Box Office: ‘Sonic the Hedgehog’ Wakes Paramount From Hibernation

Waiting and hedging its bets proved to be worth it for Paramount.Over the long Presidents Day weekend, Sonic-the-Hedgehog-2020-movie-posters/”>Sonic the Hedgehog zoomed past expectations to a $70 million debut — the studio’s biggest domestic opening since Mission: Impossible — Fallout over 18 months ago.Every Hollywood studio has its ups and downs at the box office, but Paramount has endured a dismal run, topped by big-budget misses such as Gemini Man and Terminator: Dark Fate in late 2019 (both films were produced and co-financed by partner Skydance).Sonic marks an important victory for Paramount and studio chairman Jim Gianopulos after scoring the …

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