Ending Soon! Save 33% on All Access

Oscarnomics The film world's best and worst financial performances of 2007.

By Sophia Banay

For the studios, it's the race that really matters. No, not who will take home statuettes for Best Director or Best Picture, but which of the year's films scored financially. Overall, it wasn't a pretty picture. Ticket sales barely inched up, and the writers strike dampened the mood, even threatening to dim the glitter of the Academy Awards. Meanwhile, though, box office receipts rose 6 percent to $9 billion, largely because of three megahits: Spider-Man 3, Shrek the Third, and Transformers. Their combined take came to $976.5 million, more than 10 percent of total ticket sales for the year.

Visit Portfolio.com for the latest business news and opinion, executive profiles and careers. Portfolio.com© 2007 Condé Nast Inc. All rights reserved.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.