Thursday, August 26, 2010

Vampires are a $7 billion business in Hollywood!

MTV is reporting that according to a report done by The Hollywood Reporter the vampire phenomenon has generated over $7 billion since "Twilight" first hit theaters in 2008. That is in less than two years! Where has this all come from? Well MTV broke it down;


Just last weekend, "Vampires Suck" made $20 million at the box office. "The Twilight Saga" has cumulatively made more than $2 billion in a combination of movie theater and home video receipts. While other non-romantic vampire films ("Underworld: Rise of the Lycans," "Daybreakers") haven't done as well in theaters, the upcoming "Let Me In" and "Priest," plus the two parts of "Breaking Dawn," are sure to bring in a few billion over the next few years. Add that to the many vampire films in production ("The Historian," "Vamps," "The Passage" and a new "Underworld") and you've got many more dollars to be made.


"True Blood" and "Vampire Diaries." "True Blood" is HBO's biggest hit ever — surpassing even "The Sopranos" — and "Vampire Diaries," though only coming into its second season, has the legs to carry it much farther. THR estimates that if they both complete five seasons on television, "True Blood" will make $50-$75 million and "Vampire Diaries" will make $100-$125 million, plus over $200 million combined from their home video sales so far.


The one who started it all is the indisputable vampire queen Anne Rice, who kick started the vampire novel craze back in 1976 (some quick stats: before she released "Interview with a Vampire," only 1,000 vamp-themed novels were released ever, but since there have been over 41,000). Of course, the more recent heir to the throne is Stephenie Meyer, who has sold over 100 million copies of her "Twilight" novels. Add that to Charlaine Harris, L.J. Smith, P.C. and Kristin Cast, Alyson Noel and Richelle Mead and all the other vampire novel authors' total sales, and you have a $1.6 billion industry. And, we can't emphasize this enough, but there are only more coming.


The "Twilight" soundtracks are on the bestseller lists every time they are released (and sometimes before) and have sold about 5 million copies, which equals about $50 million. None of the other big franchises have jumped on this bandwagon, but we're sure they will. And unfortunately we don't count Vampire Weekend as a vampire-themed band.


"Twilight" alone has made over $500 million, and HBO's new "True Blood" merchandise and Tru Blood drink are expected to do well also. Plus, with Halloween coming up, the sale of vampire-themed costumes is as high as $100 million. Then there's the money made from all the porn parodies, which no one seems to want to calculate.

Read their full article HERE.

Do you think the vampire phenomenen still has legs? Will you still be interested after 'Twilight' finishes?

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