World Map / Photo Credit: Maps of World
WHAT IS A BOX OFFICE TERRITORY? (In the Entertainment industry.)
What is a box office territory?
A box office territory, in context of the film industry, ranges from a single country to a grouping of countries for reporting box office gross ticket sales. This is distinct from dependent territories, though such territories under a country's administrative control may confuse box office revenue and reporting due to data variously including or excluding them.
Background
In box office parlance, "North America" is a territory that comprises the United States and Canada, despite there being 23 countries within the geographical definition of North America. In context of the box office, North America is currently considered the territory with the largest gross. Kelly Crabb wrote in her 2005 book The Movie Business that it has traditionally represented the largest "source of revenues" and also has had "the world's most important" film distribution companies located in it.
China is considered the second largest territory, and The Hollywood Reporter said in 2016 that it is expected to surpass North America in the near future. In September 2017, China's State Administration of Press, Publication, Radio, Film and Television predicted that China would surpass North America in 2020 as the number-one box office territory. In the following October, The Observer reported, "Double-digit growth puts China back on pace to overtake North America as the No. 1 box office territory in the world within the next few years." In April 2018, Variety reported, "It has frequently been predicted that the film business in China would overtake North America's. But many forecasters got their timing wrong when more than a decade of unbroken Chinese growth stalled between mid-2016 and mid-2017." After China's box office grew 9% in 2018 compared to 13.5% the year before, Variety reported of China surpassing North America, "The uneven growth of recent years has undone numerous past forecasts of when that might happen." Reuters reported that despite the second ranking, "[China] already has more total movie screens [than North America] after years of rapid expansion in theater networks."
Japan was originally the second-largest box office territory before it was surpassed by China in 2011. In 2013, the next three largest territories were the United Kingdom, France, and India, and by 2017, South Korea became the sixth largest box office territory and close to France's rank as fifth.
The box office territory of the United Kingdom comprises the UK and Ireland. Malta's box office is added to the UK and Ireland total by at least one data provider. The countries of Belgium, the Netherlands, and Luxembourg, together known as Benelux, are sometimes treated as a single box office territory, although the data is also reported separately for each country by some data providers.
Mexico, whose box office gross is reported separately from the "North American" data, is the top box office territory in Latin America.
Territories by rank
Further information: Film industry § Statistics
In terms of gross revenue, the following box office territories are the top seven in the world, as of 2017 (see Film industry statistics).
- North America
- China
- India
- Japan
- United Kingdom
- South Korea
- France
References & Credits: Google, Wikipedia, Wikihow, WikiBooks, Pinterest, IMDB, Linked In, Indie Wire, Film Making Stuff, Hiive, Film Daily, New York Film Academy, The Balance, Careers Hub, The Numbers, Film Maker, TV Guide Magazine, Blurb, Media Match, Quora, Creative Skill Set, Chron, Investopedia, Variety, No Film School, WGA, BBC, Daily Variety, The Film Agency, Best Sample Resume, How Stuff Works, Studio Binder, Career Trend, Producer's Code of Credits, Truity, Production Hub, Producers Guild of America, Film Connection, Variety, Wolf Crow, Get In Media, Production Beast, Sony Pictures, Warner Bros, UCAS, Frankenbite, Realty 101, Careers Hub, Screen Play Scripts, Elements of Cinema, Script Doctor, ASCAP, Film Independent, Any Possibility, CTLsites, NYFA, Future Learn, VOM Productions, Mad Studios, Rewire, DP School, Film Reference, DGA, IATSE, ASC, MPAA, HFPA, MPSE, CDG, AFI, Box Office Mojo, Rotten Tomatoes, Indie Film Hustle, The Numbers, Netflix, Vimeo, Instagram, Pinterest, Metacritic, Hulu, Reddit, Locations Hub, Film Industry Statistics,
THIS ARTICLE IS FOR INFORMATIONAL PURPOSES ONLY. THE INFORMATION IS PROVIDED "AS IS" AND BRUCE BISBEY MAKES NO EXPRESS OR IMPLIED REPRESENTATIONS OR WARRANTIES, INCLUDING WARRANTIES OF PERFORMANCE, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE, REGARDING THIS INFORMATION. BRUCE BISBEY DOES NOT GUARANTEE THE COMPLETENESS, ACCURACY OR TIMELINESS OF THIS INFORMATION. YOUR USE OF THIS INFORMATION IS AT YOUR OWN RISK. YOU ASSUME FULL RESPONSIBILITY AND RISK OF LOSS RESULTING FROM THE USE OF THIS INFORMATION. BRUCE BISBEY WILL NOT BE LIABLE FOR ANY DIRECT, SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES OR ANY OTHER DAMAGES WHATSOEVER, WHETHER IN AN ACTION BASED UPON A STATUTE, CONTRACT, TORT (INCLUDING, WITHOUT LIMITATION NEGLIGENCE) OR OTHERWISE, RELATING TO THE USE OF THIS INFORMATION.
World Map / Photo Credit: Maps of World
No comments:
Post a Comment