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January 2, 2017 10:00 am

Despite Piracy Claims, North American Box Office Hits Record $11.4 Billion In 2016

Slashdot reader rudy_wayne writes: Despite constant claims of losing billions of dollars to "piracy", the North American box office closed out 2016 with $11.4 billion in ticket sales. That marks a new record for the industry, bypassing the previous record of $11.1 billion that was established in 2015. Disney had four of the top five highest-grossing films, including "Finding Dory," the year's top film with $486.3 million. "When holdovers are taken into account, Disney had six of the year's ten highest-grossing releases, a group that includes Star Wars: The Force Awakens, which debuted in 2015," reports Variety. Other top films include Rogue One: A Star Wars Story ($408.2 million), Captain America: Civil War ($408.1 million), The Secret Life of Pets ($368.4 million), and The Jungle Book ($364 million). Disney "controlled more than a quarter of the domestic market share despite releasing fewer films than any of the major studios," according to the article, which notes that the record was achieved despite the absence of big releases in several major movie franchises partly through higher ticket prices (and possibly also inflation).

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/A2kqeJlqTr0/despite-piracy-claims-north-american-box-office-hits-record-114-billion-in-2016

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