“Certainly increased ticket prices powers higher revenue, but the gains this year are not just in terms of a rising dollar,” Dergarabedian told CNN Business. Paul Dergarabedian, senior media analyst at Comscore, believes that there’s more than just inflation at work this year. In 2016, the film industry raked in $11.4 billion, but that achievement came with a bit of an asterisk since the record numbers could be attributed, in part, to a rise in ticket prices rather than more foot traffic at theaters. “We’ve seen so much momentum up to this point that it would probably take an unpredictable outside force to prevent a new record,” he said. “ Halloween,” “ A Star Is Born” and “A Quiet Place” all exceeded expectations at the box office, making it an endless summer at the cineplex.Ī year round blockbuster schedule has been a growing trend in Hollywood, but other factors such as diversity and the popularity of movie subscription services such as MoviePass has really helped put 2018 over the top.ī chief analyst Shawn Robbins told CNN Business that he would be “shocked” if 2018 didn’t turn out to be a banner year for the box office. It wasn’t just comic book movies, either. “Black Panther,” “ Avengers: Infinity War” and “ Venom” all set records at the box office, and did so in February, April and October, respectively. The hits came all year in 2018 and not just during the summer blockbuster months like most have in the past. And there are still several months left in 2018. The US box office is on track to break records this year, crossing the $10 billion mark faster than ever before.īig films like Marvel’s “ Black Panther” and surprise hits like “ A Quiet Place” have so far contributed to the massive domestic box office haul, which is 10.5% ahead of last year and 5.7% ahead of 2016’s record year, according to ComScore.
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