Film entertainment is big business in the United States. It is expected that the film entertainment business will generate 35.3 billion U.S. dollars in revenue by 2019. Among film studios, Buena Vista achieved the most in 2016 – it held the largest market share, approximately 26 percent, and generated the highest box office revenue, over three billion U.S. dollars. Warner Bros. accounted for nearly 17 percent of the total box office gross in North America, and 20th Century Fox held about 13 percent of the market share. Warner Bros, Universal and Miramax have all been awarded with the prize of “Best Picture” in the Academy Awards four times each.
In 2016, 733 movies were released in North America, with drama being the most common genre amongst movie releases in the region. Until now, the most successful movie franchise in the region was the Marvel Cinematic Universe, which generated over four billion U.S. dollars of box office revenue in North America alone. Movies like “Iron Man”, “Marvel’s The Avengers”, “Spider-Man”, “The Incredible Hulk” are a few examples of franchise films. “Star Wars: The Force Awakens” is the highest grossing 3D movie in North America, with lifetime gross of around 937 million U.S. dollars.
Jennifer Lawrence, star of “The Hunger Games” franchise, “Silver Linings Playbook” and many other movies, is the best-paid actress in the world. Other high-paid actresses include Melissa McCarthy, Scarlett Johansson, Fan Bingbing and Charlize Theron. In regards to actors, Mark Wahlberg leads the list of best-paid actors, followed by Dwayne "The Rock" Johnson, Vin Diesel, and Adam Sandler. With a total of four awards, Katharine Hepburn set the record for number of Oscars won by an actor.