Hollywood may survive after all
p2pnet news view | Movies:- Maybe 2008 won’t to be such as bad year for Hollydud after all.
Terrible news! – p2pnet posted on Monday.
That was because 2008 domestic revenues were, “expected to come in just shy of 2007’s record of $9.7 billion, according to box-office tracker Media By Numbers,” according to the Associated Press. “Factoring in inflation, the actual number of tickets sold in 2008 is running 5 percent behind last year’s, when admissions totaled 1.4 billion.”
But wait! The hard-pressed film studios, fighting for their very survival in the face of unconscionable attacks from merciless file sharers, might not only live another year, they might actually break the $9.45 billion barrier!
Overall domestic box office is, “poised to set a record,” says the Hollywood Reporter, going on:
“As of Sunday, 2008’s year-to-date boxoffice stood at $9.45 billion, according to Nielsen EDI. By the close of business Sunday — bringing down the curtain on the boxoffice year — 2008 should surpass 2007’s record haul of $9.62 billion by a couple of percentage points.
“The only caveat is that the record will be a result of rising ticket prices. Actual admissions are running 4%-5% behind last year’s levels, which reached 1.41 billion.”
Here’s the tally, according to the story »»»
- The market share crown will go to Warner Bros., which early this week crossed the $1.7 billion mark to edge past the previous studio record set by Sony in 2006. Warners, of course, got a boost from “The Dark Knight,” the year’s top-grossing film with nearly $531 million in domestic ticket sales. But the studio also benefited by absorbing New Line Cinema, which contributed such hit titles as “Sex and the City,” “Four Christmases” and “Journey to the Center of the Earth.”
- Paramount, which led the field last year with $1.49 billion, will increase its total this year. It stands in second place among studios with nearly $1.6 billion heading into the last week. Paramount could boast of such top grossers as “Iron Man,” “Indiana Jones and the Kingdom of the Crystal Skull” and “Kung Fu Panda.”
- Poised to capture the third spot is Sony with about $1.3 billion as “Hancock” ($228 million) led its hit parade.
- Last weekend, Universal, where “Mamma Mia! ($144.1 million) was the top-grossing movie, achieved a studio personal best as it ran its yearly total to $1.107 billion.
- The battle for the fifth position will probably turn into something of a photo finish. As of Sunday, less than $1 million separated Fox and Disney. Fox’s register had raked in $979 million, while Disney’s rang up $978 million. The final result will probably depend on the relative holding power of Fox’s “Marley,” last weekend’s top movie, and Disney’s “Bedtime,” the weekend’s No. 2 film. Fox also will pick up some extra coin from “The Day the Earth Stood Still,” heading into its fourth weekend, while Disney could wring a few more pennies out of “Bolt,” now winding down in its seventh frame.
Will Hollywood enforcement unit the MPAA now be ordered to follow the RIAA’s lead and stop suing people?
No need to stay tuned.
p2pnet - Hollywood, ‘just shy of $9.7 billion’, December 29, 2008
Hollywood Reporter – Studios happy with Christmas presence, December 30, 2008
stop suing people - Has the RIAA stopped suing? Or hasn’t it?, December 31, 2008
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January 2nd, 2009 at 7:33 am
and then remove dark night and what does Warner have a ton a crappy films doing medicore sales.
YUP all this cash out of the economy cause a there greed.