Box Office Report: Weinstein Co. Beats Most Major Studios in 1st Quarter

3:54 PM PDT 4/2/2013 by Pamela McClintock

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THE WEINSTEIN COMPANY

"Silver Linings Playbook"

Universal is No. 1 with $306.5 million in domestic box office revenue, followed by Harvey and Bob Weinstein's outfit with $282.4 million.

After only three months, The Weinstein Co. is already on the verge of enjoying its best year ever at the domestic box office.

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Harvey and Bob Weinstein's venture ended the first quarter No. 2 in marketshare behind Universal -- a rare feat for an indie company -- with $282.4 million in revenue. That's up nearly 274 percent from the first quarter of 2012 ($75.6 million) thanks in large part to box office hits Django Unchained and Silver Linings Playbook.

Silver Linings, launching in a limited run on Nov. 16 before expanding nationwide at the end of the year, has taken in a total of $128.8 million domestically, including $100.3 million since Jan. 1. Django has grossed $162.4 million since its Dec. 25 release, with $93.7 million earned since Jan. 1.

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TWC's revenue for the quarter have already eclipsed total revenue for 2012 ($258.2 million), and is only $13.7 million shy of the $296.1 million generated in 2011, the company's best year to date.

Universal topped the marketshare chart in the first quarter with $306.5 million in revenue, fueled by strong performances from Identity Thief, Les Miserables and Mama.

However, Universal was still down year-to-year in terms of revenue -- as was every studio save for Disney -- reflecting the overall decline at the box office office, where revenue is running 13 percent behind the first three months of 2012.

Marketshare doesn't paint a clear picture of a company's health, however, since it has no correlation to profitability.

Disney, bolstered by Oz the Great and Powerful, was No. 3 in domestic marketshare ($273.7 million), followed by Warner Bros. ($262.4 million), 20th Century Fox ($256.9 million), Lionsgate ($202.6 million), Paramount ($174.3 million), Sony ($152 million), Relativity ($103.6 million) and FilmDistrict ($85 million).