Box Office Slump 2011: Ticket Sales Drop to 16 Year Lows, Worldwide Amounts Increase

For Hollywood this year, it had been the very best of occasions and also the worst of occasions. Worldwide, the film business was flourishing: based on estimations, galleries gained $13.53 billion overseas this year, a rise of six to eight percent from 2010 along with a new all-time record. Regrettably, that success did not extend to U.S. shores: ticket sales dropped to at least one.28 billion this year, the cheapest total since 1995. Thank heavens for elevated prices and three dimensional taxes! Due to the greater costs, revenue this year is only going to dip 3.five percent where it had been this year ($10.2 billion from $10.58 billion), but that also does not show a business in certain distress. This is the seventh straight year that ticket sales have rejected because the a lot of 2003 (which was the entire year 'Lord from the Rings: The Return from the King,' 'Finding Nemo,' and 'Pirates from the Caribbean' ruled this area office). Based on the La Occasions, total box-office per film dropped some 13 percent this year, because -- as research signifies -- individuals are very likely to hold back for movies hitting DVD and video on-demand services. "More youthful those who are image-conscious don't wish to discuss movies which are per week old," stated Ben Carlson, leader of social networking research firm Fizziology towards the Occasions. "If you do not begin to see the movie at this first moment, then your need to view it starts to fall away." Obviously, the films themselves may be blamed. The very best seven films in the box office this year -- 'Harry Potter and also the Deathly Hallows Part 2,' 'Transformers: Dark from the Moon,' 'Breaking Beginning Part 1,' 'The Hangover Part II,' 'Pirates from the Caribbean: On Stranger Tides,' 'Fast Five' and 'Cars 2' -- were sequels, while 'Thor,' 'Rise from the Planet from the Apes' and 'Captain America' rounded the list, films that could hardly be known as originals. Might U.S. audiences be revolting against unoriginality? Regrettably, it in all probability will not matter: with foreign grosses overflowing and ticket prices rising, it appears the domestic moviegoer is of less concern than in the past -- something the 2012 release calendar, filled with sequels, prequels and reissues, appears as one example of. Why did not put forth the films this season? What movies are you going to see together with your disposable earnings in 2012? Tell us within the comments below and be a part of our anticipation poll! What\'s Your Most Anticipated 2012 Movie?The Hunger GamesThe Dark Dark night RisesThe AvengersThe HobbitThe Amazing Spider-ManDjango UnchainedThe Great GatsbyThe Twilight Saga: Breaking Beginning Part 2Pixar's BraveOtherVote [via LAT, THR] [Photo: Warner Bros.] 5 Explanations Why You Aren't Visiting the Movies See All Moviefone Art galleries » Follow Moviefone on Twitter Like Moviefone on Facebook