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Box Office Resilient Through Tough Times
According to SNL Kagan’s recent study, "Economics of Motion Pictures," box office numbers reached an all-time high in 2007, making a record $9.67 billion despite the economic downturn. The previous record was set in 2002 at $9.29 billion.
The study, which included all films shown on 1,000 or more screens from 2003 to 2007, found that the most expensive films posted the largest revenues and average net profit. Statistics were broken down by budget range and genre, encompassing animated, sci-fi/fantasy, family, action, drama, comedy, romance, horror and thriller films.
Posted 10.7.08 | News/Commentary | No comments yet...
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