30 July 2008 10:26 AM, PDT | Studio Briefing - Film News | See recent Studio Briefing - Film News news »
Warner Bros.' The Dark Knight added another $10.52 million to its gross on Monday, bringing the total to $324.3 million, making it the studio's biggest hit in history. In less than two weeks, it has already earned more than its previous top money-maker, Harry Potter and the Sorcerer's Stone, did throughout its entire run in 2001-2002. Nevertheless, the success has had virtually no effect on the stock of the studio's parent, Time Warner. The Hollywood Reporter observed Tuesday that Time Warner shares stood at $14.70 on July 18, the film's opening day. On Tuesday they were trading at $14.57. The trade paper commented, "It appears that one of the biggest movies of all time has done nothing for shareholders of the company that made the film, distributed it and will collect the bulk of its profits. And let's not forget that Tw also is parent of DC Comics, where Batman was born, so profits ought to be rolling into that unit off of Dark Knight as well." »
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