Cineworld revenues fall as industry targets boost from Avengers and Star Wars

Cineworld revenues fall as industry targets boost from Avengers and Star Wars

World’s second-largest cinema chain reports a 13% drop in global box office income Cineworld has reported a fall in box office revenues so ... 00:01:00

World’s second-largest cinema chain reports a 13% drop in global box office income

Cineworld has reported a fall in box office revenues so far this year as a slow start to 2019 leaves the global cinema industry banking on Avengers: Endgame and Star Wars to boost takings.

British-based Cineworld, the world’s second-largest cinema chain, reported a 13% fall in global box office revenues in the year to 12 May. In the UK and Ireland market Cineworld’s box office revenues slumped 13.6% year on year. And in the US, the world’s biggest movie market, ticket revenue fell by 15%.

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from US news | The Guardian http://bit.ly/2JIOEin