Digital Video Forums  

Go Back   Digital Video Forums > General > Latest News

LinkBack Thread Tools Search this Thread Rate Thread Display Modes
Old 7 Apr 2018, 03:54 PM   #1
admin's Avatar
Join Date: Nov 2001
Posts: 8,558
Default MPAA: Global Box Office Sets New Record, Subscription Streaming Surges

The MPAA has released their annual report on the state of the movie industry, and globally, it has never been healthier.

Global box office takings reached $40.6 billion, up 5% from 2016, with the Asia/Pacific region once again the world's largest box office. Chinese box office receipts increased by 6%.

U.S. and Canadian ("domestic") box office takings actually decreased by 2% to $11.1 billion, or in other words, down $300 million. Most of this can be put down to the release slate in 2017 being less popular than that of 2016, but the figure was still the second highest in history (2016 being the record year, and 2017's results matched that of 2015's).

The top grossing movie of the year domestically was 'Star Wars: The Last Jedi', with box office takings of more than half a billion dollars. The second most popular release, 'Beauty and the Beast', also belonged to Disney and also went past the half a billion dollar mark. Warner Bros' 'Wonder Woman' was third.

On DVD and Blu-ray, Disney was once again on top, with 'Moana' being the year's best selling title, followed by 'Rogue One: A Star Wars Story'. 'Wonder Woman' was once again third.

But the physical media business was in overall decline, with takings down 15% compared to just a year ago, and a massive 41% compared to 2013. Luckily, and just as it is the case with the music industry, digital revenue more than made up for losses in physical media, with takings up 10% compared to 2016 and up 110% since 2013. Overall consumer spending was up 2.5% compared to 2016.

Online video subscriptions increased by 21% to 157 million, with revenue up 57% to $17.7 billion. It is still, however, dwarfed by revenue from cable, which remained largely steady in recent years and was at $51.3 billion in 2017.

You can read the full report here.
Visit Digital Digest and, My Blog
admin is offline   Reply With Quote


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Piracy Rate Drops Again in Australia Thanks to Subscription Streaming admin Latest News 0 9 Nov 2017 05:13 PM
Worldwide Box Office Sets New Record despite Widespread Piracy admin Latest News 0 13 Jan 2016 04:01 PM
Home Video Spending On The Rise, As Subscription Streaming Booms admin Latest News 5 2 May 2012 02:41 AM
What piracy crisis? MPAA touts record box office for 2007 admin Latest News 0 7 Mar 2008 10:45 AM
MPAA Wants New Global Anti-Piracy Offensive admin Latest News 0 16 Jun 2007 02:37 PM

All times are GMT +10. The time now is 07:17 AM.

Kirsch designed by Andrew & Austin

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright © 1999 - 2018 Digital Digest

Visit DivXLand   Visit