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'Hobbit' finale grosses half its budget in 3 days, before US release

The franchise that nearly didn't happen makes big bank for Warner and MGM
By: Ben Gourlay | Celebrities & Entertainment News | Posted: Dec 15, 2014 3:01 am

After nearly fifteen years and 17 hours of screen time, Peter Jacksons 'Lord of the Rings' saga comes to an end with the release of the final entry in 'The Hobbit' Trilogy - 'The Battle of Five Armies'.




Whilst the movie won't open for a number of days in the United States and even longer in Australia (December 26th), the film has just opened in 37 overseas locations, including Germany, United Kingdom, France and Japan. In it's first three days of release the film has already pulled in $117 million, which is nearly half the film's production budget of $250 million. The Previous entry; 'The Desolation of Smaug' grossed nearly a billion dollars worldwide.


'The Hobbit: The Battle of Five Armies' is the final entry of both the 'Hobbit' series and the wider 'Lord of the Rings' saga and will be released over the course of December in hundreds of markets in 2D, 3D, IMAX and 48FPS High Frame Rate versions.

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