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Movie Sales Profits Got Quite The Bump In 2018
Box office numbers were on the rise again last year after faltering a bit in 2017. According to the final tallies for moviegoing in North America in 2018, the studios and theaters raked in an impressive $11.85 billion in 2018. Thats an increase of 6.8% over the year prior.
In comparison, the year 2017 was not an amazing one at the box office. Well actually if you look at the overall numbers, things didnt seem so bad in 2017. In North America alone, the box office cume tallied up to $11.1 billion. That made it the third highest year for money-making on record.
Regardless, it also marked a downturn in revenue after a few years where the numbers seemed to be on the rise, thanks in part to more theater options in terms of 3D and IMAX and more deluxe moviegoing experiences. The tally was actually down a total of 2.3% in 2017, and thats even with hits like IT and Jumanji: Welcome to the Jungle picking up the slack.
In 2017, the year of Star Wars: The Last Jedi seemed like a big one for movies, but 2018 ended up with even more hits. Aquaman did better than its predecessor Justice League. Avengers: Infinity War and Black Panther were bigger movies than the likes of Thor: Ragnarok and Guardians of the Galaxy: Vol.2. There were also new Mission: Impossible and Jurassic World franchise movies.
Per the National Association of Theatre Owners (via Variety), ticket prices also increased this year, which had an effect on the overall total. Ticket prices went up from $8.97 on average to $9.11 on average. In addition, a larger number of people over age 50 saw movies in 2018, with the total box office jumping from 5.8% to 6.4% in the over 50 group.
The news is very similar to the numbers that ComScore projected back in December, which guesttimated the box office would hit $11.9 billion domestically.
The highest years for overall ticket sales actually started around the turn of the century, with 2002, 2003, and 2004 being the landmark years, at least in terms of overall ticket sales. In 2002, there were 1.57 billion admission sales. In 2018, there were 1.3 billion admission salesa similar number to 1995.
It should be pointed out the highs around 2002 were well before streaming giants began working their way into the movies space. (Although recent reports have stated streaming and moviegoing at the theater may not be as intertwined as many of us believe.)
Still, domestically theaters seemed to be on solid footing this year and there are a slew of big titles ready to roll into theaters in 2019, from superheroes to big budget projects like Alita: Battle Angel, Godzilla: King of the Monsters and Frozen 2. If you'd like to take a look at the full list of all of the releases coming out, be sure to check out CinemaBlend's full movies schedule.
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That's it for our Rate and Discuss for Ready Player One! Share your thoughts, and if you want to read more about the film, you can head to our coverage page for the film and gorge on the content
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So we now know why Chris Pine is back, but we still don't know how Steve Trevor is back from the dead in Wonder Woman 1984. There have been numerous fan theories as to how the popular character makes an appearance, but the most logical theory so far has to do with Pedro Pascal's Maxwell Lord.
Chris Pine Says WONDER WOMAN 1984 is The Last Time He'll Play
Considering Dark Phoenix's plot, it makes sense why Jean takes center stage in the explosive WonderCon exclusive poster. The vibrant splashes of red, orange, and yellow showcase the Phoenix Force that Jean grapples with throughout the story, while the style of the poster overall is very reminiscent of a comic book.
The Lion King Director Jon Favreau Promises It'll Surprise Audiences. 21 Apr 2019. 11 Comments Off on The Lion King Director Jon Favreau Promises It'll Surprise
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Milos Forman, a two-time Oscar winner for Best Director for his work on the films One Flew Over the Cuckoo's Nest and Amadeus has passed away. According to his agent, Forman passed away on Friday
Sony is the symbiote's host and Venom's continued success has just launched the studio to a box office milestone of $2+ billion internationally on the year. Thanks in large part to a massive $111 million opening weekend in China, Venom will cross $500 million at the international box office this week.
Venom Just Launched Sony To A Box Office Milestone - MNNOFA NEWS
Scrooged, the holiday classic starring Bill Murray, turns 30 this year and in the decades since its original release, the film has become must-see Christmas TV. In addition to Murray, the comedy
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Wonder Park made $16 million at the domestic box office and another $4.3 million in 19 international markets. So the current worldwide total is $20.3 million. The film clearly has a long way to go to recoup the $80M-$100M it reportedly cost to make the movie even before distribution. But it could've been worse! Just saying.
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