Quote:
Originally Posted by TheDoc
We already know 08/09 had the biggest box office records in history, single days, weekends, weeks and months, with the longest running ever too. One weekend after another, for 2 years.
How do they have the biggest 'ever' and yet, still have to release double the movies?
Simply... you re-release movies.... yep, those numbers include remakes, redo's, making movies digital and releasing them again.. Not really "new" movies, but "released" movies. Shit people don't want to buy, MGM......
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But if the numbers are correct releasing that shit helped to make these record sales. Are you suggesting that if they didn't release this stuff that they would still have records sales? Sure there were some huge movies at the box office as there are every year, but if you look at the numbers you can see the trends.
This site has a great breakdown of it.
http://boxofficemojo.com/yearly/
In 2002 the movie industry made 9.2 billion dollars at the box office. They sold 1,575.7 million tickets, released 477 movies and had an average ticket price of $5.81
In 2008 the industry made 9.6 billion, sold 1,341.3 million tickets, released 605 movies and had an average ticket price of $7.18
So what does this tell us.
It means from 2002 to 2008 the industry had about a 5% increase in revenue. Yet they had about a 26% increase in number of movies released and about a 23% increase in ticket prices. All the while they had a 15% drop in ticket sales.
So number of movies released is up, ticket prices are up, yet number of tickets sold are down and revenue is not growing at the same rate of ticket prices and all is okay?