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Hollywood cinema in 21st century

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Red carpet at 81st Academy Awards

Hollywood movies refers to the cinema of United States of America. The Hollywood cinema industry plays an important role among the world movie making studios. It is the third largest film market in the world.[1] Hollywood movies in the 21st century are sometimes called "New Hollywood". Starting from the 2000s, American movies began to earn more fans and contributed to the box office. Science fiction, fantasy films, and animated movies have been globally impacting the movie industry. Research shows that compared to 20th century, the value of the movies approximately doubled.[2] International advertising had a crucial role in making "New Hollywood" bigger, compared to 20th century.[according to whom?] Most of the movies` box office numbers are increased by overseas viewers.[according to whom?]

Academy Award for Best Picture

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The Academy Awards, commonly known as the Oscars, is widely regarded as the most prestigious accolade in American cinema. Since the beginning of the 21st century, as of 2018, the Academy has awarded the Best Picture title to 17 drama films and one musical, Chicago (2002), which also incorporates elements of crime.[3] Among the Best Picture winners, The Lord of the Rings: The Return of the King (2003) stands as the highest-grossing, earning $1.12 billion globally.[4]

List of Academy Award for Best Picture films of 21st century by Hollywood[3]
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
Slumdog Millionaire 2008
The Hurt Locker 2009
The King's Speech 2010
The Artist 2011
Argo 2012
12 Years 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

Adventure genre

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

Adventure films rank as the top-grossing genre globally.[5] Avatar (2009), directed by James Cameron and produced by Fox Filmed Entertainment, remains the highest-grossing film of all time with $2.8 billion in box-office revenue. Of this total, 72.7% comes from international markets, and 27.3% is domestic.[6] The film had a production budget of $237 million and took 10 years to complete. Avatar won 88 awards, including three Academy Awards for Best Cinematography, Best Production Design and Best Visual Effects.

In second place is Star Wars: The Force Awakens (2015), the seventh episode in the Star Wars saga and the first of the final trilogy. Directed by J. J. Abrams, it became the highest-grossing film in the Star Wars franchise, with approximately $2 billion in global revenue. Of this, 45.3% came from domestic markets, and 53.7% was international.[7] The film had a production budget of $253 million and won 62 awards, including five Academy Award nominations.

The Lord of the Rings film series, based on J. R. R. Tolkien's novels, has also made a significant impact, particularly at the Academy Awards. The trilogy earned 17 Oscars in total: four for The Fellowship of the Ring (2001), two for The Two Towers (2002), and 11 for The Return of the King (2003), with the latter setting a record for the most Academy Award wins by a single film. The total production budget for the series was $281 million, and the films collectively grossed around $2.9 billion.[8]

The Wizarding World franchise, based on J. K. Rowling's Harry Potter series, ranks third in global earnings, generating $8.537 billion, with Harry Potter and the Deathly Hallows – Part 2 (2011) being the highest-grossing entry. However, despite numerous nominations, the series failed to win any Academy Awards.[9]

Animated films also play a vital role in Hollywood's box-office success, with 12 animated films surpassing $1 billion in global revenue as of 2024.[10] The most successful is Inside Out 2 (2024) by Pixar Animation Studios, which grossed $1,682 billion worldwide.

The other genres

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Marvel Studios panelists at the 2016 San Diego Comic-Con

Action films are the second most popular genre in North America in the current century.[5] The Marvel Cinematic Universe (MCU) has played a major role in the success of this genre. A total of 34 films have been released in the MCU, starting with Iron Man (2008) and continuing through Deadpool & Wolverine (2024), grossing a total of $31.135 billion worldwide. The highest-grossing film in this franchise is Avengers: Endgame (2019), the fourht film in the series, which earned $2.797 billion worldwide.

Comedy ranks as the fourth top-grossing genre of the century.[5] In this category, Barbie (2023) is considered the highest-grossing comedy film of the 21st century, with a production budget of $128–145 million and worldwide box office earnings of $1.446 billion.

In the thriller genre, Inception (2010), directed by Christopher Nolan, stands out as the most successful film in terms of worldwide box office revenue, grossing $832.4 million,[11] and Academy Awards recognition, winning four Oscars: Best Cinematography, Best Sound Editing, Best Sound Mixing and Best Visual Effects.[12]

In total, 55 films have surpassed the $1 billion mark globally, with 49 of them being produced in the 21st century by the U.S. film industry. The Wizarding World (Warner Bros. Pictures) and Middle-earth films (New Line Cinema and Warner Bros. Pictures) are considered British-American co-productions.

