The domestic box office reached a record high in 2018, with $11.9 billion in tickets sold. But overseas, receipts were less stellar, dropping to $29.2 billion.
.” The number of tickets sold rose 5% to 1.3 billion in 2018 but is still down from the highs seen a decade ago.
“Box office receipts and attendance rebounded in a big way after a lot of doom and gloom talk in 2017, confirming yet again the enduring importance of moviegoing in our culture,” Fithian said. Netflix in January joined Disney, Fox, Warner Bros., Universal, Sony and Paramount in the organization, whose duties include advocating legislation, fighting piracy and assigning parental-guidance ratings to feature films. The decision was seen as a coming-of-age moment for the company, which has sometimes gone to blows with cinema owners because of its resistance to traditional theatrical releases.
In a news conference after the presentation, Fithian addressed questions about exhibitors’ plans to expand in Saudi Arabia, which lifted a 35-year ban on movie theaters in late 2017. That move spurred deals with exhibitors including AMC Theatres and Vue.
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