The highest grossing films in history

The Hobbit has raised more than a billion dollars in worldwide box office. Thus, Peter Jackson's film became the 15th member of a select club of films that have done the same.

In relation to this news, the president of Warner domestic distribution, Dan Fellman, said: "We could not be more proud to reach this mark. Together with our partners at MGM and New Line Cinema, Warner Bros all congratulate Peter Jackson, his team and the cast of The Hobbit by the surprising success of the film. "