Domestic movie theater attendance hit a 15-year low in 2017
Movie theater attendance in the US and Canada in 2017 fell to its lowest point since at least 1992, Bloomberg reports. Box Office Mojo estimates around 1.24 billion tickets were sold, a drop off of 5.8 percent from the previous year. Even with higher ticket prices, domestic revenue also dropped 2.7 percent from last year, from $11.4 billion to $11.1 billion.
The slump is part of an ongoing downward trend when it comes to domestic ticket sales. The Hollywood Reporter estimates that attendance in North America could be at a 27-year low. But when you factor in international theater attendance, things look slightly less dire. As The Hollywood Reporter points out, global box office revenue hit a record $40 billion this year (an increase of 3…
