Domestic Economy
0

Box Office Earnings Rise 25% to $19 Million

Box Office Earnings Rise 25% to $19 Million
Box Office Earnings Rise 25% to $19 Million

Iran's box office earnings during the first nine months of the current Iranian year (March 21-Dec. 21) stood at 2.51 trillion rials ($19.32 million) to register an increase of 517.27 billion rials ($3.97 million) or 25.93% compared with last year’s similar period.
A total of 59 movie titles were released in Iranian theaters and 21.89 million people went to the movies during the period, according to data published in www.panel.cinemashahr.ir--the Iranian cinema’s official box office website providing detailed information on earnings. The outlet became operational on Feb. 25, 2019.
The number of moviegoers witnessed a year-on-year decline of 3.76% during the period.
The average cinema ticket prices stood at 114,709 rials ($0.88), noticeably up by 27,046 rials ($0.2) or 30.85% year-on-year.
The above figures indicate that the rise in box office earnings stems from the increase in ticket prices and not the number of moviegoers.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com