Not exact matches
Bakish is focused on turning around the business after years of falling
domestic ad
revenues and poor ratings as younger viewers increasingly watch content online, while Paramount has suffered from a lack of
box -
office hits.
Heading into the weekend, Warner Bros. was in fifth place in
domestic ticket sales among the major studios, with
revenue of $ 235 million, according to
Box Office Mojo, another researcher.
China's
box office revenue is still swelling at double - digit rates after years of breakneck growth and, with Hollywood know - how and bigger budgets, Chinese movies are gaining momentum as they find ways to play on
domestic themes and improve production quality.
U.S. («
domestic»)
box office comprises a shrinking portion of overall
revenue.
Theatrical distribution — the other big - ticket studio
revenue stream — has also seen better days, declining for the second straight year, with the
domestic box office finishing 2011 with about $ 10.17 billion — off from $ 10.56 billion in 2010.