Home » Lifestyle » 'Harry Potter and the Sorcerer's Stone' hits $1 billion at box office 19 years after release due to COVID-19
'Harry Potter and the Sorcerer's Stone' hits $1 billion at box office 19 years after release due to COVID-19
Movie theaters report lowest ticket sales in more than 20 years
Box office receipts have plunged to a two-decade low amid coronavirus precaution. FOX Business’ Cheryl Casone with more.
“Harry Potter and the Sorcerer’s Stone” has officially grossed $1 billion at the international box office almost two decades after its original release.
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The first in the eight-movie “Harry Potter” franchise is benefiting in a big way from the coronavirus pandemic, forcing theaters throughout the world to close their doors and major movie productions going on seemingly indefinite hold. The movie was re-released in international markets in 4K 3D and it’s bringing people back to theaters in droves where it’s safe.
According to Deadline, the biggest weekend numbers came from China, where “The Sorcerer’s Stone” (also known as “The Philosopher’s Stone”), grossed an estimated $13.6 million on 16,000 screens by Sunday. The outlet reports that $2.1 million of that total came from roughly 594 IMAX theaters. As a result, the movie became the second in the franchise from Warner Bros. to cross the $1 billion marker with an estimated total of $1,001,260,000. The final installment of the franchise, “Harry Potter and the Deathly Hallows: Part 2” also topped the $1 billion marker when it came out in 2011.
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