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'Transformers: Age of Extinction' Is First 2014 Movie to Earn $1 Billion

August 4, 2014 (6:35 am) GMT
The fourth movie in the film franchise followed the footsteps of 'Transformers: Dark of the Moon' that passed the huge mark in 2009.
'Transformers: Age of Extinction' Is First 2014 Movie to Earn $1 Billion

"" showed its box office dominance by reaching a huge milestone. The Michael Bay movie became the first film of 2014 to pass the $1 billion mark at the global box office.

The fourth installment in the franchise, "Age of Extinction" actually is the second picture to hit the mark after 2011's "". The latest "" film owes it to China where it became the top-grossing title of all time with more than $300 million in ticket sales. Large parts of the movie were shot in China.

"Time and again, Michael has delivered pictures that audiences around the globe truly love," said Paramount chairman and CEO Brad Grey in a statement. "Along with the immensely talented and versatile , the great Steven Spielberg as executive producer, and a superb cast, he created a powerful re-launch of this franchise. This tremendous accomplishment - to be the first film of 2014 to earn over $1 billion at the box office - proves once again that Michael is a world-class filmmaker at the top of his game."

Paramount has signed a three-year deal with Bay and his production company Platinum Dunes. In total, "Age of Extinction" earns $763.8 million internationally and $241.2 million at the domestic box office.

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