Hollywood
China fuels record global box-office revenue in 2014: MPAA
MUMBAI: China’s fillip in ticket sales saw the Hollywood box office touching a new high in 2014.
The Motion Picture Association of America, Inc. (MPAA) released its annual Theatrical Market Statistics Report for 2014, which shows that global box office receipts for all films released around the world reached $36.4 billion in 2014, an increase of one per cent over the previous record in 2013.
Growth continued to be driven by a dramatic expansion in the Asia Pacific region, which was up by 12 per cent overall, including China, which jumped 34 per cent and became the first international market to exceed $4 billion in box office ($4.8 billion total). The global growth occurred despite a drop in the US/Canada box office, which at $10.4 billion was down five per cent.
“In the past few years, more people than ever before around the world are going to their local cinemas to see movies made by filmmakers in the United States and all around the globe. This is not just an American story of success, but a worldwide story about the value of craft, creativity and the importance of a story well told. We tell stories that transcend borders and transform individual experiences into shared ones. 2014 was a strong year, and 2015 is starting out tremendously, with box office in the US/Canada up 11 per cent in the first two months of this year,” said MPAA chairman and CEO Senator Chris Dodd.
Additionally, the report showed that films released in the US/Canada by MPAA member studios increased for the first time in five years, reaching 136 in 2014. Total films and total films released by non- MPAA member studios also increased from 2013 (up seven per cent and five per cent, respectively).
In the US and Canadian marketplace, more than two-thirds of the population (68 per cent) – or 229.7 million people – went to a cinema at least once in 2014, comparable to the previous year. Frequent moviegoers who go to the cinema once a month or more continue to drive the movie industry, accounting for 51 per cent of all tickets sold.
Hollywood
Disney chair confident CEO Josh D’Amaro will ‘rise to the occasion’ in Trump–Kimmel row
Board backs new chief as ABC controversy tests leadership early on
NEW YORK: The Walt Disney Company has placed the responsibility of handling the escalating dispute between Donald Trump and late-night host Jimmy Kimmel squarely on its new chief executive, Josh D’Amaro.
Speaking at a business conference in Oslo, Disney chair James Gorman said it would be up to the CEO and his team to determine the company’s response to the controversy surrounding Jimmy Kimmel Live!. He noted that such challenges are not uncommon for large corporations and require careful handling at the leadership level.
The row intensified after both Donald Trump and Melania Trump publicly called for Kimmel’s dismissal following remarks made on his show. The comments, which referenced the First Lady, sparked backlash in the days leading up to a security incident at the White House Correspondents’ Dinner.
Kimmel addressed the issue on-air, clarifying that his joke was intended as a reference to the couple’s age difference and not an incitement to violence. He also expressed sympathy for those affected by the incident and reiterated his stance against violent rhetoric.
Despite mounting pressure, Gorman refrained from offering specific guidance on the future of the show or the host. Instead, he voiced confidence in D’Amaro’s leadership, describing him as “world class” and capable of navigating the situation effectively.
The episode presents an early and high-profile test for D’Amaro, who stepped into the top role just last month. How Disney balances editorial independence, public sentiment and political pressure will likely shape not just the outcome of this controversy, but also the tone of its leadership in the months ahead.
