Oscarnomics The film world's best and worst financial performances of 2007.

By Sophia Banay

For the studios, it's the race that really matters. No, not who will take home statuettes for Best Director or Best Picture, but which of the year's films scored financially. Overall, it wasn't a pretty picture. Ticket sales barely inched up, and the writers strike dampened the mood, even threatening to dim the glitter of the Academy Awards. Meanwhile, though, box office receipts rose 6 percent to $9 billion, largely because of three megahits: Spider-Man 3, Shrek the Third, and Transformers. Their combined take came to $976.5 million, more than 10 percent of total ticket sales for the year.

Visit Portfolio.com for the latest business news and opinion, executive profiles and careers. Portfolio.com© 2007 Condé Nast Inc. All rights reserved.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Living

Join Costco's Gold Star Membership Today and Receive a $45 Costco Shop Card by Email

Don't miss your chance to get a one-year Costco Gold Star Membership while it includes $45 you can spend online or in-store

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Side Hustle

'Hustling Since Middle School': She Started a Side Hustle on Facebook Marketplace — Then a 'Game-Changer' Grew It to $25,000 a Month

Leena Pettigrew's "entrepreneurial spirit" inspired her to build a business with earnings that outpaced her full-time income.

Operations & Logistics

How to Master Peak Season Sales — and Demand — With These Warehouse Tips

In today's unpredictable retail world, the ability to handle atypical peak seasons effectively is a critical differentiator. Here's how you can streamline and optimize your warehouse operations.