News Update :

Movie-going declines in Eurozone

Saturday, June 23, 2012

UK: Cinema attendances are falling in some of the hardest-hit Eurozone countries, according to industry journal Variety. Having declined by 10% in 2011, Italy’s box office returns were down 12% between January and June this year to $372 million (£237.5m).

Spain tells a similar story. Its takings are also 12% down so far this year, having dropped by 2.7% in 2011.“Two years of decline is not healthy,” said David Hancock, senior film analyst at IHS Screen Digest.

“In fact, it does not happen very often in European or even worldwide box offices.”

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