U.S. reports a 16-year low film attendance – Despite 2011’s year of big franchise finales like Twilight and Harry Potter, movie going crowds are at their lowest since 1995.
American box-offices have reported domestic revenues for the year of $10.15 billion, down 4 percent from 2010’s, according to tracker Hollywood.com.
Taking higher ticket prices into account, movie attendance is off even more, with an estimated 1.275 billion tickets sold, a 4.8 percent decline and the smallest movie audience since 1995, when admissions totaled 1.26 billion.
Harry Potter and the Deathly Hallows: Part 2, the finale to J.K. Rowling’s fantasy epic, was the year’s biggest earner in America and the top-grossing film in the series at $381 million domestically and $1.3 billion worldwide.
Transformers: Dark of the Moon pulled in $352 million domestically and $1.1 billion worldwide, while The Twilight Saga: Breaking Dawn – Part 1 has climbed to $271 million domestically and $650 million worldwide.
Other franchises did well in 2011 but came up short of their predecessors on the domestic front, among them Pirates of the Caribbean: On Stranger Tides, The Hangover Part II, Kung Fu Panda 2, Cars 2 and X-Men: First Class.
2011 was the second-straight year that domestic attendance declined sharply, and audiences generally have been shrinking since 2002, when admissions hit a modern high of 1.6 billion. Earlier this year evenues lagged far behind 2010 receipts that had been inflated by the huge success of James Cameron’s sci-fi sensation Avatar. But that does not explain the sluggish results in the second half of this year.
It’s sad to see this kind of thing happening. Long before these stats became public, a lot of people online were saying that “Hollywood is running out of ideas”, and I agree with them. At most, there are 5-6 original movies being released in Hollywood each year.
Not only Hollywood is out of ideas, nobody seems to care to invent something new. And it has nothing to do with money, I think.
A bright example is the “Transformers” series – studios and executives already know that people will spend their money on sequels, so “let’s just give em’ what they want”. People are being fed these sequels and remakes, and being as lazy as they are, it just goes on and on.
Below is our latest poll. Please leave your vote!
comments powered by Disqus