Piracy once again fails to get in way of record box office The movie business has—yet again—run up record numbers at the box office. In 2010, theaters around the world reported a combined total revenue of $31.8 billion, up 8 percent from 2009. While the industry certainly has its share of piracy problems, they aren’t affecting box office receipts. Those receipts are up even as the number of people buying tickets has declined. In the US and Canadian markets, the total number of tickets sold fell by 5 percent last year, but theater owners made up for the decline by raising prices an average of 39¢. The motion picture industry would like to assure you that movies remain a very good deal. » via ars technica High-res

Piracy once again fails to get in way of record box office

The movie business has—yet again—run up record numbers at the box office. In 2010, theaters around the world reported a combined total revenue of $31.8 billion, up 8 percent from 2009. While the industry certainly has its share of piracy problems, they aren’t affecting box office receipts.

Those receipts are up even as the number of people buying tickets has declined. In the US and Canadian markets, the total number of tickets sold fell by 5 percent last year, but theater owners made up for the decline by raising prices an average of 39¢. The motion picture industry would like to assure you that movies remain a very good deal.

» via ars technica

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