2011's Total Domestic Box Office Falls Short of 2010's Tally
on December 29, 2011
Most exhibitors will tell you that the movie business is cyclical. With that in mind, there's no reason to panic about 2011 being a down year at the domestic box office.
2011 was behind in a big way from the very beginning. 2010 benefited immensely from the fact that Avatar, a film released in December 2009, made more than $380 million during the calendar year. Since an Avatar-level blockbuster doesn't happen every year, it's no surprise that 2011 simply wasn't able to catch up.
While there were plenty of duds released in 2011, it's unfair to label a year that produced three billion-dollar worldwide hits—Pirates of the Caribbean: On Stranger Tides, Transformers: Dark of the Moon and Harry Potter and the Deathly Hallows: Part 2—as a complete disappointment.
Without further ado, here are the estimated stats:
January 1 - December 31, 2011: $10,180,000,000
January 1 - December 31, 2010: $10,570,500,000
Total Decrease: $390,500,000, -3.7%
Estimated Attendance Decrease: 4.5%
Additional reporting by Daniel Garris