February 3, 2014
Thanks to surging theatrical grosses in countries such as Brazil, China, India, Mexico and Russia, the international box office more than doubled North American earnings in 2013, topping out at a record $25 billion. Though Hollywood studio content continues to dominate globally, receipts for local productions are beginning to play a more significant role in many markets. We provide a breakdown of the annual box office for of all the major territories and explain why some fared better than others.
Speaking of breaking records, the telecast of this year’s Super Bowl between the Seattle Seahawks and the Denver Broncos had an audience of 112 million viewers. That makes it the most watched television show in U.S. history. As is often the case, the commercials proved more interesting than the game.
Last week the industry also mourned the tragic death of Oscar winning actor Philip Seymour Hoffman from what appears to be a drug overdose. Unfortunately, obit writers were also kept busy with the passing of folk musician Pete Seeger, studio executive Tom Sherak and legendary animator Arthur Rankin Jr.
Of course, we also cover the week’s top entertainment news stories including an Oscar nomination for Best Song gets rescinded, “Back to the Future” is being turned into a Broadway musical and Disney plans to reboot Chip ‘n Dale.