Friday, March 27, 2015

http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-mpaa-report-20150311-story.html

The article I read is about how Hollywood's box office foreign revenues increased thanks ticket sales in China and other Asian markets. "more people than ever before around the world are going to their local cinemas to see movies made by filmmakers in the United States and all around the globe,” According to the article,"China generated $4.8 billion in ticket sales last year, according to the MPAA report."
I  chose this article because I thought it was interesting that last year, at home, Hollywood's box office revenue decrease as opposed to previous year; meanwhile in foreign markets it managed to generate more than previous years. This is important because he can see that the industry is becoming more and more popular around the world and more and more people are willing to go out an see film in theaters in other places of the world than the United States. As a filmmaker this shows me the interest in the industry is increasing worldwide. As a consumer this shows me that people in other countries are more interested in the industry than we are and if we do not do something to change that, we could loose Hollywood to another more interested place. 

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