US 3D Movie box office sales hit new low

US 3D Movie box office sales hit new low

 “Box office revenues for 3D films in the U.S. and Canada fell 18% in 2017 to $1.3 billion, according to a new report by the Motion Picture Association of America. That’s the worst showing in eight years, and a steep drop off from the $2.2 billion in revenues generated by 3D films in 2010, the year when “Avatar” generated a substantial amount of its box office grosses and helped kick off a revival of the format.

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The declines accompany a larger drop in the domestic box office. Overall revenues fell roughly 2% in 2017 to $11.1 billion. The foreign box office, however, grew, hitting a record $40.6 billion.”

 

-Variety  

Editors Note: 

The demand for 3D from markets outside of the US is still strong . Overall the US box office demand is low . See this other article from Variety 

 

“Higher ticket prices helped cushion declines in the U.S. attendance. Stateside admissions, the industry term for the number of tickets sold, dropped 6% to 1.24 billion — a steeper fall than the drop in revenues. It is also the lowest admissions level since 1995. “

 

 

It’s important to see the bigger picture and see how overall box office trends are going. It’s not just 3D that is struggling to grow, but the overall the US box office is struggling too . 

 

Sources : Variety 1  and Variety 2