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box office


A box office is a place where tickets are sold to the public for admission to a venue. Patrons may perform the transaction at a countertop, through an unblocked hole through a wall, or at a wicket. The term is often used, especially in the context of the film industry, as a synonym for the amount of business a particular production, such as a film or theatre show, receives.

Usage


Box office business can be measured in terms of the number of people who see it or the amount of money raised by ticket sales (revenue). The projection and analysis of these earnings is very important for the creative industries and often a source of interest for fans.

Some complain that industry focus on profit has diminished the attention given to film as an art form. However, analysis of the financial success of films is very influential for the production and funding of future works.

There are numerous websites that monitor box-office receipts and profits, such as ShowBIZ Data and Box Office Mojo. For a list of films which are major box-office hits, see List of highest grossing films.

On average, the movie's distributor receives more than half of the revenue, with the remainder kept by the movie theater. The split varies from movie to movie, and the percentage for the distributor is generally higher in early weeks. Usually the distributor gets a percentage of the revenue after first deducting a "house allowance" or "house nut". It is also common that the distributor gets either a percentage of the gross revenue, or a higher percentage of the revenue after deducting the nut, whichever is larger. .

Box office slump


A box office slump is an ongoing occasion in which all major theatrical movies fail to meet expectations at the box office. The longest North American box office slump on record started in March 2005 and ended on July 10, 2005.

It is often debated of what causes a decrease in year-by-year box office revenues. Growing ticket prices as well as the rise of the home market in recent decades may be a bit of a factor, but it is usually caused by an insufficient amount of rather interesting movies, especially when compared with the year before. Although they happen every now and then, slump years are known to take place right after a certain number of boom years. The most notorious North American box office slumps of modern times took place in 1980 (-2%), 1985 (-7%), 1991 (-4.5%) and 2005 (-6.2%). However, that is only taking into account the year-by-year rise in ticket prices, and the drop in ticket sales are more recurrent than the decline in yearly revenues, although they are most severe during slump years. Examples of declines in ticket sales are found in 1980 (-9%), 1985 (-11.9%), 1986 (-3.7%), 1990 (-5.9%), 1991 (-4%), 1995 (-2.3%, 2000 (-3%) and tickets sales experienced a steady decline starting in 2003 (-3.5%), until a minor recovery took place in 2006 (+ 1.4%).

But nevertheless, a slump year is also known to deliver some of the most successful films of modern times. Films like the , Back to the Future, and led the North American box office charts of their respective years by significant margins, as well as taking enormous grosses with them.

Colloquialism


The term box office comes from Middle Ages, when patrons would pay into a box at a gate to get into the theatre, then pay again to get into better seats. Afterwards the payment boxes would be brought to the "Box Office" for counting and security.

List of box office websites


Box Office Mojo
Box Office Prophets
ShowBIZ Data
The Numbers

See also


Box office bomb
Box office slump
List of U.S. box office bombs
List of biggest opening weekends
List of highest grossing films
Will call

External links


ShowBIZ Data
Box Office Fanatic
Box Office Magazine
attheBoxOffice.com
Box Office Mojo
Box Office Psychic
Box Office Prophets
Box Office (U.S.A. and Spain)
Movie Marshal (Australia)
Indian Box Office - IBOS
The Box Office Junkie
The Movie Times
The Numbers
Wildbill's Movie Ratings
Box Office India
Box Office France
Box Office Headquarters - Box Office HQ

   
   
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