Hollywood’s Tough Year

“The decline in home movie sales comes after a fallow year at the box-office. Despite the success of the latest Transformers, Harry Potter and Pirates of the Caribbean movies – which each grossed more than $1-billion worldwide – total ticket sales fell by 4.5 per cent, although the decline was slightly offset by higher ticket prices. Revenues from ticket sales fell $390-million to $10.2-billion, a fall of 3.7 per cent on 2010, according to BoxOffice.com, which tracks box office performance.”