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Hollywood cinema in the 21st century

Red carpet at 81st Academy Awards

Hollywood movies refer to the cinema of United States of America. The Hollywood film industry plays a significant role among global movie-making studios and is the third-largest film market in the world.[1]

In the 21st century, Hollywood films are sometimes referred to as "New Hollywood." Beginning in the 2000s, American movies gained a larger international audience and had a greater impact on total box office revenue. Science fiction, fantasy, and animated films have played a crucial role in shaping the global movie industry. Research indicates that, compared to the 20th century, the financial value of films has approximately doubled.[2]

International advertising has been a key factor in the expansion of "New Hollywood" compared to the previous century.[according to whom?] A significant portion of box office revenue now comes from overseas audiences.[3]

Academy Award for Best Picture

The Academy Awards are widely regarded as the most prestigious honors in American cinema. Among the Best Picture winners, the highest-grossing film is The Lord of the Rings: The Return of the King (2003), which earned $1.12 billion worldwide.[4]

List of Academy Award for Best Picture films of 21st century by Hollywood[5]
Film Year
Gladiator 2000
A Beautiful Mind 2001
Chicago 2002
The Lord of the Rings:

The Return of the King

2003
Million Dollar Baby 2004
Crash 2005
The Departed 2006
No Country For Old Men 2007
The Hurt Locker 2009
Argo 2012
12 Years a Slave 2013
Birdman 2014
Spotlight 2015
Moonlight 2016
The Shape of Water 2017
Green Book 2018
Parasite 2019
Nomadland 2020
CODA 2021
Everything Everywhere All At Once 2022
Oppenheimer 2023
Anora 2024

Adventure genre

The highest-grossing film of 21st century has been written and directed by James Cameron

Adventure films are among the most commercially successful genres in terms of box office revenue.[6] Since 2009, Avatar has been the highest-grossing film of all time, earning $2.9 billion at the global box office, with 73.1% of its revenue coming from international markets and 26.9% from domestic audiences.[7] The film, directed by James Cameron, was produced by Fox Filmed Entertainment. It had a production budget of $237 million and took 10 years to complete. Avatar won a total of 88 awards, including three Academy Awards for Best Achievement in Cinematography, Best Achievement in Visual Effects, and Best Achievement in Art Direction.

Star Wars: The Force Awakens, an adventure film, is the fifth-highest-grossing movie of all time. It is also the highest-grossing film in the Star Wars franchise, which was created by George Lucas and directed by J. J. Abrams. Released in 2015, The Force Awakens is the seventh episode in the Star Wars saga and the first installment of the sequel trilogy. The franchise is currently owned by LucasFilm, Ltd. and The Walt Disney Company. The film had a production budget of $253 million and grossed approximately $2 billion worldwide, with 45.3% of its revenue coming from domestic box offices and 53.7% from international markets. It won a total of 62 awards, including five Academy Award nominations.[8]

One of the most awarded film series in the adventure genre is J. R. R. Tolkien's The Lord of the Rings (film series). The trilogy received a total of 17 Academy Awards: four for The Lord of the Rings: The Fellowship of the Ring, two for The Lord of the Rings: The Two Towers, and 11 for The Lord of the Rings: The Return of the King. The trilogy had a production budget of $281 million and grossed approximately $2.9 billion worldwide at the box office.[9]

J. K. Rowling`s Wizarding World series is considered the third-highest-grossing film series in the adventure genre, with $8.537 billion in box office revenue (with Harry Potter and the Deathly Hallows – Part 2 being the highest-grossing film in the series). However, the series has never received an Academy Award.[10]

In recent years, animated feature films have become major box office successes, with several surpassing $1 billion worldwide.[11] The most successful animated film is Inside Out 2, produced by The Walt Disney Company, which grossed $1.698 billion globally.[3]

The other genres

Marvel Studios panelists at the 2016 San Diego Comic-Con

Action movies are the second-most-popular genre in North America in the current century.[6] The Marvel Cinematic Universe (MCU) holds a prominent place within this genre. A total of 35 films have been released, starting with Iron Man (2008 film) and continuing through Captain America: Brave New World.[12] The MCU has earned over $30 billion at the box office.[13]

Avengers: Endgame (2019) is the highest-grossing film in the Marvel Cinematic Universe (MCU) and the second-highest-grossing film of all time, surpassing Avengers: Infinity War. The film earned approximately $2.79 billion worldwide, with $858 million coming from domestic viewers and $1.94 billion from international markets.[14] Avengers: Endgame concluded the Infinity Saga, and it was widely praised for its emotional depth and visual effects.

