This Is the Biggest Box Office Hit of the 1980s

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By Douglas A. McIntyre Updated Published
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This Is the Biggest Box Office Hit of the 1980s

© Courtesy of Universal Pictures

Big hair, synthesizer-heavy music, pastel clothes, Reaganomics and the fall of the Iron Curtain. What a mashup the 1980s were. For a peek at how popular culture reflected the styles and events of the era, consider the biggest box office hits of that decade.

After the rise of independent filmmaking and the so-called New Hollywood in the 1960s and ‘70s, blockbusters were the big story of the ‘80s. Action flicks pulled in big bucks as major franchises grabbed hold of audiences and began to forge strong, emotional connections with the public. Science fiction proved to be lucrative for movie producers, as moviegoers were drawn to the escapism of the Star Wars films and other fantasies.

To identify the biggest box office hit of the 1980s, 24/7 Tempo reviewed box office data from The Numbers, an online movie database owned by consulting firm Nash Information Services, as updated in April 2021. Rankings for box office success were out of 4,230 movies for which data was available. The actors and directors for each movie come from Internet Movie Database, an online movie database owned by Amazon.

Some comedies did well in the era (“Coming to America,” “Honey, I Shrunk the Kids”), as did some distinctly different views of the Vietnam War (“Platoon,” “Good Morning, Vietnam”). As a harbinger of things to come, a couple of comic book characters began to make successful crossovers to the movies.
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Interestingly, from an economic perspective, only the top three movies on this list earned receipts (not adjusted for inflation) that would have put them on a par with the biggest box office hits since 2000.

“E.T. the Extra-Terrestrial,” released in 1982, was the biggest box office hit of the 1980s. Here are details:

  • Domestic box office was $435.1 million.
  • Out of all movies in database, its box office rank was number 28.
  • It starred Henry Thomas, Drew Barrymore, Peter Coyote and Dee Wallace.
  • Steven Spielberg directed the film.

Click here to see all the biggest box office hits of the 1980s.
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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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