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YEAR GETS OFF TO A POOR START Wednesday, January 18 2006 
Overall,
the
box
office
was
down
8
percent
from
last
year
as
none
of
the
four
new
films
released
over
the
holiday
weekend
came
close
to
doing
the
business
that
last
year's
two
leaders,
Coach
Carter
and
the
fifth
week
of
Meet
the
Fockers
did
during
the
same
period
last
year.
Paramount's
Last
Holiday
was
close
behind
the
two
leaders
with
$15.5
million,
but
20th
Century
Fox's
Tristan
&
Isolde
tanked
with
just
$7.6
million.
(more)THEATER TRACKER SAYS SLUMP SHOULD SERVE AS WARNING TO INDUSTRY Monday, January 16 2006 The president of Exhibitor Relations says that last year's box office slump should serve as a "wakeup call" to the movie industry. In an interview with Fox News Channel, Paul Dergarabedian remarked, "It's fair warning with plenty of time to fix things. If ignored, it's at the peril of the entire industry." Dergarabedian suggested that there was no quick cure for the downturn at the box office. "This convergence of technology and culture, combined with (more) |
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The MPAA disclosed Thursday that Hollywood suffered its worst year at the box office in nearly a decade -- even as marketing costs soared, especially for small films. In its annual box-office marketing report, the MPAA said that the number of admissions dropped nearly 9 percent to 1.4 billion, the lowest number since 1997. The overseas box office also fell 9 percent, according to the report. Strikingly, the report noted hat the costs of marketing small specialty films increased 33 percent, rising to $15.2 million from $11.4 million the previous year. On the other hand, the average cost to produce a movie fell 19 percent to $23.5 million.
