Seeking Alpha

China leads global box office gains

  • Global box office sales rose 4% in 2013 to $35.9B.
  • China accounted for a good portion of the gain with sales rising 27% to $3.6B.
  • Box office growth in the U.S. was more tepid at 1%. Movie studios (DIS, LGF, SNE, VIAB, TWX, FOXA, VIA, CMCSA) increasingly relied on tentpole releases in the U.S. as the number of titles topping the $100M mark domestically went up to 35 from 31.
  • Related stocks: AMC, CKEC, CNK, RGC, MCS, RDI, AMC, IMAX, DCIN.
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Comments (1)
  • billeebong
    , contributor
    Comments (178) | Send Message
     
    ...just for interest sake...wtf with the 23% drop in value?
    26 Mar 2014, 04:04 PM Reply Like
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