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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


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Posted by on January 4, 2006 8:35 PM
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