Monday, July 25, 2005

Show me the money

Indie lovers, you've been reading about how Hollywood box office numbers have been tanking yes? And yet, this report appears in Slate.com:
"Instead of a box-office decline, the studios actually took in more from the U.S. box office in the first quarter of 2005 ($870.2 million) than they did in the similar period of 2004 ($797.1 million). So even though the total audience at movie theaters declined during this period, this came mainly at the expense of independent, foreign, and documentary movies. For the Hollywood studios (and their subsidaries), in fact, there was no slump at all."

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