Re:The Slow Death of Hollywood
by scarface74 on Wednesday July 10, 2019 @10:39PM
(#20408686)
Not according to the numbers.
That doesn't take inflation into account though. You'd expect it to go up 3-4% in $ terms even if sales were the same. That the number is actually flat over the last 4 years does mean sales are down a bit.
The $6.05B 2016 figure would be about $6.45B in 2019 dollars.
Box office trends have been shifting over the last decade or so... the big blockbusters (superhero movies especially) are bigger and bigger, but the mid-budget stuff that was a mainstay of the 90s and early 2000s (think stuff like Will Ferrell and Adam Sandler movies) is getting squeezed pretty hard.
To give one look at the distribution.... last year the 100th best performing movie did ($21.7M / $700M) = 3.1% of the #1 movie.
In 2010, ($26.5M / $415M) = 6.38%
In 2000, ($18.7M / 260M) = 7.19%
It's harder to get people to go to the theater due to a bunch of factors like improved TV tech and increased competition for time, but "hollywood" is also capitalizing on those things. Look at how many original series are on Amazon, Hulu, Netflix, etc, and compare that to what we had 30 years ago between theaters and TV.