MPAA: Global Box Office Climb Continues in 2011 on March 22, 2012
WASHINGTON -- The Motion Picture Association of America, Inc. (MPAA) today released its annual Theatrical Market Statistics Report for 2011. The report shows that global box office receipts for all films released around the world reached $32.6 billion, an increase of 3% over 2010, due to ongoing growth of box office in international markets. Each international region experienced box office growth in 2011. Chinese box office grew by 35% in 2011 alone, by far the largest growth in major markets.
"These numbers underscore the impact of movies on the global economy and the vitality of the film-watching experience around the world," said Senator Chris Dodd, Chairman and CEO of the MPAA. "The bottom line is clear: people in all countries still go to the movies and a trip to the local cinema remains one of the most affordable entertainment options for consumers."
"The figures on box office reflect only one indicator of an extremely complex, and evolving movie industry," Dodd said. "We're working harder and smarter to keep moviegoers coming back for more, whether at the cinema, at home or on the go."
The U.S./Canada box office market finished at $10.2 billion, down 4% compared to last year, but up 6% from 5 years ago. 3D box office was down $400 million in 2011 in comparison to 2010, which is not surprising given that 2010 included Avatar's record-breaking 3D box office performance. 2D box office remained consistent from 2010 to 2011.
Cinema ticket sales continue to be fueled by repeated visits by frequent moviegoers - those who go to the movies once a month or more. Frequent moviegoers represent only 10% of the population but purchased half of all tickets sold in 2011.
Globally, cinema screens increased by 3% in 2011. Digital cinema continues its rapid growth so that just over half of the world's screens are now digital. The number of digital screens in the U.S. nearly doubled in 2011, now comprising 65% of all U.S. screens.
"Global box office continues to grow nicely as new markets develop," said John Fithian, President of the National Association of Theatre Owners (NATO). "In mature markets such as the United States the business can be more cyclical in the short term, driven by product supply and distribution patterns. In the long term, however, domestic receipts continue to grow. Though 2011 U.S. box office was down 4%, 2012 looks to be another growth year. Box office is up nearly 14% year-to-date so far in 2012, with a strong slate of summer movies coming."
"Innovation and technology continue to be a driving force for our business," Dodd said.. "People are driven to fill theater seats by the promise of great films and a great, technologically enhanced movie going experience. But online content theft continues to threaten the economic success of our industry - an industry that employs millions of Americans and brings money into the U.S. economy from around the world. We should protect that success, not undermine it by stealing products and cutting the revenue it puts into the U.S. economy."
DIEGO BONETA TO RECEIVE “CINEMACON® RISING STAR OF 2012 AWARD” on March 22, 2012
WASHINGTON D.C. -- Diego Boneta will receive the "CinemaCon Rising Star of 2012 Award," it was announced today by the convention's managing director, Mitch Neuhauser. CinemaCon, the official convention of The National Association of Theatre Owners (NATO), the largest and most important gathering of cinema owners and operators from around the world, will be held April 23 - 26, 2012 at Caesars Palace in Las Vegas. Boneta will be presented with this special honor at the "CinemaCon Big Screen Achievement Awards" ceremony to take place on Thursday evening, April 26, in The Colosseum at Caesars Palace. The Coca-Cola Company, the official presenting sponsor of CinemaCon, will host the final night gala awards program.
"How exciting to think that Diego Boneta's first film role, in this summer's musical adventure "Rock of Ages," will see him share the screen with the likes of Tom Cruise, Catherine Zeta-Jones and Alec Baldwin!" noted Neuhauser. "We can't wait to see him in the film and to see what the future holds for this talented young man. CinemaCon is thrilled to honor him as its Rising Star of 2012."
