Box Office China's Potential
Great article talking about why there have been so many horrible movies recently. The comments are worth a read.
Box Office Meltdown: Hollywood Races to Win Back Summer Crowds - Variety
Key Points:
Box Office Meltdown: Hollywood Races to Win Back Summer Crowds - Variety
Key Points:
- I did not realize the Hollywood studios only get 50% of what they usually get in the US. In the US they get 50% of the gross. Theaters in the US make their money from concessions.
- China's Box Office in 2017 should be larger than the US Box Office.
- Disney had 4 of the 5 highest grossing films for 2016.
- Disney has 31% domestic market share.
- Five films were responsible for 25% of domestic sales.
- Increasing ticket prices have disguised falling theater attendance.
Labels: china economy, movies
posted by Unknown at
7:21 PM
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