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
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
Irving Azoff Exits Live Nation, Will Retain Artist Clients
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
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What Could Have Entered The Public Domain on January 1, 2013