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Q1 Blockbusterphobia

Share According to a Variety article that I commented on yesterday, during the past four years new sources of funding like private equity money have created a ‘surplus of movies’ that are forcing Hollywood to release ‘heavyweight’ movies across a wider spectrum of dates, other than on just around Easter, summer and the year-end holidays. [...]

Hollywood’s $10 Billion Year

Share 2009 could mark the first year that Hollywood breaks $10 billion in total U.S. Box Office sales. As of March 16, the total gross revenues are at $2.089 billion, 12.4% over the same point in 2008. If this pace is maintained, total U.S. Box Office will reach $10.771 billion by year end. A January [...]