*NEW* BOX OFFICE: “THE HOBBIT: AN UNEXPECTED JOURNEY” Passes 500 MILLION DOLLARS – #TheHobbit

It seems Peter Jackson’s new epic is making the dough. Let’s go 1 BILLION! Read the press release after the jump.

BURBANK, CA, December 27, 2012 – The Hobbit: An Unexpected Journey has surpassed the $500 million benchmark at the worldwide box office. To date, the blockbuster has earned an estimated $179.7 million domestically. In addition, on the heels of its record-breaking release in Australia — the biggest Boxing Day opening of all time — The Hobbit: An Unexpected Journey has grossed an estimated $344 million internationally, for a staggering global total of $523.7 million, and still steadily climbing. The joint announcement was made today by Toby Emmerich, President and Chief Operating Officer, New Line Cinema; Gary Barber, Chairman and Chief Executive Officer, Metro-Goldwyn-Mayer Studios; Dan Fellman, President of Domestic Distribution, Warner Bros. Pictures; and Veronika Kwan Vandenberg, President of International Distribution, Warner Bros. Pictures. Aa production of New Line Cinema and Metro-Goldwyn-Mayer (MGM) Pictures, it’s the acclaimed first film in Oscar®-winning filmmaker Peter Jackson’s epic The Hobbit Trilogy, based on the timeless novel by J.R.R. Tolkien.

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