Comedy is the fourth-highest-grossing genre of the current century.[6] In this genre, The Hangover Part II is considered the highest-grossing comedy film of the 21st century. The film had a production budget of $80 million and grossed $586.5 million worldwide.

The following genre is thriller. Inception (2010), directed by Christopher Nolan, is the most successful Hollywood thriller in terms of worldwide box office revenue, earning $832.4 million.[15] It also won four Academy Awards: Best Achievement in Cinematography, Best Achievement in Sound Mixing, Best Achievement in Sound Editing, and Best Achievement in Visual Effects.[16]

Overall, 57 films have grossed over $1 billion worldwide, with 54 of them produced in the 21st century by the cinema of the United States. Wizarding World films (produced by Warner Bros. Pictures) and Middle-earth films (produced by New Line Cinema and Warner Bros. Pictures) are considered British-American co-productions.

Highest-grossing movies by American Cinema[3]
All-time

International

Rank

Released in Movie Worldwide

Box Office

Domestic

Box Office

International

Box Office

1 2009 Avatar $2,923,710,708 $785,221,649 $2,138,489,059
2 2019 Avengers: Endgame $2,799,439,100 $858,373,000 $1,941,066,100
3 2022 Avatar: The Way of Water $2,320,250,281 $684,075,767 $1,636,174,514
5 2015 Star Wars Ep. VII: The Force Awakens $2,053,311,220 $936,662,225 $1,116,648,995
6 2018 Avengers: Infinity War $2,008,425,124 $678,815,482 $1,329,609,642
7 2021 Spider-Man: No Way Home $1,952,732,181 $814,866,759 $1,137,865,422
9 2024 Inside Out 2 $1,698,863,816 $652,980,194 $1,045,883,622
10 2015 Jurassic World $1,671,537,444 $653,406,625 $1,018,130,819
11 2019 The Lion King $1,662,020,819 $543,638,043 $1,118,382,776
12 2012 The Avengers $1,520,538,536 $623,357,910 $897,180,626
13 2015 Furious 7 $1,515,342,457 $353,007,020 $1,162,335,437
14 2022 Top Gun: Maverick $1,495,696,292 $718,732,821 $776,963,471
15 2019 Frozen II $1,453,683,476 $477,373,578 $976,309,898
16 2023 Barbie $1,447,038,421 $636,238,421 $810,800,000
17 2015 Avengers: Age of Ultron $1,405,018,048 $459,005,868 $946,012,180
18 2023 The Super Mario Bros. Movie $1,360,847,665 $574,934,330 $785,913,335
19 2017 Beauty and the Beast $1,356,081,801 $504,481,165 $851,600,636
20 2018 Black Panther $1,349,926,083 $700,426,566 $649,499,517
21 2011 Harry Potter and the Deathly Hallows: Part II (British-American) $1,342,499,744 $381,447,587 $961,052,157
22 2024 Deadpool & Wolverine $1,338,073,645 $636,745,858 $701,327,787
23 2017 Star Wars The Last Jedi $1,334,407,706 $620,181,382 $714,226,324
24 2018 Jurassic World: Fallen Kingdom $1,310,469,037 $417,719,760 $892,749,277
25 2013 Frozen $1,306,450,154 $400,953,009 $905,497,145
26 2013 Iron Man 3 $1,266,152,644 $409,013,994 $857,138,650
27 2018 Incredibles 2 $1,243,225,667 $608,581,744 $634,643,923
28 2017 The Fate of the Furious $1,236,009,236 $226,008,385 $1,010,000,851
29 2015 Minions $1,159,457,503 $336,045,770 $823,411,733
30 2016 Captain America: Civil War $1,155,046,416 $408,084,349 $746,962,067
31 2018 Aquaman $1,152,028,393 $335,104,314 $816,924,079
32 2003 The Lord of the Rings: The Return of the King (British-American) $1,138,283,522 $381,878,219 $756,405,303
33 2019 Spider-Man: Far from Home $1,132,705,055 $391,283,774 $741,421,281
34 2019 Captain Marvel $1,131,416,446 $426,829,839 $704,586,607
35 2011 Transformers: Dark of the Moon $1,123,794,079 $352,390,543 $771,403,536
36 2012 The Dark Knight Rises $1,114,976,407 $448,149,584 $666,826,823
37 2012 Skyfall $1,108,594,137 $304,360,277 $804,233,860
38 2014 Transformers: Age of Extinction $1,104,039,076 $245,439,076 $858,600,000
40 2019 Aladdin $1,097,831,681 $355,559,216 $742,272,465
41 2019 Joker $1,078,958,629 $335,477,657 $743,480,972
42 2019 Star Wars: Episode IX - The Rise of Skywalker $1,077,022,372 $515,202,542 $561,819,830
43 2019 Toy Story 4 $1,073,841,394 $434,038,008 $639,803,386
44 2010 Toy Story 3 $1,067,316,101 $415,004,880 $652,311,221
45 2006 Pirates of the Caribbean: Dead Man's Chest $1,066,179,747 $423,315,812 $642,863,935
46 2024 Moana 2 $1,059,209,985 $460,351,407 $598,858,578
47 2016 Rogue One: A Star Wars Story $1,058,684,742 $533,539,991 $525,144,751
48 2011 Pirates of the Caribbean: On Stranger Tides $1,046,721,266 $241,071,802 $805,649,464
50 2017 Despicable Me 3 $1,034,800,131 $264,624,300 $770,175,831
51 2016 Finding Dory $1,021,350,883 $486,295,561 $535,055,322
52 2001 Harry Potter and the Sorcerer's Stone (British-American) $1,026,428,854 $318,886,962 $707,541,892
53 2016 Zootopia $1,025,521,689 $341,268,248 $684,253,441
54 2010 Alice in Wonderland $1,025,468,216 $334,191,110 $691,277,106
55 2012 The Hobbit: An Unexpected Journey (British-American) $1,017,107,150 $303,030,651 $714,076,499
56 2008 The Dark Knight $1,001,620,618 $533,345,358 $468,275,260
57 2022 Jurassic World: Dominion $1,001,978,080 $376,851,080 $625,127,000

