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2017's Movie Ticket Sales Were the Lowest in 25 Years

2017's Movie Ticket Sales Were the Lowest in 25 Years
From Slashfilm - January 3, 2018

Were stillbasking intherejuvenatingcleanse of the new year and looking forward to the future,butfolks who work for major movie theater chainshave to contend with a statistic today thats so sobering that itmayshock that refreshing new year feeling right out of them. According to Box Office Mojo, movie ticket sales in 2017 were the lowest theyve been since 1992. That means theaters sold fewer tickets last year than in the past25 years clearly a troubling trend for exhibitors. Will the films of 2018 continue that trend, or provide a much-needed uptick in sales?

The sitereports that 1.239 billion movie tickets were sold between January 1, 2017 and December 31, 2017, which is down from the 1.315 billion that were sold in 2016. The average number of tickets sold over the past 25 years is 1.422 billion, but its notparticularly surprising that the sheer number of ticket sales has decreased since the early 90s. There are far more entertainment options out there for consumers to choose from now than there were back then. (Just to give you a sense of how long ago were talking about here,Aladdin was the biggest movie of the year in 1992.)

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