Friday, March 24, 2017
Movie Business is Healthy
The global box office receipts...in 2016 reached $38.6 billion, an increase of one percent from the previous year. In the United States and Canada, the box office rose two percent [beating inflation] to hit $11.4 billion.
In 2016, more young people and diverse populations went to the movies. Audiences between the ages of 18 and 24 attended an average of 6.5 movies over the course of the year - more than any other age group. Per capita attendance also increased among African American and Asian/Other audiences
(from Global Box Office Remains Strong in 2016, Reaching $38.6 Billion and the MPAA's 2016 Theatrical Market Statistics PDF). Thanks to Aaron Kaiser for mentioning the MPAA's report to me.
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