In The New York Times today, Lorne Manly examines the infamous box office slump of 2005, finding that while theatrical grosses may be down from last year, over all the Hollywood studio business is healthy:

In an age of hundreds of cable channels, video games and other distractions, the domestic box office so far this year is down about 6 percent from the same time period in 2004, and off from 2003 and 2002 levels. But the money flowing into the coffers of movie studios is greater than ever.