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Valley Dominates Silver Screen

Valley movie studios produced some huge box office returns last year. Leading all studios in ticket sales was Warner Bros. in Burbank, with $4.95 billion in worldwide box office take. The company hit home runs with its “The Hobbit: The Desolation of Smaug” and “Gravity.” Walt Disney Co. in Burbank came in second with about $4.68 billion in global sales, led by a number of big offerings, including “Iron Man 3,” “Frozen” and “Oz the Great and Powerful.” Disney had the top film worldwide last year in “Iron Man 3,” which earned the company about $1.2 billion. But Warner Bros. won on quantity, producing almost twice as many films. Universal Studios in Universal City came in a distant third with $3.68 billion in sales. Its effort was led by sequels such as “Fast and Furious 6” and “Despicable Me 2.” 20th Century Fox Film Corp. in Century City ranked fourth, while rounding out the top five was Sony Pictures in Culver City, which fell from first place last year. The figures were compiled by trade publication Variety.

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