Lionsgate Predicts ‘Catching Fire’ Will Earn $400 Million in Foreign Markets

In a call with financial analysts on Thursday, Lionsgate CEO Jon Feltheimer discussed the success of The Hunger Games franchise thus far, as well as predictions for Catching Fire.

Feltheimer said production will begin in September on “The Hunger Games: Catching Fire,” the second film in the franchise based on author Suzanne Collins’ trilogy. He noted that Lionsgate racked up $170 million in international sales at Cannes, where it began selling foreign markets for “Catching Fire,” which will open on Nov. 22, 2013.

Patrick Wachsberger, the co-chair of Lionsgate Motion Picture Group, told analysts that “Catching Fire” had done “extremely well” in Cannes. “We got the best deals,” he added.

The former Summit chief also predicted “Catching Fire” will reach $400 million in foreign B.O., based partly on the performance of the second “Twilight,” which outgrossed the first in foreign markets by 50% (the first grossed $192 million overseas and the second took in $296 million).

“Hunger Games” has grossed nearly $400 million domestically and $250 million internationally, with China opening next month.

Lionsgate also noted that they’ve established themselves as the “No. 1 studio in young adult franchises,” with The Twilight Saga, The Hunger Games franchise, DivergentEnder’s Game, and others. You can read the full article at Variety.


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