Box Office Follies, part I
Hedline in Variety:
Summer season a smash success
The actual story:
Through the Monday holiday, summer box office was estimated at roughly $4.12 billion vs. $4.16 billion for summer 2007. Year to date, the domestic box office is down about 1% vs. last year. Final tallies will be released today. Attendance is down by about 3%-4% for the summer and the year to date.
In other words, the summer box office was lower than last year’s*.
Overall domestic box office is lower than last year’s too.
And, leaving aside Inflated Hollywood Play Money™, attendance is down a significant chunk as well, both this summer and for the year to date.
Other than that, however, things are “smashing.”
* Last summer’s box office was called a record as well. In 2002, about 650 million movie tickets were sold; this summer that figure was about 580 million. That’s a decline of more than 10 percent in six years–in the face of a sizable population increase as well.
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Previously in Hitsville:
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