According to The Hollywood Reporter it looks like Hollywood will score a record summer at the worldwide box office.
Between 6 May and Labor Day (5 September) 2011, the US box office recorded domestic revenues of between $4.39bn and $4.4bn, 4% higher than 2010 and 1% higher than the previous record year, 2009.
Internationally revenues are expected to reach $8.2bn for summer 2011, a 41% increase over 2010. This is largely ascribed to the power of emerging markets like China, Russia and Brazil, as well as the success of three summer tent pole films – Harry Potter and the Deathly Hallows Part 2, Transformers: Dark of the Moon and Pirates of the Caribbean: On Stranger Tides – each of which earned more than $1bn at the worldwide box office.
(Source: The Hollywood Reporter)
