Viacom has stated that Paramount Pictures is “revitalized” as a result of the success of films including A Quiet Place after posting its third quarter financial results.The film studio posted operating income of $44M during the quarter, up from $9M in the prior year quarter.
Domestic theatrical revenues were up 58%, thanks in part to the John Krasinski and Emily Blunt-fronted horror flick, and Book Club, helping overall domestic revenues up 20% to $464M.
However, revenues across the group decreased 9% to $772M as a result of a 33% decrease in international revenues to $308M.A Quiet Place has grossed more than $188 million domestically to date, making it the second highest grossing horror film in the U.S.
over the past decade.
The film has so far earned more than $332 million at the worldwide box office at a production cost of approximately $20 million.Viacom, which owns MTV, Comedy Central and VH1, posted
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