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Total box office takings in the US stormed to a record high in 2012, with nearly $11bn paid by punters to see films. So much for piracy killing the Hollywood dream.
According to data published by Box Office Mojo, 2012 also saw a record number of films released in the US, with 655 titles battling for their share of the $10.8bn cash pile.
The money-making record would appear to support recent suggestions that piracy actually helps boost box office takings, with online word-of-mouth recommendations from illegal downloaders helping build hype for films and encouraging people to take a punt on something they’d usually avoid.
The key thing that’ll determine how vigorous the war on piracy remains is how downloads are impacting on DVD and Blu-ray sales. Sure, we might still go to see films for something to do especially on a Wednesday if someone’s got a free ticket going spare, but surely the main financial damage is caused when the HD rips hit the file sharing sites around disc launch time? [TorrentFreak]
“Sure, we might still go to see films for something to do especially on a Wednesday if someone’s got a free ticket going spare”
Does that impact box office takings? i.e. Do the cinema (or Orange) still pony up the cash to the distributor?
i think Orange pay a fair wedge for that level of sponsorship.. and even for the free ticket im sure the studio will want a %..
Those adverts make me want to eat an orange more than buy a phone from the useless wankers.
TBH i agree.. i even forgot they sell phones and thought that it was only Orange Wednesdays and nothing else.. Think they will call them EE Wednesdays now or maybe wEEdnEEsdays??
i go to the cinema to see the movies i really want to see, the others i either download or wait till its on tv.
so they dont lose money from me
I love that Ad you get now in the cinema about piracy, where all the seats are covered in cobwebs and people are dead etc.. and its all piracy.. NO NO its the f**king cost of a ticket and the popcorn that is killing Film (or not really as this shows) but if they cut the price i bet they would up their footfall and make more in the long run .. greedy tits!!
Totally agree. I’ve stopped going to the cinema a long time ago!!
For me its more the comfort of being able to watch movies at home. If it weren’t for the uncomfortable seats and the floors covered in unidentifiable sticky shit, I’d rather enjoy the odd date where the gf and I dont need to talk for 2-3 hours
Talking of TPB, just been on there and they have a dvd screener of The Hobbit. Everyone is going batshit downloading it, I think I’ll do the same
That’s because making films in 3D makes them harder to pirate and that’s why Hollywood loves it so much.
US Home video sales (DVD, BluRay, PayTV, VOD, Streaming) are down 25% to $18.5B in 2011 from $25B in 2006. Ticket sales peaked the year BitTorrent came out in 2002 and have been decreasing ever since, the blip increase in revenues is due to higher ticket prices.
yer.. but the downturn is cos there are only 3 good films a year tops and the rest are god awful shit!!
Also as ticket prices go up media prices go down, the cost of a good home Ent package with streaming etc.. is less than it was also things like Netflix are unlimited viewing levels so why rent or buy a DVD when you have 100s to choose from and one every day.. sales maybe less but what are the individual viewing numbers..?? Streaming is a great new tool that might just slow piracy down as its simple, the hold back now is licencing the media to be streamed. Blu-Rays and Dvds are rock bottom price now so the sales dont really turn a profit, i dont think this is so much because of piracy (as studies show pirates tend to spend more than non pirates) but simple because there are simpler options to getting hold of media, IE On Demand services.. but this is only what i think, i would need to read into it more to be sure..