CINEMA: World box office sales set record in 2016
The Motion Picture Association of America said Wednesday that the worldwide box office reached a record $38.6 billion in 2016, though international revenues were essentially stagnant. The MPAA’s annual report showed a global increase of 0.5% in ticket sales from 2015. The box office in North America hit a record $11.4 billion, although the increase of $300 million was due largely to rising ticket prices.