Wednesday, August 17, 2016

What's Behind China's First Scary Box-Office Slump

The world's second-largest film market experienced its first year-over-year decline in more than half a decade, with ticket sales dropping 18 percent for the month of July.

The Chinese box office is suffering its first big ticket-buying slump since the Mainland market exploded five years ago — and Hollywood is trying to figure out whether to be alarmed. During the second quarter, the market shrank 4.6 percent compared with 2015 after a steady 50 percent growth rate .... http://www.hollywoodreporter.com