Movie Ticket Sales Increased in Foreign Markets Last Year
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Jupiterimages/Thinkstock(LOS ANGELES) — Movie ticket sales were on the rise outside the U.S. last year.
A report issued by the Motion Picture Association of America finds that international ticket sales increased by 7 percent from the year before with $22.4 billion in revenue, according to The Hollywood Reporter. Japan was the highest-grossing nation outside of North America with $2.3 billion.
When also taking into account the North American markets, there was only a 3 percent increase in ticket sales worldwide with $32.6 billion. In 2011, North America grossed $10.2 billion — a 4 percent decline from the previous year.
Last year, 1.28 billion movie tickets were sold at the domestic box office, the lowest total in a decade.
The good news for Hollywood: the president of the National Association of Theatre Owners says that U.S. box office totals are up nearly 14 percent to date from a year ago.
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