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News: General

US Summer Box Office Tracking Lowest in Over a Decade

Tuesday, August 29, 2017   (0 Comments)
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From Variety:

The summer box office is, indeed, in dire shape.

As the movie business heads into the final stretch of summertime, 2017 could be the first year in over a decade that the season’s domestic box office does not earn more than $4 billion, according to projections provided by comScore.

And chances are that mark will be missed by quite a bit. Current projections put the summer (which, on the theatrical calendar starts with the first Friday in May and ends on Labor Day Monday) at $3.78 billion. The last time numbers dipped so low was in 2006 when the summer earned $3.74 billion which, at the time, was a 6% increase from the year prior...

As sour as domestic ticket sales have been, international and global box office sales are both pacing higher than last year — the year to date through Aug. 27 is up 2.8% internationally and 0.2% worldwide.

- Read the full article at Variety.com


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