28 Mar 2024
Wednesday 25 December 2019 - 16:03
Story Code : 366403

Box office earnings rise 25% to $19 million

Box office earnings rise 25% to $19 million
Financial Tribune - 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 years 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 cinemas 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.
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