Disney's Force Awakens Against Local Movie Theaters Eric Schwartzel
Hollywood alert as sales slip
Hollywood received a wake-up call courtesy of a new report showing the international box office edged lower in 2016 — a troubling reversal for an industry that has come to rely on overseas consumers as attendance in the US and Canada stagnates. The Motion Picture Association of America found the overseas box office declined slightly in 2016 to $US27.2 billion ($35.5bn), from $US27.3bn the year prior. In a reversal of previous years, slight growth in the total global box office came from the US, where attendance was flat but ticket prices rose.
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Hollywood alert as sales slip
Hollywood received a wake-up call courtesy of a new report showing the international box office edged lower in 2016 — a troubling reversal for an industry that has come to rely on overseas consumers as attendance in the US and Canada stagnates. The Motion Picture Association of America found the overseas box office declined slightly in 2016 to $US27.2 billion ($35.5bn), from $US27.3bn the year prior. In a reversal of previous years, slight growth in the total global box office came from the US, where attendance was flat but ticket prices rose.
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Disney's Force Awakens Against Local Movie Theaters Eric Schwartzel
Source: https://www.theaustralian.com.au/wakeup-call-for-hollywood-as-offshore-box-office-slips/news-story/22f450899d915d16d90cd968a82b9733
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