History at the Box Office: Why Movies are Making More Money than Ever

Posted on August 11, 2011 in Filmmaking 360 | No Comments

Only ten films have grossed over $1 billion and six of those were released in 2010 and 2011. How is it that movies are making more money than ever?

…It seems curious that films should be making more money than ever, especially given that the U.S. and Europe are both dealing with sovereign debt crises and recovering from recessions. And in fact, one sees a very different picture when taking into account the price of movie tickets, which climbed to a new high during the second fiscal quarter of 2011, reaching an average of $8.06. That’s an increase of 2.15% over last year’s average of $7.89. At an average of $8.06 a ticket, a film would have to sell roughly 124 million tickets worldwide to reach the billion-dollar mark.

— Wall St. Cheat Sheet.com | Read The Full Article