![]() The number of tickets sold from May through Labor Day was reportedly down 16 percent from 2016.Īs Bloomberg points out, there are other factors in play, too. Theater attendance in the US and Canada during the summer months, which saw releases like Baywatch, The Mummy, and the fifth installment of the Pirates of the Caribbean franchise, hit a 25-year low, according to the LA Times. ![]() Last year’s slump in domestic ticket sales can partly be attributed to a very poor turnout during the summer blockbuster season. As The Hollywood Reporter points out, global box office revenue hit a record $40 billion this year (an increase of 3 percent worldwide). But when you factor in international theater attendance, things look slightly less dire. The Hollywood Reporter estimates that attendance in North America could be at a 27-year low. The slump is part of an ongoing downward trend when it comes to domestic ticket sales. Even with higher ticket prices, domestic revenue also dropped 2.7 percent from last year, from $11.4 billion to $11.1 billion. Box Office Mojo estimates around 1.24 billion tickets were sold, a drop off of 5.8 percent from the previous year. Movie theater attendance in the US and Canada in 2017 fell to its lowest point since at least 1992, Bloomberg reports.
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