Movie Rentals Soar To Record In 2006

Worldwide movie theatre rentals “soared 20.9% to $7.95 billion in 2006, setting a record for the six MPA companies by beating 2004’s $7.48 billion. The returns highlight the industry’s comeback from 2005’s year of the slump that saw rentals dip to $6.57 billion. Rental revenue in 2006 was equally divided between the domestic and foreign markets, with the U.S. accounting for $3.970 billion and the international market, including Canada, for $3.976 billion.”