Saturday, March 8, 2014
Los Angeles Times
Global movie ticket sales soared to record levels last year as foreign markets continued to show a growing appetite for Hollywood fare.
Overall ticket sales climbed 6 percent to $34.7 billion, fueled mainly by growth in international box-office revenue, according to a report by the Motion Picture Association of America, the chief lobbying arm for the major studios.
International ticket sales reached $23.9 billion, up 6 percent compared with 2011 and 32 percent over five years ago, driven by growth in Russia, Brazil and China, which surpassed Japan as the world's largest international box-office market for movies, the MPAA said in its annual survey of the industry.
Last year also marked the first that digital screens surpassed analog screens worldwide. More than two-thirds of the world's nearly 130,000 cinema screens are now digital.
"It's a powerful reminder of just how much movies matter, " said Christopher J. Dodd, chairman of the MPAA.