Showbiz Sandbox 176: Hollywood Unchained – 2012 Sets Another Box Office Record

January 7, 2013


Once again Hollywood raked in record earnings at the North American box office in 2012, though this time it wasn’t because of increased ticket prices.  In fact, both revenue and attendance were up nearly 6% during the year as 1.36 billion tickets were sold to set a new annual box office record of $10.8 billion.

Internationally box office receipts were off slightly.  After a string of years with record grosses, Hollywood movies raked in $13.5 billion outside North America.  The new year is looking up as well since nine films pegged as Oscar contenders are all still raking in big grosses.

The music business didn’t have such good news.  Album sales during 2012 declined 4.4% in the United States where Adele spent a second year at the top of the heap.  What’s noteworthy is that digital downloads outpaced physical album sales for the first time according to Nielsen SoundScan.

Of course, we also cover the week’s top entertainment headlines including the sale of Al Gore’s cable network, the rising ratings for Big Bang Theory and why YouTube is deleting views for music videos.


Coachella keeps Rolling Stones rumors moving along,0,7165357.story

Holiday Box Office: ‘Hobbit’ No. 1 With $32.9 Mil; ‘Django’ Easily Beats ‘Les Mis’ for No. 2

Record Year At Movie Theaters: $10.8 Billion

Global Growth Brings B.O. Role Reversal

Sony Pictures No. 1 in 2012 Worldwide Box Office Market Share

Producer’s Guild Film Nominations Revealed

WGA Award Nominations Announced

Senate Intelligence Committee To Probe Zero Dark Thirty’s CIA Access

Digital Retailers Now Account For The Majority of Album Purchases,0,60443.story

Irving Azoff Exits Live Nation, Will Retain Artist Clients,0,5264112.story

Warner Bros Settles Big “Smallville” Vertical Integration Suit

Andrew Sullivan and His Blog Exit Newsbeast

Andrew Sullivan Q&A at the New York Times

New Sony Patent Blocks Second Hand Games

Al Jazeera Said To Be Acquiring Current TV

Google Removes Two Billion Fake Views on YouTube

Gerard Depardieu’s New Russian Passport Comes With Free Russian Apartment

Big Bang Theory Hits Series High

E-Reader Market Shrinks Faster Than Many Predicted

Patrick Dempsey beats Starbucks, will pay $9.15 million for Tully’s,0,3638691.story

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