Quote:
Originally Posted by DamianJ
I also showed you how UK box office is much better now than 10 years ago. Despite piracy having increased.
All films are equally easy to copy. Piracy seems to have little to no effect on revenue. At least according to box office figures.
I find it surreal that an industry that is posting huge amounts of revenue, despite a massive recession, is trying to claim that piracy is ruining them.
(And google doesn't distribute anything, btw).
So despite the worst recession, and the evil pirates, they still make *that* much. |
These numbers can be a little misleading.
For starters I don't think that dollar amount shown is adjusted for inflation. When you adjust for that the 2003 total is the same as 10,949 in 2011 dollars. Which means in 2003 they actually had more income than in 2011. Add into that mix that in 2003 they sold 1,532m tickets in 2011 they sold 1,278m tickets. In 2003 they released 506 movies. In 2011 they released 598 movies.
This means they had to produce more product and charge more for it (average price per ticket is up almost $.60 per ticket after CPI adjustment) just to make the same amount of money. This also doesn't account for the rising cost of producing movies. If they brought in roughly the same amount of income at the box office now as they did in 2003 you could assume that their profit is down because of the increased cost in producing movies factored in with the the larger number of movies released.
Yes, there are more ways for them to make money these days. DVD sales are bigger as are pay per view says, licensing etc, but for the sake of this argument I am strictly talking about box office. Also, I'm not saying piracy is solely to blame for this. There are a lot of people who simply don't go to the movies as much because it is more expensive and because the movies come out on DVD so much quicker than they used to. However, to point strictly at the box office numbers and say that these prove that the movie industry is thriving is a little misleading.