Sign Up for the Daily Filmfodder Newsletter       

Movie News

2005 in Postmortem

Bloomberg has an article about the year that was 2005 and what it held for the movie industry. When all the dust settled, the box office take in 2005 was $8.95 billion. This was a decrease of 5.2% despite the fact that tick prices rose 2%. It's a big loss, in that the industry hasn't had a contraction that big since 1991.

I couldn't really find a connection between 1991 and 2005. There's no glaring pattern in the type of films that were released. I can only find some slight correlations outside of the industry. Both years experienced an uptick in the general economy, and a rise in the Dow Jones after a slump. Both years included a military action in the Persian Gulf, with a focus on Iraq.

While I'm not willing to blame the down-tick directly on the world and economic events, I am willing to believe that consumers had more on their minds in 2005 and 1991 then they have in years past. --Terrence Ryan

Posted by on January 4, 2006 8:35 PM
Permalink | Email to a Friend | Add to | Digg This

More Recent Stories:
Ten Best Films of 2007
Utah Film Critics Praise “No Country”
Detroit Critics Name “No Country” Best Film
Hudson, Latifah and Okonedo have a “Secret”
Raimi Returns to Horror With “Hell”
Phoenix Critics Pick “No Country” as Year’s Best
Affleck to Replace Norton in “State of Play”
Peter Jackson to make "The Hobbit"
McGregor and Carrey to Share On-Screen Romance
Dallas Critics applaud "No Country for Old Men"