Could ‘Sonic the Hedgehog’ Speed Paramount’s Recovery at the Box Office?
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After rough 2019, Paramount brings a movie slate its execs say was the first entirely built under CEO Jim Gianopulos
“Sonic the Hedgehog,” a film once known as a “Cats”-level internet joke, has become Paramount’s biggest box office hit in almost 18 months. With a three-day domestic opening of $58 million, the film based on Sega’s blue speedster has given the Viacom-owned studio its best opening weekend since 2018’s “Mission: Impossible — Fallout.”
That’s welcome news after Paramount’s disappointing $563.9 million in total domestic box office in 2019, when none of the studio’s releases managed to cross $100 million in domestic ticket sales.
While the Elton John biopic “Rocketman” produced a profit with $195 million in global ticket sales against a $40 million budget, the studio struck out hard with would-be blockbusters “Gemini Man” and “Terminator: Dark Fate.”