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Friday, 23rd March 2012
In Japan Entertainment News,

Japan propping up world box office

The popularity of cinema is Japan is helping support the global film industry as box office takings in the west continue to fall amid increasing piracy.

New figures from the Motion Picture Association of America (MPAA) show that, outside the US and Canada, Japan is the world's biggest box office.

In 2011, Japanese box offices took $2.3 billion through all films shown at its cinemas.

Second to Japan is China, where takings of $2 billion were up a staggering 35 per cent on 2010 levels.

While in the US and Canada box office takings slid down four per cent, the performance of Japan, China and other international markets including the UK, India and South Korea led to a seven per cent increase outside America.

The figures show that since 2007, box office takings in the US and Canada have risen by six per cent, while internationally it has increased 35 per cent during the same time framce.

Chairman and chief executive officer at the MPAA, former US senator Chris Dodd, commented: "The bottom line is clear: people in all countries still go to the movies and a trip to the local cinema remains one of the most affordable entertainment options."