p2pnet - rss feed: Hollywood reports record revenues
p2pnet.net news:- Hollywood is practically in its death throes, according to MPAA boss Dan Glickman.
His employers, Time Warner, Viacom, Fox, Sony, NBC Universal and Disney, are beset on all sides by counterfeiters, file sharers and Montreal-based crooks with camcorders, he cries at every opportunity, painting tragic pictures of out-of-work support workers and revenue losses in the billions of dollars.
So just how terrible is it?
Well actually, things aren’t too bad at all. In fact, they’re pretty darned good and ironically, it’s the MPAA (Motion Picture Association of America) which says so.
In its annual theatrical market statistics report, global film audiences, “boosted the worldwide box office to an all-time high of $25.8 billion, compared to 23.3 billion in 2005,” an 11% increase, crows Hollywood’s MPAA delightedly.
The US box office, “rebounded in 2006 to finish the year at $9.49 billion in revenues compared to $8.99 billion in 2005 - a 5.5% increase from the previous year, with 1.45 billion movie tickets sold in the U.S., ending a three-year downward trend in ticket sales,” it says.
In 2006, 63 films grossed more than $50 million at the box office, a 12.5% increase from the previous year, and Pirates of the Caribbean: Dead Man’s Chest exceeded the $400 million mark.
And far from seeing a drop in the number of movies produced because of hard times, Hollywood output, “has been steadily growing over the last several years with total releases topping another all time high of 607 in 2006, compared to 549 in 2005, an 11% increase,” says the MPAA, adding:
“Movies continue to be the overwhelming choice for entertainment drawing more people to movie theaters than theme parks and the major professional sports leagues combined.”
Don’t trouble to stay tuned.
Also See:
crooks with camcorders - Hollywood muscles Canada, March 6, 2007
The Toronto Star - Canada has most positive image worldwide: Survey, March 5, 2007
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Tired of being treated like a criminal? They depend on you, not the other way around. Don’t buy their ‘product’. Do bug your local politicians. Use emails, snail-mail, phone calls, faxes, IM, stop them in the street, blog. And if you’re into organizing, organize petitions, organize demonstrations and then turn up on your local political rep’s doorstep, making sure you’ve contacted your local tv/radio station/newspaper in advance. Don’t just complain. Do something!
March 6th, 2007 at 2:36 pm
Well, it’s difficult to understand unless you’re a MPAA exec.
But here’s the general idea: if you’re looking to give them your money (on the investment side of things) its great, excellent, never been better, just sign on the dotted lined, hand over your cash and have a nice day.
If your anyone else, i.e. workers trying to get a raise, politician, Joe (non-investor) public then it’s terrible, awful, don’t know if we can continue to make movies at all, I think this may be the worst year in history, the exec’s had to cut one meal a week from steak to chicken, chicken!!!.
They’d be happy to show you the real numbers but some pirate stole them, here look at this survey created by polling our exec’s families, I mean from an entirely unbiased source that we pay a lot of money to. A ‘think tank’ that is a subsidiary of a lobby group that a friend of a friend pay’s a lot of cash to, housed in a state who’s politicians are vigorously lobbied (we give them a lot of cash). So since the ‘think tank’ and politicians don’t have to worry about money, you know there’s no undue influence. I mean look at the report, oh you lost your copy, here’s another. Hmmm, what the numbers are worse on that copy than the last, well that’s cause in the 20 minutes between printings the pirates stole soooooo much from us. I mean I may have to sell the porshe I keep at my 3rd vacation house, the one I visit every 3rd year. It’s terrible I tell you, I’ve had to drop my coke habit down to 1/8th of what it used to be. Obviously the pirates are stealing the very bread we eat, and it’s hard to find bread with a real gold crust.
March 6th, 2007 at 7:04 pm
Look at it this way. They’d get in trouble if they were lying to shareholders, which is the people these reports are aimed at.
As for lying to consumers via the lamescream media? Meh, no biggie, everyone does it.
March 6th, 2007 at 7:25 pm
OK, they CANNOT have it BOTH ways….either they are LOSING money due to piracy or making record profits and piracy is NOT AN ISSUE…..WHICH IS IT??
They need to stick to their story….however unbelieveable it may be…instead of skipping between two.
You cannot say that your profits are sufferiung because of p2p and at the same time decalre you have made more maoney than ever!
I think they cry about piracy when they think someone will listen to them….even IF it has nothig to do with them losing money! This story is proof of that.
March 7th, 2007 at 9:50 am
thank you for that!
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Alter_Fritz
March 15th, 2007 at 1:19 am
Yes they can ahve it both way. Now thy’ve made 25bln over year. But they say: Hey! if everybody who donloaded a movie bought a DVD from us, we’d have made $31 bln! Pirates stole our hard earnd profits! Go get’em!