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Article: Warner hit 'Fugitive' propels its distribution arm into top of field. (Warner Bros. Inc.; motion picture)
- Article from:
- Los Angeles Business Journal
- Article date:
- June 27, 1994
- Author:
CopyrightCOPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Warner Bros. tops this week's first-ever List of the 15 largest motion picture distribution companies by raking in $909.3 million in domestic ticket sales for 1993 and by capturing an 18.2 percent of the domestic market share for that year. Distribution companies are the entities which sell motion pictures to theaters.
Warner's No. 1 ranking came as a surprise to nobody. The Burbank-based distribution arm of Warner Bros. Pictures has captured the lion's share of the market for the past three years running.
Last year Warner won the battle for the box office with just one mega-hit, "The Fugitive," and a strong line-up of films that made a respectable showing at ...