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posted by n1 on Thursday March 27 2014, @07:47PM   Printer-friendly
from the big-profit-means-even-bigger-losses dept.

Fluffeh writes:

The newest figures show that the industry remains healthy despite continued and over-simplistic rhetoric by the MPAA that the sky is falling for the movie business due to the effects of online piracy. In 2011 the MPAA released figures claiming $58bn in losses due to piracy. These figures were later discredited and appear to have been removed from the MPAA website.

The US/Canada box office for 2013 was $10.9 billion (up just 1 percent from 2012), this was led by blockbusters like The Hunger Games: Catching Fire and Iron Man 3. The meteoric rise of the international marketplace has driven the industry's massive profitability, which now constitutes 70 percent of all revenue, up from 64 percent in 2009. This brings industry revenue up to $35.9bn for last year.

 
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  • (Score: 1) by Rivenaleem on Monday March 31 2014, @04:09AM

    by Rivenaleem (3400) on Monday March 31 2014, @04:09AM (#23479)

    >Oh man, you really put your foot in it with that one, Mr Ignorant. There are only two countries where domestic films regularly outsell Hollywood shite - S Korea and India. Occasionally France will too, but that's not consistent. And S Korea has protectionist laws to help out their film industry.

    Those are 2 different statistics. Whether domestic films outsell Hollywood or not, is irrelevant as to who enjoys Hollywood more. Domestic movies typically have a lot less marketing power behind them and there are fewer of them overall.

    Here follows some made up numbers, just to display the point.

    If 60% of the movies watched in France are Hollywood, and 40% are Domestic, you might say they prefer Hollywood movies over local, and I wouldn't argue with that.
    However if 80% of movies watched in the US are Hollywood, and 20% are foreign, then you can say that Americans prefer Hollywood movies more than the French do.

    So you see, both points can be 'right' Americans can like Hollywood movies more than the French, while the French can like Hollywood more than Domestic.

    But I can see we're not going to agree on much of anything, so lets leave it at that.