Transformers: Age Of Extinction Hits $1 Billion Mark

The film has yet to bow in Spain and Japan (Aug. 8) and Venezuela (Aug. 22), meaning its global run is far from over.

Transformers: Age Of Extinction is now above a billion US Dollars earning on the US box office, with a worldwide cumulative of $1.005bn making it the first film of 2014 to hit the milestone and the second film in the Transformers franchise to cross the billion dollar mark.

Apparently, the first was Transformers: Dark Of The Moon in 2011 which became the highest-grossing film ever in China last month with over $300M. Meanwhile, the third series has yet to bow in Spain and Japan (Aug. 8) and Venezuela (Aug. 22), meaning its global run is far from over.

Paramount Chairman  and CEO, Brad Grey stated that, "Time and again, Michael Bay has delivered pictures that audiences around the globe truly love," he said.

"Along with the immensely talented and versatile Mark Wahlberg, 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 billon at the box office – proves once again that Michael is a world-class filmmaker at the top of his game. We are proud to have expanded our relationship with him and that he will continue to make Paramount his home for years to come."