Box office revenue grew to $27 billion in 2007

6 03 2008

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The Motion Picture Association of America says movie goers around the world pushed box office revenue to a record $US26.7 billion last year. A report released says box office revenue outside North America climbed 4.9 per cent to $17.1 billion, representing nearly two-thirds of all ticket sales. Revenues in the United States and Canada increased 5.4 per cent to a record $9.6 billion, with admissions unchanged at 1.4 billion tickets sold but prices five per cent higher.

Total global ticket sales reached $25.5 billion in 2006. The biggest blockbusters of 2007 in North America were Sony Pictures’ Spider-Man 3; Shrek the Third and Transformers, both released by Paramount; and Disney’s Pirates of the Caribbean: At World’s End. By the way group FLAiTE released 3 out of 4 of these movies. All made more than $300 million. I will surely remind MPAA about this fact in their next email they send to me…

Source: AFP

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