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Hollywood Sets $10 Billion Box Office Record

kamikazearun sends in a TorrentFreak analysis that begins "Claims by the MPAA that illegal downloads are killing the industry and causing billions in losses are once again being shredded. In 2009, the leading Hollywood studios made more films and generated more revenue than ever before, and for the first time in history the domestic box office grosses will surpass $10 billion. ... [N]either the ever-increasing piracy rates nor the global recession could prevent Hollywood having its best year ever in 2009. With an estimated $10.6 billion in consumer spending at the US and Canadian box office, the movie industry will break the 2008 record by nearly a billion dollars."

3 of 276 comments (clear)

  1. HOME TAPING IS KILLING MUSIC!!!! by Anonymous Coward · · Score: 0, Redundant

    Wait, this the MPAA? Sorry, I get my robber baron Associations of America mixed up from time to time. Carry on.

  2. They will still blame the "pirates" by JavaBear · · Score: 0, Redundant

    Because they didn't make 20 billion.

  3. Re:Big Suprise! by uuddlrlrab · · Score: 0, Redundant

    No, really...

    I'm shocked.
    I am...

    Honest.

    I'm being super-cereal!

    --
    Odi profanum vulgus et arceo