References

  1. ^ "Topic: Movie Industry". www.statista.com. Retrieved 2018-11-29.
  2. ^ "The changing role of Hollywood in the global movie market - Journalist's Resource". Journalist's Resource. 2013-01-10. Retrieved 2018-10-15.
  3. ^ a b c "Top Lifetime Grosses". Box Office Mojo. Retrieved 2025-03-25.
  4. ^ "The Lord of the Rings: The Return of the King (2003) - Box Office Mojo". www.boxofficemojo.com. Retrieved 2018-11-26.
  5. ^ Lang, Scott Shilstone,Robert (2024-03-03). "Oscars: Every Best Picture Winner Back To The Beginning In 1929". Deadline. Retrieved 2025-03-25.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. ^ a b c "Movie genres by box office revenue in North America 2018 | Statistic". Statista. Retrieved 2018-11-26.
  7. ^ "The 10 highest-grossing movies of all time, including 'Avengers: Infinity War'". Business Insider. Retrieved 2018-10-23.
  8. ^ "Star Wars: The Force Awakens (2015) - Box Office Mojo". www.boxofficemojo.com. Retrieved 2018-10-23.
  9. ^ Waxman, Sharon (March 2004). "'Lord of the Rings' Dominates the Oscars; Final Film of Trilogy Sweeps 11 Categories; Sean Penn and Charlize Theron Get Top Acting Awards". The New York Times. Retrieved 2018-10-23.
  10. ^ "The 23 most successful movie franchises of all time". Business Insider. Retrieved 2018-10-23.
  11. ^ "All Time Worldwide Animated Box Office". The Numbers. Retrieved 2018-11-26.
  12. ^ "Marvel Movies | Marvel Cinematic Universe (MCU) | Marvel Studios Films". www.marvel.com. Retrieved 2025-03-25.
  13. ^ Rubin, Rebecca (2024-07-28). "With 'Deadpool & Wolverine,' the Marvel Cinematic Universe Becomes First Film Franchise to Cross $30 Billion at Global Box Office". Variety. Retrieved 2025-03-25.
  14. ^ "Marvel Cinematic Universe Movies at the Box Office - Box Office Mojo". www.boxofficemojo.com. Retrieved 2018-11-01.
  15. ^ "Inception (2010) - Financial Information". The Numbers. Retrieved 2018-11-26.
  16. ^ Inception, retrieved 2018-11-26
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