June 23, 2008 / 10:59 PM / in 9 years

Paramount domestic box office passes $1 billion

LOS ANGELES (Reuters) - Paramount Pictures said on Monday it had topped $1 billion in sales at U.S. and Canadian box offices, boosted by hit films “Iron Man” and the latest “Indiana Jones” saga, and become the first studio to pass that benchmark.

<p>An entrance at Paramount Pictures studios is seen in the Hollywood portion of Los Angeles, California, November 4, 2007. REUTERS/Danny Moloshok</p>

Last week, the film studio, which is owned by Viacom Inc, surpassed the $1 billion mark in international ticket sales.

“Iron Man” has now grossed $305 million domestically (U.S. and Canada) for Paramount, while director Steven Spielberg’s “Indiana Jones and the Kingdom of the Crystal Skull” pulled in $291 million.

Animated movie “Kung Fu Panda,” which was produced by DreamWorks Animation SKG Inc and distributed in domestic markets by Paramount Pictures has made $156 million.

Reporting by Alex Dobuzinskis; Editing by Bob Tourtellotte and Andre Grenon

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