Survey: Global movie spending up 2.1 pct in 2012
Published: January 22, 2013
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LOS ANGELES (AP) — Global spending on movies rose 2.1 percent last year to $62.4 billion, helped by increased theater attendance in China and growth in emerging markets as spending on discs continued to fall.
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That's according to research firm IHS, which released the results Monday.
Spending on movie theater tickets grew 7 percent to $33.4 billion, while rental or purchase of discs fell 3 percent to $23.7 billion. IHS says spending on digital delivery of home movies showed "strong growth," rising to $4.9 billion.
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