have become, and how financially disastrous it can be when they are not successful.

Source: Hollywood Reporter

Get our free monthly newsletter

Become a James Bond Dossier insider!

No thanks, I'm not interested in news about 007
Like this article? Join our free 007 newsletter and get the latest on No Time to Die and other James Bond news by email.

Leave a Reply.

Comment Please keep your comment on topic.