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Billion Dollar Box Office Seems Recession Proof In January

As the entire world continues to experience a global economic meltdown, those of us living in North America have apparently decided to throw some financial support behind one of our leading exports; movies. Box office tracker Media By Numbers is reporting that January’s box office figures top…

Cinemas: “Recession? Bring it on!”

Recession is now a fact, but cinemas appear fairly nonplussed. Is this wishful thinking or actually born out by past experience? The UK’s The Guardian seems to think the latter, pointing out that box office takings rose in five out of the last seven recessions in the US: “Hollywood gets…

Indian Box Office Is Booming

Thanks to lurid exposes like the one which appeared in the December 22nd issue of The Economist most westerners probably think of India as a crowded and impoverished country filled with 1.1 billion people living in slums and working for miniscule wages. What they might find hard to believe, despite…

Hollywood Rules India (For One Weekend)

For one weekend out of 52, Indian cinemas look like those in almost every other non-US territory dominated by Hollywood films. There were no less than five studio titles opening this past Friday: I Am Legend, 30 Days of Nights, 1408, The Heartbreak Kid and Air Buddies, with just one Hindi film (Hitc…

LA Times: ‘Golden Compass’ South of Blockbuster Status

In their weekly box office prognositaction column today, Movie Projector, the Los Angeles Times is predicting that the holiday season’s first tent pole release, ‘The Golden Compass‘, will finish its opening weekend in less than blockbuster condition. They may not be far from wrong…