According to the report, global home entertainment spending jumped 16 percent in 2018 to $55.7 billion, putting total box office and home entertainment revenue at $96.8 billion, a year-over-year gain of nine percent. That compares to none last year among the six top-grossing films. The foreign box office collected $29.2 billion, a 1 percent dip from the prior year that marked the first decline in recent memory offshore, even if slight. The MPAA report also shows that per capita attendance was highest among those aged 12-17 and 18-24. The 2018-2022 PwC Entertainment and Media Outlook projects: The global cinema industry is expected to experience a steady increase in revenues over the forecast period. 3:34 PM PST 1/2/2019 Sitemap | Market Size & Industry Statistics. Series Cinema. TWITTER The increase in profit is attributed to frequent attendants who accounted for 48% of tickets sold. Global Movie Production & Distribution industry trends (2014-2019) Global Movie Production & Distribution industry outlook (2019-2024) poll Average industry growth 2019-2024 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. Part of the reason for the relatively static result is fluctuating currency exchange rates. That said, revenue estimates for the porn industry vary widely. EMAIL ME. For the second year in a row, the MPAA document combined global theatrical stats and, in a nod to the growing might of streaming, home entertainment revenue. Global box office revenue for 2018 hit an all-time high of $41.7 billion, thanks to a hefty uptick of nearly 7 percent at the North American box office. "Our companies continue to deliver content where, when and how audiences want it, and the numbers released today speak volumes. Consider the top blockbuster movie to … Digital music streaming revenue is forecast to increase from $848 million in 2013 to $1.7 billion in 2018, when it will account for 37 percent of total digital recorded music revenue. The flattening out internationally is due in part to currency fluctuations, as well as diminishing admissions in more mature markets, a problem cinemas across the U.S. are all too familiar with. © 2021 The Hollywood Reporter, LLC. 4.1 2013-2018 Global Capacity, Production and Production Value of Cling Film Industry 4.2 2013-2018 Global Cost and Profit of Cling Film Industry 4.3 Market Comparison of Global and Chinese Cling Film Industry 4.4 2013-2018 Global and Chinese Supply and Consumption of Cling Film 4.5 2013-2018 Chinese Import and Export of Cling Film Also, per capita attendance increased among all ethnicities, according to the report. TREND: Series have developed a new form of cinema that rivals theatrical films. Two thirds of the American and Canadian population attended a cinema at least once in 2016. Terms of Use | The industry experienced a 2% growth from $11.1 billion in 2015. The expanded report was the brainchild of MPAA chairman/CEO Charlie Rivkin, who recently led the effort to make Netflix a member of the trade org. For … | Do Not Sell My Personal Information In 2016, the film industry in the United States and Canada generated approximately $11.4 billion, making it the most profitable industry in the world. | EU Privacy Preferences. Video game revenue in 2018 reached a new peak of $43.8 billion, up 18 percent from the previous years, surpassing the projected total global box office for the film industry, according to … The gender composition was 51 percent female and 49 percent male, on par with the previous year. The growth spurt was fueled in part by a slew of tentpoles that appealed to ethnically diverse audiences, as well to younger moviegoers easily distracted by smaller screens and gadgets. It's the first time in history that a non-Hollywood studio has been welcomed into the MPAA fold. Domestic Movie Theatrical Market Summary 1995 to 2021. Hence, the strength of moviegoing domestically was a major boost for cinemas across the U.S. and Hollywood. BoxOfficeMojo.com by IMDbPro - an IMDb company. 6:00 AM PDT 3/21/2019 Of the income generated, Hollywood … Spending on digital entertainment — which has increased 170 percent since 2014 — led the charge with $42.6 billion. TWITTER To say that the gaming industry is on the rise would be a massive understatement. A boom at the U.S. box office saw worldwide ticket sales hit a record $41.1 billion in 2018, a slight year-over-year gain of 1 percent, according to the Motion Picture Association of America's annual report, released Thursday. Streaming remains the main driver of recovering revenues and, for the first time, has become the single largest revenue source with 176 million users of paid streaming services contributing to year-on-year streaming growth of 41.1%. Global box office revenue for 2018 hit an all-time high of $41.7 billion, thanks to a hefty uptick of nearly 7 percent at the North American box office. Latest Updates: News | Daily | Weekend | All Time | International | Showdowns Help. An official statistic won't be available until the average ticket price for the fourth quarter is tallied. Total US cinema revenues plummeted to US$3.5bn in 2020 from US$11.4bn in 2019, but is projected to rebound to US$9.1B in 2024, representing a -2.4% five-year CAGR. By comparison, the global box office industry was worth US$41.7 billion while global music revenues reached US$19.1 billion in 2018. Disney, which is on the verge of acquiring 20th Century Fox, commanded more than 26 percent of domestic marketshare, and 17 percent of marketshare at the worldwide box office. Global revenues from traditional pay-TV and OTT TV episodes and movies will reach $265 billion in 2018; up from $254 billion in 2017 and $234 billion in 2015. Pamela McClintock Year-on-year growth is 10% and analysts made predictions that in 2019 revenue would top $152 billion. Three of the five biggest films in North America — Black Panther, Avengers: Infinity War and Incredibles 2 — saw Caucasians make up less than 50 percent of their audience. What the Future Holds. The worldwide theatrical market had a box office of US$38.6 billion in 2016. Movie Chains in 2018: New Revenue Streams and Subscription Services The failure of MoviePass is just one experiment within an industry looking to revitalize its top line. Domestic revenue came in at a record $11.9 billion, eclipsing the milestone set in 2016 ($11.4 billion) by 4 percent, Comscore announced Wednesday. According to the MPAA report, three-quarters of the population in the U.S. and Canada went to the movies at least once in 2018. In the case of Black Panther, the first Hollywood studio tentpole to feature a virtually all-black cast, the breakdown was: Caucasian (36 percent), Hispanic (18 percent), African-American (35 percent), Asian/Pacific Islander (6 percent) and Native American/Other (5 percent). THE HOLLYWOOD REPORTER is a registered trademark of The Hollywood Reporter, LLC. In this area of the site, you'll find over 2,000 pages of information detailing the changes that have shaped the industry. Figures released today in IFPI’s Global Music Report 2018 show total revenues for 2017 were US$17.3 billion. All rights reserved. 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