Highest-grossing movies by American Cinema[13]
All-time

International

Rank

Released in Movie Worldwide

Box Office

Domestic

Box Office

International

Box Office

1 2009 Avatar $2,776,345,279 $760,507,625 $2,015,837,654
3 2015 Star Wars Ep. VII: The Force Awakens $2,053,311,220 $936,662,225 $1,116,648,995
4 2018 Avengers: Infinity War $2,008,425,124 $678,815,482 $1,329,609,642
5 2015 Jurassic World $1,648,893,208 $652,270,625 $996,622,583
6 Furious 7 $1,518,722,794 $353,007,020 $1,165,715,774
7 2012 The Avengers $1,517,935,897 $623,279,547 $894,656,350
8 2015 Avengers: Age of Ultron $1,403,013,963 $459,005,868 $944,008,095
9 2018 Black Panther $1,347,071,259 $700,059,566 $647,011,693
10 2011 Harry Potter and the Deathly Hallows: Part II (British-American) $1,341,511,219 $381,011,219 $960,500,000
11 2017 Star Wars The Last Jedi $1,316,764,784 $620,181,382 $696,583,402
12 2018 Jurassic World: Fallen Kingdom $1,304,866,322 $416,769,345 $888,096,977
13 2013 Frozen $1,272,469,910 $400,738,009 $871,731,901
14 2017 Beauty and the Beast $1,259,199,706 $504,014,165 $755,185,541
15 2018 Incredibles 2 $1,238,502,902 $608,508,728 $629,994,174
16 2017 The Fate of the Furious $1,234,908,020 $225,764,765 $1,009,143,255
17 2013 Iron Man 3 $1,215,392,272 $408,992,272 $806,400,000
18 2015 Minions $1,160,336,173 $336,045,770 $824,290,403
19 2003 The Lord of the Rings: The Return of the King (British-American) $1,141,403,341 $377,845,905 $763,557,436
20 2016 Captain America: Civil War $1,140,871,507 $408,084,349 $732,787,158
21 2011 Transformers: Dark of the Moon $1,123,790,543 $352,390,543 $771,400,000
23 2014 Transformers: Age of Extinction $1,104,039,076 $245,439,076 $858,600,000
24 2012 The Dark Knight Rises $1,084,439,099 $448,139,099 $636,300,000
25 2010 Toy Story 3 $1,069,666,004 $415,004,880 $654,661,124
26 2006 Pirates of the Caribbean: Dead Man's Chest $1,066,215,812 $423,315,812 $642,900,000
27 2016 Rogue One: A Star Wars Story $1,049,175,577 $532,177,324 $516,998,253
28 2011 Pirates of the Caribbean: On Stranger Tides $1,045,663,875 $241,063,875 $804,600,000
30 2017 Despicable Me 3 $1,034,748,190 $264,624,300 $770,123,890
32 2010 Alice in Wonderland $1,025,491,110 $334,191,110 $691,300,000
33 2016 Finding Dory $1,021,350,883 $486,295,561 $535,055,322
34 Zootopia $1,019,704,348 $341,268,248 $678,436,100
35 2012 The Hobbit: An Unexpected Journey (British-American) $1,017,003,568 $303,003,568 $714,000,000
36 2008 The Dark Knight $1,001,620,618 $533,345,358 $468,275,260

References

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  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 Gray, Tim (2017-01-18). "Every Oscar Best Picture Winner". Variety. Retrieved 2018-11-26.
  4. ^ "The Lord of the Rings: The Return of the King (2003) - Box Office Mojo". www.boxofficemojo.com. Retrieved 2018-11-26.
  5. ^ a b c "Movie genres by box office revenue in North America 2018 | Statistic". Statista. Retrieved 2018-11-26.
  6. ^ "The 10 highest-grossing movies of all time, including 'Avengers: Infinity War'". Business Insider. Retrieved 2018-10-23.
  7. ^ "Star Wars: The Force Awakens (2015) - Box Office Mojo". www.boxofficemojo.com. Retrieved 2018-10-23.
  8. ^ 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.
  9. ^ "The 23 most successful movie franchises of all time". Business Insider. Retrieved 2018-10-23.
  10. ^ "All Time Worldwide Animated Box Office". The Numbers. Retrieved 2018-11-26.
  11. ^ "Inception (2010) - Financial Information". The Numbers. Retrieved 2018-11-26.
  12. ^ Inception, retrieved 2018-11-26
  13. ^ "All Time Worldwide Box Office". The Numbers. Retrieved 2018-11-27.