Boneta, under the direction of Adam Shankman, will make his big screen debut in New Line Cinema's feature film adaptation of the hit Broadway musical "Rock of Ages," to be released by Warner Bros. Pictures on June 15, 2012. With an all-star lineup, including Julianne Hough, Russell Brand, Paul Giamatti, Catherine Zeta-Jones, Malin Akerman, Mary J. Blige, Bryan Cranston, Alec Baldwin and Tom Cruise, "Rock of Ages" tells the story of small-town girl Sherrie and city-boy Drew, who meet on the Sunset Strip while pursuing their Hollywood dreams. Their rock ‘n' roll romance is told through the heart-pounding hits of Def Leppard, Joan Jett, Journey, Foreigner, Bon Jovi, Night Ranger, REO Speedwagon, Pat Benatar, Twisted Sister, Poison, Whitesnake and more.
A native of Mexico City, Boneta has had a very successful career in Latin America as a singer and actor, earning two Latin GRAMMY nominations and selling multiple gold and platinum records in Latin America and Spain. He has appeared on the small screen on the ABC Family hit "Pretty Little Liars" and the CW's "90210," and can be seen soon in the new MTV show "Underemployed."
New Trailer: 'Cosmopolis' on March 22, 2012
New Trailer: 'The Three Stooges' on March 21, 2012
'THE HUNGER GAMES' Is Fandango's Top-Selling Franchise Opener Of All Time, With Nearly 2,000 Showtimes Already Sold Out, Before Its Debut At The Box Office on March 20, 2012
Los Angeles -- With a little more than two days left before its March 23 release date, "The Hunger Games" is already the top-selling franchise opener and non-sequel in Fandango's nearly 12-year history. This hotly-anticipated film is also on track to become one of Fandango's top-selling movies of all time.
"Hunger" has already hit the following Fandango milestones:
• 92% of daily ticket sales;
• Nearly 2,000 showtimes sold-out in advance on Fandango;
• The top ticket-seller of the year to date;
• The top-selling March release in company history;
• More mobile ticket sales than any other film this year;
• More advance tickets sold on Fandango than the first "Twilight" movie during its entire advance ticketing run.
"'The Hunger Games' continues to amaze us with its astonishing pace," says Fandango Executive Vice President and General Manager Rick Butler. "The extraordinarily strong advance ticket sales speak to the ease and convenience of Fandango, both on the Web and through our mobile apps, which guarantees fans seats for the films they want to see."
While thousands of "Hunger" showtimes are already sold out across the country, theater owners in all fifty states are posting additional showtimes to meet the growing fan demand. IMAX theaters represent Fandango's top-selling showtimes, with the movie playing in the IMAX format for one week only.
The new epic adventure is on track to soon land a coveted place on Fandango's top 5 advance ticket-sellers list, right behind some of Hollywood's biggest blockbusters of all time.
The current top 5 advance ticket-sellers on Fandango (as of Tuesday, March 20, 2012) are:
1. "The Twilight Saga: New Moon" (2009)
2. "Harry Potter and the Deathly Hallows: Part 2" (2011)
3. "The Twilight Saga: Breaking Dawn, Part 1" (2011)
4. "The Twilight Saga: Eclipse" (2010)
5. "Harry Potter and the Deathly Hallows: Part 1" (2010)
Fandango is currently featuring a wealth of editorial content on "The Hunger Games," from exclusive video interviews with the stars, exclusive premiere videos and photos, prize pack giveaways, and commentary by Fandango Film Mom Tara McNamara. To check out Fandango's robust "Hunger Games" content, see http://www.fandango.com/thehungergames/movieguide.
The year 2012 has already been a momentous one for Fandango, which has reported record-breaking January and February sales, and is on track for a record-breaking March as well. Yesterday, Fandango announced a new deal with Yahoo!, enabling Yahoo! Movies fans to get Fandango showtimes and tickets on Yahoo! sites and across mobile devices and on tablets. The Yahoo! deal follows on the heels of new ticketing agreements with Regency Theatres and with AMC Theatres, which added a combined 3,200 screens to Fandango's extensive network of movie theaters across the country, now numbering a total of nearly 20,000 screens.