Magazine article Screen International

Global Box Office Hits $36.4Bn in 2014

Magazine article Screen International

Global Box Office Hits $36.4Bn in 2014

Article excerpt

Fuelled by strong growth in the Asia Pacific region, global box office receipts increased by 1% to set a new record.

Global box office receipts increased 1% in 2014 to set a new record of $36.4bn, according to the MPAA's annual Theatrical Market Statistics Report.

Growth was driven by the Asia Pacific region, which was up by 12% overall, including China which increased by 34% and became the first international market to exceed $4bn in box office, reaching $4.8bn overall.

However, US/Canada box office fell 5% to $10.4bn in 2014, despite more than two-thirds of the population (68%) going to the cinema at least once in 2014, comparable to 2013. People who go to the cinema once a month or more accounted for 51% of all tickets sold.

"In the past few years, more people than ever before around the world are going to their local cinemas to see movies made by filmmakers in the United States and all around the globe," commented MPAA Chairman and CEO Senator Chris Dodd. …

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