1 Updates
Hollywood Sets Summer Box Office Revenue Record
Photo Credit: ABC News Radio

Hollywood Sets Summer Box Office Revenue Record

Sep 3 2013, 6:36am CDT | by ABC News Radio

Jupiterimages/Thinkstock(NEW YORK) -- The Labor Day weekend signaled the end of a summer movie season that provided mixed results for Hollywood. On one hand, a record was set for summer box office...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Hollywood Sets Summer Box Office Revenue Record

Sep 3 2013, 6:36am CDT | by ABC News Radio

Jupiterimages/Thinkstock(NEW YORK) -- The Labor Day weekend signaled the end of a summer movie season that provided mixed results for Hollywood.

On one hand, a record was set for summer box office revenue, $4.7 billion, a 10.2 percent rise from last year and about $300 million more than the previous mark set in 2011.  In addition, attendance jumped 6.6 percent.

Then again, ticket prices were up 27 cents on average from the 2012 summer movie season, which at least partly explains the increase in revenue.  And it was only the 12th best summer movie season over the past 20 years in terms of actual number of tickets sold.

The highest-grossing movie this summer was Iron Man 3, which debuted in May and made over $400 million domestically. />/>/>/>

Hollywood.com box office expert Paul Dergarabedian notes that each of the top six summer films was either a sequel or a reboot: Iron Man 3, Despicable Me 2, Man of Steel, Monsters University, Fast & Furious Six, and Star Trek Into Darkness.

There were plenty of other big-budget films that were considered box office bombs, such as The Lone Ranger and the Will Smith-Jaden Smith flick After Earth.

Nevertheless, Dergarabedian says the summer movie season helped turned Hollywood's fortunes around./>/>/>/>

He comments, "The year started out really slowly, and in fact when we kicked off the summer with Iron Man 3, the year-to-date box office was down almost 11 percent versus last year.  And by the end of the summer, we pulled just ahead of year-to-date box office, so what a difference 18 weeks of the summer make."

Copyright 2013 ABC News Radio

Source: ABC News Radio

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

IPad Air Giveaway 2014 is Online
IPad Air Giveaway 2014 is Online
Our sister site I4U News is giving away a brand new iPad Air or if you can wait an iPad Air 2. This is an $499 value.
 
 
Most Popular TV Series of 2014
Most Popular TV Series of 2014
The most popular TV series released in 2014 include such incredible shows as True Detective and Fargo.
 
 
True Blood Arrives in its Wacky, Sexy Final Season
True Blood Arrives in its Wacky, Sexy Final Season
The vampire series True Blood has arrived in its wacky final season. Director Stephen Moyer and his wife Anna Paquin, who played Sookie, also pose 'Nude' for the cover of Entertainment Weekly.
 
 
Game of Thrones: Maisie Williams Discusses Last-Minute Changes in Season 4 Finale
Game of Thrones: Maisie Williams Discusses Last-Minute Changes in Season 4 Finale
Maisie Williams, who plays Arya in The Game of Thrones recently discussed some last-minute changes in the popular series.
 
 
 

Latest from the Network

Asian Games: Indian women's badminton team in quarterfinal
Incheon, Sep 20 (IANS) Indian badminton women's team Saturday entered the quarterfinal of the Asian Games after thrashing Macau 3-0 in their pre-quarterfinal tie at the Gyeyang Gymnasium here. For India, singles stars...
Read more on Sport Balla
 
'Fashion Police' will continue without Joan Rivers
'Fashion Police' is set to continue following the death of Joan Rivers. A new season of popular style series, which the late comedienne hosted for four years until her death earlier this month and is produced by her...
Read more on Celebrity Balla
 
Tim McGraw intimidates daughters' boyfriends
Tim McGraw enjoys intimating his daughters' boyfriends. The 47-year-old country singer - who has three children, Gracie, 17, Maggie, 15, and Audrey, 12, with wife Faith Hill - admits he isn't entirely comfortable with...
Read more on Celebrity Balla
 
Dylan Penn wants to be a director
London, Sep 20 (IANS) Model Dylan Penn, who is making her acting debut with "Condemned", aspires to be a screenwriter and director in future. In an interview to Vanity Fair magazine, Penn, daughter of Sean Penn and...
Read more on Celebrity Balla
 
Shweta shoots first medal for India, wins bronze
Incheon, Sep 20 (IANS) Shweta Chaudhry shot the first medal for India in the 2014 Asian Games after she won the bronze in the women's 10m air pistol at the Ongnyeon International Shooting Range here Saturday. Shweta,...
Read more on Sport Balla
 
China clinch first gold medal at Incheon Asian Games
Incheon, Sep 20 (IANS) Chinese markswomen Guo Wenjun, Zhang Mengyuan and Zhou Qingyuan won the women's 10m air pistol team event Saturday morning, the first gold medal at Asian Games. It was the fourth consecutive...
Read more on Sport Balla
 
Paltrow acquires new culinary skills
Los Angeles, Sep 20 (IANS) Actress Gwyneth Paltrow has added baking to her culinary skills by taking private lessons from top chef Zoe Loeb. The 41-year-old jumped at the chance to work with her long time friend Josh...
Read more on Celebrity Balla
 
Lille to stage 2014 Davis Cup Final
London, Sep 19 (IANS) The Stade Pierre-Mauroy in the French city of Lille will stage the Davis Cup World Group Final between France and Switzerland Nov 21-23. The tie will be played indoors under a retractable roof...
Read more on Sport Balla
 
Scottish First Minister resigns after defeat in referendum (Roundup)
Edinburgh, Sep 19 (IANS) Scottish First Minister Alex Salmond Friday announced his resignation after his Yes campaign's defeat in the independence referendum, Xinhua reported. Addressing a press conference broadcast...
Read more on Politics Balla
 
UN Security Council calls for international support against IS
United Nations, Sep 20 (IANS) The UN Security Council Friday urged the international community to "further strengthen and expand support" for Iraqi government in fighting Islamic State (IS) in Iraq and Syria. In a...
Read more on Politics Balla