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Global box office: 2014 boosted by Asia's moviegoers, especially in China

Mar. 12, 2015 11:57 PM ETComcast Corporation (CMCSA) StockDIS, VIA-OLD, TWX, DWA, CMCSA, SONY, FOXA, FOXBy: Jason Aycock, SA News Editor1 Comment
  • The MPAA's report on global box office notes that 2014 sales were up 1% to $36.4B, lifted by China's industry -- the first time that Asian revenues passed those of other regions.
  • China's $4.8B made it the first foreign market to exceed $4B a year. Domestic sales of $10.4B were down 5%.
  • In 2013 the three major regions (North America, Europe/Middle East/Africa, Asia Pacific) essentially tied, but 2014 was the year of Asian box office share: 34.1% vs. 29.1% in EMEA and 28.6% in North America.
  • Among worries for the industry, The Hollywood Reporter notes 32% of North America's audience didn't go to a movie at all, and that steep dropoffs in ages 2-11 and 25-39 means the industry needs to look at long-term audience growth. (Frequent moviegoers make up just 11% of the population but buy 51% of the tix.)
  • The U.S. industry might be frontloaded for a rebound with a franchise- and sequel-heavy 2015 ahead, though.
  • Filmmakers: CMCSA, FOXA, TWX, VIA, DIS, DWA, SNE
  • Previously: DreamWorks touts Chinese venture, global projects (Mar. 04 2015)

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