Will 2017 Be Another Record Year at the Hollywood Box Office?
Hollywood is wrapping up another big year at the box office. As the year comes to a close, the domestic box office is on pace to set another new industry record just one year after topping $11 billion in domestic movie ticket sales for the first time ever.
2016's movie industry highlights include a monster year for Walt Disney, as the Mouse House set a new yearly global box office record, becoming the first studio to ever top $7 billion in worldwide ticket sales.
What should we expect in 2017? It may be too soon to predict a $12 billion box office next year, but there's certainly reason for optimism that 2017 can be Hollywood's third-straight record-breaking year.
" 2017 looks like a monster—not just for Disney, but for everyone, " Paul Dergarabedian, senior media analyst at ComScore, tells Fortune. Dergarabedian predicts that 2016 will end up outpacing 2015's record year by no more than 2% and that next year could see a different Hollywood studio dominate the box office. Every year, he says, there seems to be a sort of "passing of the baton" as one studio's massive year gives way to another of the major Hollywood production houses.
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