Study Confirms That Hollywood Movies Still Thrive During Tough Times
Posted by Donovins Brain at 6:02 PMAccording to SNL Kagan (www.SNLKagan.com)'s recent study, "Economics of Motion Pictures (http://www.snl.com/media_comm/datasets/_Economics_of_Motion_Pictures.asp)," theatrical box office revenues hit a gross record of $9.67 billion domestically in 2007, besting the previous mark of $9.29 billion set in 2002.
SNL Kagan's "Economics of Motion Pictures" analyzes all films released on 1,000 or more screens from 2003 to 2007, providing 10-year pro forma models based on genre and budget range, with varying distribution structures. Included are detailed costs for action, animation, comedy, drama, family, horror, romance, sci-fi/fantasy and thriller films.
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