Hollywood got the top present on its
Christmas list today: a lucrative 2012.
Despite a chilly summer at the box
office, 2012 will mark the industry's
highest year on record and the first since
2009 when ticket sales increased,
according to projections from analysts.
If forecasts hold through the end of the
year, the industry will see about $10.8
billion in ticket sales, according to
analyses from Hollywood.com.
The previous record was 2009's $10.6
billion. And while the record doesn't
mean movies are completely over the
slump (inflation helps set high marks at
the box office), the industry is showing
signs of a turnaround.
The haul would mark a 6% increase over
ticket sales in 2011, when Hollywood
took in about $10.2 billion.
Increased ticket revenue is bolstered by
people returning to the multiplex:
Attendance is up about 5% over last
year. Though 2012 probably won't
challenge 2002's modern-day admission
record of 1.7 billion tickets sold, 2012
already has had 1.3 billion people pass
through domestic turnstiles.
Paul Dergarabedian, Hollywood.com's
box-office chief, says two films opening
today, the musical Les Misérables and
Quentin Tarantino's spaghetti Western
Django Unchained, should ensure that
2012 ends on a high note.
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