... Paddington is the highest grossing non-Hollywood family film ever, in fact. Having passed $200m since the weekend, it has kept Penguins of Madagascar ($333.9m) and the third Night at the Museum ($314.5m) in its sights.
That is still a way short of The Smurfs’ $421.1m figure – the No 1 film in the hybrid bracket – but Paddington has easily cleared the profit hurdle for StudioCanal, whose $55m outlay on the film was the biggest in their history. ...
They've made four times their costs, so yes, they have nudged into profits.
Depends on what qualifies as a Hollywood/non-Hollywood movie is. Occasionally it's hard to tell the difference.
Of course, StudioCanal did the smart thing. The prudent thing. They worked to make a quality film on a reasonable budget. And (apparently) succeeded. It's simple math, in the end. The more reasonable your expenses, the more chance you have of making your money back with profit when your movie finishes playing in all the normal places*.
* Movie theaters, broadcast tv, cable tv, Netflix, etc.