TerryRL
Senior HTF Member
- Joined
- Sep 12, 2001
- Messages
- 3,977
With just eight weeks to go in 2006, I thought it would be a good time to get this thread started (before Tino started harassing me to start it ). With this year nearing its end, the industry is breathing a slight sigh of release since 2006 will finish with stronger numbers than what were posted last year, due in large part to higher ticket prices. Still, studio execs remain "concerned" with the number of admissions sold.
Going into the weekend, 2006 has sold about 1.13 billion tickets, up slightly from the 1.11 billion admissions sold at this point last year. The box office total for this year stands at $7.467 billion compared to the $7.108 billion 2005 had earned during the same time. Compared to past years, here is how 2006's year-to-date totals stack up...
2006 1.13 billion ($7.467 billion)
2005 1.11 billion ($7.108 billion)
2004 1.24 billion ($7.724 billion)
2003 1.24 billion ($7.468 billion)
2002 1.27 billion ($7.371 billion)
With 2005 falling way short of industry expectations, not a whole lot was expected of 2006, but the year got a major boost from the hugely successful 'Pirates of the Caribbean' sequel (which accounts for $421.3 million of 2006's overall domestic tally). The industry has pulled out the big guns for 2007 and are hoping that the year not only eclipses the numbers posted this year, but also the numbers posted during 2004. Overall, 2004 earned a record $9.418 billion while selling 1.516 billion admissions.
The $9.418 billion mark represents the biggest domestic box office mark ever for a single year. As for ticket sales, the 1.516 billion tally is the third best in history, trailing 2002's record-shattering 1.578 billion, and 2003's mark of 1.523 billion. 2007 has a lot to live up to, but the studios are confident that the year could become one of the biggest on record, in spite of higher ticket prices.
2005 marked the 30th anniversary of the birth of the summer blockbuster with 1975's "Jaws" and the industry truly believed they had a lineup that would produce the biggest year the industry has seen since Spielberg unleashed that Great White on an unsuspecting public. Needless to say, only a handful of films performed up to or beyond expectations ('Revenge of the Sith', 'The Chronicles of Narnia', the fourth 'Harry Potter'). 2007 will mark the 30th anniversary of the release of the original "Star Wars" movie (Lucasfilm is expected to announce a special anniversary DVD set sometime in the Spring), a film that changed the entire focus of the industry. Again, the studios are expecting (hoping) the year's releases produce some sensational box office results.
I'm expecting 2007 to post numbers similar to 2004's, but I'd be surprised if the total number of ticket sales come close to the record amount that 2002 posted. Still, you never know. In any event, the studios have a lot riding on 2007.
Going into the weekend, 2006 has sold about 1.13 billion tickets, up slightly from the 1.11 billion admissions sold at this point last year. The box office total for this year stands at $7.467 billion compared to the $7.108 billion 2005 had earned during the same time. Compared to past years, here is how 2006's year-to-date totals stack up...
2006 1.13 billion ($7.467 billion)
2005 1.11 billion ($7.108 billion)
2004 1.24 billion ($7.724 billion)
2003 1.24 billion ($7.468 billion)
2002 1.27 billion ($7.371 billion)
With 2005 falling way short of industry expectations, not a whole lot was expected of 2006, but the year got a major boost from the hugely successful 'Pirates of the Caribbean' sequel (which accounts for $421.3 million of 2006's overall domestic tally). The industry has pulled out the big guns for 2007 and are hoping that the year not only eclipses the numbers posted this year, but also the numbers posted during 2004. Overall, 2004 earned a record $9.418 billion while selling 1.516 billion admissions.
The $9.418 billion mark represents the biggest domestic box office mark ever for a single year. As for ticket sales, the 1.516 billion tally is the third best in history, trailing 2002's record-shattering 1.578 billion, and 2003's mark of 1.523 billion. 2007 has a lot to live up to, but the studios are confident that the year could become one of the biggest on record, in spite of higher ticket prices.
2005 marked the 30th anniversary of the birth of the summer blockbuster with 1975's "Jaws" and the industry truly believed they had a lineup that would produce the biggest year the industry has seen since Spielberg unleashed that Great White on an unsuspecting public. Needless to say, only a handful of films performed up to or beyond expectations ('Revenge of the Sith', 'The Chronicles of Narnia', the fourth 'Harry Potter'). 2007 will mark the 30th anniversary of the release of the original "Star Wars" movie (Lucasfilm is expected to announce a special anniversary DVD set sometime in the Spring), a film that changed the entire focus of the industry. Again, the studios are expecting (hoping) the year's releases produce some sensational box office results.
I'm expecting 2007 to post numbers similar to 2004's, but I'd be surprised if the total number of ticket sales come close to the record amount that 2002 posted. Still, you never know. In any event, the studios have a lot riding on 2007.