Hollywood’s Record Year

Hollywood took in a record $25.8 billion in worldwide ticket sales in 2006. “Global sales rose 11 percent from $23.3 billion on a U.S. rebound from a decline in 2005 and because of gains in Russia, Germany, France and Brazil. Sales last year were bolstered by a larger number of films and higher ticket prices. Studios, including small, independent filmmakers, released 599 new movies, up from 535 in 2005.”