home arrow SOFLO LIVE arrow Chinese and superfans boost global movie revenue

AP ShowBiz Video



Login Form






Lost Password?
No account yet? Register
DIGITAL EDITION
Chinese and superfans boost global movie revenue PDF Print E-mail
Written by Associated Press   
Wednesday, 03 April 2013

movie_tickets.jpgLOS ANGELES (AP) — Global movie ticket sales rose 6 percent in 2012 to a record $34.7 billion thanks to the growing popularity of movies in Asia and higher attendance by diehard fans in the U.S. and Canada.

 

According to the Motion Picture Association of America, China overtook
Japan as the biggest market outside the U.S. and Canada combined, with sales there growing 36 percent to $2.7 billion.
As a whole, the Asian box office grew 15 percent to $10.4 billion, while in Europe, Middle East and Africa, ticket sales fell 1 percent to $10.7 billion. Latin American
revenue rose 6 percent to $2.8 billion.
In the U.S. and Canada, sales rose 6 percent to $10.8 billion, driven higher primarily by moviegoers who attend once a month or more.
Those super fans represent only 13 percent of the population but bought 57 percent of all movie tickets, an increase of 7 percentage points from a year ago. Super fans grew as a share of the population by 2 percentage points.
About two-thirds of people in the U.S. and Canada saw a movie at least once last year.
And even as the number of 3-D movie screens grew, enthusiasm for the format appeared to plateau. There were 9 percent more 3-D screens in the U.S. and Canada, but revenue from 3-D showings was flat at $1.8 billion. Globally, the number of 3-D screens rose 27 percent to 45,500.
The lackluster 3-D result was partly due to the six major studios that make up the MPAA releasing fewer movies in the format. Those studios — Sony, Universal, 20th Century Fox, Disney, Paramount and Warner Bros. — released 36 3-D movies in 2012, down from a peak of 45 in 2011.
Attendance for 3-D movies peaks among teenagers but declines rapidly as people get older, MPAA data showed.

Comments (0)Add Comment

Write comment
This content has been locked. You can no longer post any comments.

busy
Last Updated ( Wednesday, 03 April 2013 )
 
< Prev   Next >
 
Bill creates unfunded mandate, Islamic group saysBill creates unfunded mandate, Islamic group says
TALLAHASSEE, Fla. (AP) - A Muslim activist group says a bill that would require the state's school districts to rev...
Read more...
‘Rio 2’ dazzling but overloaded ‘Rio 2’ dazzling but overloaded
A vivid and delightful animated spectacle, Rio 2 is chock-full of colorful 3-D wonder and jubilant musical numbers set ...
Read more...
FTC:  Jerk.com Scammed ConsumersFTC: Jerk.com Scammed Consumers
WASHINGTON (AP) — The Federal Trade Commission says the operators of a website called Jerk.com are the ones behaving badl...
Read more...
Google Glass, good for cooking, needs InternetGoogle Glass, good for cooking, needs Internet
NEW YORK — Google Glass is like a fickle friend. Surprises await, such as the time it took a photo of my ceiling while...
Read more...

The most influential African American weekly newspaper in South Florida

Beatty Media LLC