December 16, 2005
Domestic revenues at movie theaters may fall below $9 billion for the first time since 2001 after averaging $9.3 billion over the last three years. Factoring in higher admission prices, the number of tickets sold is expected to finish at about 1.4 billion, the lowest since 1997.
Before Thanksgiving, attendance had been running 8 percent behind 2004's. Huge crowds for "Harry Potter and the Goblet of Fire," the fourth installment of the boy conjurer's adventures at Hogwarts School of Witchcraft and Wizardry, helped to whittle that deficit down to 7.3 percent by early December, according to box-office tracker Exhibitor Relations.
Even with the last-minute surge from two other fantasy epics, "King Kong" and "The Chronicles of Narnia: The Lion, the Witch and the Wardrobe," movie attendance likely will be down 6 percent or more for the year.
That marks the largest drop since admissions fell 12 percent in 1985.
Souce: New York Daily News
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