Domestic Box Office Up 8% in 2009
Posted on December 2, 2009 in Filmmaking 360 | 1 Comment
Historically, the film business does well during recessions. 2009 appears to be right in line with history.
Through Sunday, B.O. revs were $9.48 billion, only $175 million short of the record (figures calculated using Jan. 2 as the start date). Last year for the same period, domestic ticket sales were $8.78 billion.
Admissions also are running ahead of 2008 levels by more than 3%.
There’s no doubt that domestic ticket sales will jump the $10 billion mark, a key milestone for the film biz, between holdovers and the 2009 releases still waiting to bow, including Warner Bros.’ “Invictus,” 20th Century Fox’s “Avatar,” Warners’ “Sherlock Holmes” and Fox’s “Alvin and the Chipmunks: The Squeakuel.”
— Variety.com| Read The Full Article
One Comment
3% increase in admissions, but 8% increase in revenue? Price hike, anyone?
Plus what with the increase in revenue year over year, the studios’ claim of not having money loses a bit of power, doesn’t it.