Back in December, in TCS Daily, I looked at the large drop-off in Hollywood’s 2005 domestic box office revenue. The AFP wire service notes how America’s turning away from the movies has had a global impact:
Hollywood movie ticket sales around the world dropped by 7.9 percent last year to 23 billion dollars, with the US box office accounting for nearly 40 percent of the haul, a study showed.
Movie ticket receipts in North America dipped by six percent in 2005 to nine billion dollars, according to a study by the ratings statistics firm Nielsen Entertainment/NRG that comes as movie-goers increasingly stay out of cinemas.
Meanwhile, Evan Coyne Maloney notes that in England, Internet usage has exceeded television viewership.
It’s like mass media’s become a niche market, or something!