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International Entertainment News

Thursday, May 05, 2005

Research and Markets: Box Office Revenues in US Forecast to Pass $10 billion for the First Time in 2006

Research and Markets: Box Office Revenues in US Forecast to Pass $10 billion for the First Time in 2006

DUBLIN, Ireland, May 5 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/reports/c16768 ) has announced the addition of Moviegoing 4 to their offering.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH )

Box office revenues in the United States will pass $10 billion for the first time in 2006, according to a new report 'Moviegoing 4'. This figure compares with revenues from tickets of $8.7 billion in 2003 - and the figure will keep growing to $11 billion by 2008. Most of the gains will come from higher ticket prices rather than increased attendance. By 2008 1.56 billion Americans are expected to attend cinemas, compared to 1.43 billion in 2003, but they will be paying $7.05 for the privilege - a full $1.00 more than in 2003.

Moviegoing 4 tracks the United States exhibition industry as it recovers from the consequences of overbuilding in the late 1990s. The report examines trends in the movie business, distribution and the cinema audience as well as the exhibition business itself. With profiles of the top 30 circuits and a comparison of the financial performance of the leading publicly quoted circuits, and details of progress to date in digital cinema, this is a comprehensive report card covering the world's largest theatrical exhibition industry.

A separate section of the report looks at developments in neighbouring Canada; detailed statistics covering screens, admissions, box office revenues, ticket prices and concession sales are included for both countries.

Companies mentioned:

AMC Entertainment Caribbean Cinemas Carmike Cinemas Century Theatres Cinema Entertainment Corporation Cinemark USA Clearview Cinemas Consolidated Theatres Crown Theatres Dickinson Theatres Eastern Federal Corporation George Kerasotes Corporation Georgia Theatre Company Goodrich Quality Theatres Harkins Theatres Kerasotes Theatres Landmark Theatres Loews Cineplex Entertainment Malco Theatres Marcus Theaters Muvico Theaters National Amusements Northeast Cinemas Pacific Theatres R/C Theatres Regal Entertainment Group Signature Theatres Wallace Theatre Corporation Wehrenberg Theatres Famous Players Cineplex Odeon AMC International Galaxy Cinemas Empire Theatres Landmark Cinemas Cinemas Guzzo Magic Lantern Theatres Cine-Entreprise Cinema City Stinson Theatres Alliance Atlantis Cinemas Cinemark Canada

For more information visit http://www.researchandmarkets.com/reports/c16768

Laura Wood Senior Manager Research and Markets press@researchandmarkets.com Fax: +353 1 4100 980

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040820/RESEARCH AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com Source: Research and Markets

CONTACT: Laura Wood, Senior Manager of Research and Markets, press@researchandmarkets.com , or fax, +353-1-4100-980

Web site: http://www.researchandmarkets.com/reports/c16768

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