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article imageReport: Figures suggest summer movie attendance lowest since 1993

By Andrew Moran     Sep 4, 2012 in Business
Beverly Hills - The summer has unofficially ended so how well did the movie box office perform in the last few months? According to preliminary box office estimates, the attendance figures are down and are the lowest in nearly two decades.
This summer, moviegoers saw the “epic” end of Christopher Nolan’s Batman saga, an ensemble of Marvel characters, director Ridley Scott’s return to the sci-fi genre, two massive budget pictures flop and the reboot of Spider-Man.
Although some of the pictures saw huge returns on their investments – “The Dark Knight Rises” and “The Avengers” raking in an international box office total of more than $2.5 billion – overall summer attendance and revenues are down.
The Hollywood Reporter published a report that consisted of preliminary numbers and it concluded that total summer revenue fell and total summer attendance in North America was at its lowest level since 1993 – the year that included Steven Spielberg’s “Jurassic Park” and “Schindler’s List” and the Harrison Ford thriller “The Fugitive.”
There were approximately 533.5 million tickets sold, which is down four percent. Estimates also suggest that the domestic box office garnered $4.278 billion. This figure declined by three percent from last summer’s record $4.4 billion in the box office.
A lot of pictures with large budgets failed, such as the “Total Recall” remake, the $209 million film “Battleship,” the $250 million Disney movie “John Carter,” “Rock of Ages” and the Vince Vaughn, Jonah Hill and Ben Stiller comedy “The Watch.”
With some of this summer’s huge successes, studios are moving forward with sequels or reboots. Talks of a Batman reboot have made the news, a “Prometheus” sequel is going to be made, another “The Avengers” picture is in the preliminary stages and the success of “The Bourne Legacy” will most likely lead to a trilogy.
Final attendance and revenue statistics will be published later this week.
Will the numbers continue to slump into summer 2013? Here is a look at next summer’s slate of blockbuster films scheduled to be released between May and August:
“Iron Man 3” – May 3
“Star Trek 2” – May 17
“Fast 6” – May 24
“The Hangover: Part III” – May 24
“Man of Steel” – Jun. 14
“World War Z” – Jun. 21
“Pacific Rim” – Jul. 12
“The Wolverine” – Jul. 26
“Robocop” – Aug. 9
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