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Worldwide cinema takings fall 9%

By Indiewire | Indiewire March 15, 2006 at 11:59AM

International film box office revenues fell by nine per cent in 2005, according to a US movie industry body. The Motion Picture Association of America said only four films made more than $300 million outside the US, compared with seven in 2004. Chief executive Dan Glickman blamed the decline on drops in key markets such as Germany and Japan. A run of blockbuster sequels and animated films would bring success in 2006, said Glickman. Speaking at the ShoWest cinema conference, Glickman said the international box office would grow by 12% by 2011, due to rising markets such as China and Russia. BBC reports.
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International film box office revenues fell by nine per cent in 2005, according to a US movie industry body. The Motion Picture Association of America said only four films made more than $300 million outside the US, compared with seven in 2004. Chief executive Dan Glickman blamed the decline on drops in key markets such as Germany and Japan. A run of blockbuster sequels and animated films would bring success in 2006, said Glickman. Speaking at the ShoWest cinema conference, Glickman said the international box office would grow by 12% by 2011, due to rising markets such as China and Russia. BBC reports.