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"Transformers" breaks billion mark

Monday, August 04, 2014 - 01:25

Aug. 04 - The latest celebrity news including ''Transformers: Age of Extinction'' hits the $1 billion USD mark at the box office. John Russell report.

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Paramount's fourth installment of their Transformers franchise, "Transformers: Age of Extinction" is the first film this year to surpass the billion USD mark in global box office receipts. Made for more than 200 million with Mark Walhberg installed as the franchises new star, the film pits Optimus Prime, Bumblebee and other Autobots against new villains. It met industry projections for its opening weekend. The nearly three-hour movie garnered mostly poor reviews but ticket buyers apparently had the last say. For the recently completed weekend, it was all "Guardians of the Galaxy." The offbeat space adventure featuring extraterrestrial misfits and a talking raccoon, raked in 94 million in ticket sales this weekend, setting a record for an August film opening. The film's strong beginning, however, isn't likely to jump-start a lackluster summer box office season. Which besides a few bright spots has been rather dull. Oscar winner Sandra Bullock is Hollywood's highest paid actress with estimated earnings of 51 million over 12 months, Forbes magazine said on Monday. Bullock, 50, had a big hit last year with the space thriller film "Gravity," which won seven Academy Award and made more than 716 million worldwide. "Hunger Games" actress Jennifer Lawrence, 23, came in second for the second consecutive year with estimated earnings of 34 million, while Jennifer Aniston, 45, rounded out the top 3 with 31 million.

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"Transformers" breaks billion mark

Monday, August 04, 2014 - 01:25