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entertainment

Domestic Movie Ticket Sales Slide as Online Video Soars

By
Matt Pressberg
· · Source: MPAA

Just 1.24 billion movie tickets were sold in the U.S. and Canada last year, down 6% year-over-year and the fewest since 1995, according to a new report from the Motion Picture Association of America . At the same time, spending on online subscription video services like Netflix jumped 28% in the U.S. compared with 2016. The global box office rose 5% to hit a new high of $40.6 billion, but that...

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