During 2008 and 2009 the domestic box office grew by double digits, outpacing the overall annual growth. This trend is likely to repeat this year as first quarter results passed $2.4 billion, 10.2% over last year and over a third bigger than where it was in 2006. This strong start should provide a good base [...]

James Cameron’s latest film Avatar has had yet another strong weekend at the box office, making $50.3 million and breaking the record for biggest four weekend gross, previously held by Cameron’s penultimate film Titanic. Despite having not such a spectacular opening weekend, Avatar has maintained dropped off less than most movies and has already made [...]

Avatar, James Cameron’s new film, premiered to the public late last night. Since James Cameron’s last movie, Titanic, is currently the number one domestic grossing movie of all time, in the long term Avatar is expected to do well and a lot of articles are appearing that are trying to predict and compare its potential success. The Economist published [...]

The second installment of the “Twilight Saga,” New Moon, had an extremely successful opening last weekend, grossing $142,839,137 domestically, which is the the third highest weekend opening of all time. Unfortunately, the following weekend the movie made substantially less substantially less, only $42,870,031, a drop of over 70% which is much greater than what most [...]

Apple has an impressive position in the music market. Through its iTunes store, the company currently has a 69% share of the U.S. digital music market and a 25% share of the total U.S. music market. Their position isn’t as strong however in the video market. This is especially apparent when you compare iTunes music and [...]

For the past few years the home video industry has been undergoing some traumatic changes. Although there was an almost seamless transition from the VHS to the DVD format, the shift to a high definition disc format has been stifled as a result of the format battle between HD and Blue-Ray. It’s also possible that [...]

The summer ended today and it seems to have been a mediocre season for Hollywood. The total U.S. box office gross between Memorial Day and Labor Day was $4.3 billion, which is 1.4% less than 2008 but 4% above 2007 per Variety. At the beginning of the summer the box office was 24% above last year [...]

This weekend Quentin Tarantino’s new movie Inglorious Basterds opened up in the U.S., making $38.1 million over the weekend, giving it the glorious distinction of highest-grossing opening for a movie released in the second half of August. This opening is also the highest of any Tarantino movie, both on an overall and per-theater basis, and [...]

Earlier this year a new premium cable channel called Epix was announced as a joint venture between Viacom (Paramount), Lionsgate and MGM. This initiative was partly motivated by pressure of Showtime in 2008 to lower the fees it paid to these same three movie studios, who will likely also move their movies away from Showtime in the long run. [...]

This week The Hangover became the all time top R-Rated comedy in terms of domestic box office. It also currently ranked as the #57 domestic grossing movie of all time. This is a big achievement, since comedies don’t normally attract large audiences. Perhaps moviegoers simply prefer to pay $10 to see an big-budget action movie [...]