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Is a movie earning one billion dollars at the box office still considered a major achievement?

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Is a movie earning one billion dollars at the box office still considered a major achievement?

Old 07-24-19, 10:31 AM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by rw2516
There was a segment on the news last night about Endgame. When ticket price inflation is factored in the highest grossing movies of all time are
1. Avengers Endgame
2. Star Wars
3. Sound of Music
4. E.T.
Here's the 'adjusted for inflation' domestic chart on Box Office Mojo. Endgame is #16.

https://www.boxofficemojo.com/alltime/adjusted.htm
Old 07-24-19, 10:32 AM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

TWO billion worldwide is an achievement, one billion domestic would be, but let's say 700K domestic
Old 07-24-19, 11:35 AM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by rw2516
There was a segment on the news last night about Endgame. When ticket price inflation is factored in the highest grossing movies of all time are
1. Avengers Endgame
2. Star Wars
3. Sound of Music
4. E.T.
Fake news!
Old 07-24-19, 11:48 AM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by Brack


There’s a reason why no one tracks tickets sold, and it defeats your argument.
I don’t know what you’re talking about.

Tickets sold is how they determine the adjusted gross.

https://www.boxofficemojo.com/about/adjuster.htm

And as that article notes, for films of the 30s and 40s total tickets sold numbers were tracked.
Old 07-24-19, 02:42 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by rennervision
Really the only thing that matters is how many TICKETS a movie sold, but no one tracks that.
The number of tickets sold would be the most accurate indicator of a film's popularity but it can also be a self-defeating statistic for the studios. The dollar amount grosses are more ambiguous and are a more flattering statistic of success.

The gross figures don't always compensate for inflation or the difference in ticket prices in different parts of the cities and countries. This figure doesn't account for the cost of the production, distribution and advertisements either.

Distribution is wider than ever before. Take a big hit summer film like Terminator 2 in 1991, it opened in 2,274 "theatres" whereas Avengers Endgame opened in 4,662 "theatres" last year. When they say "theatres"; how many "screens" are they showing in each "theatre". A film like Terminator 2 may have only been shown on 1 or 2 screens per theatre whereas today, most theatres show a film like Avengers Endgame on 5-6 "screens". Unlike in 1991, most theatres ran each screen of Avengers Endgame 5 times a day, 7-days-a-week as compared to maybe 2 or 3 showings a day for Terminator 2.

I digress. The scope of everything is bigger today and the gross dollar figures are the biggest and most attractive, so they use them.

Old 07-24-19, 03:15 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by Mabuse


I don’t know what you’re talking about.

Tickets sold is how they determine the adjusted gross.

https://www.boxofficemojo.com/about/adjuster.htm

And as that article notes, for films of the 30s and 40s total tickets sold numbers were tracked.
Adjusted grosses are nonsense numbers. Movies that make X amount of dollars in the 30s and 40s don’t magically make adjusted gross amounts because movies aren’t released in a vacuum. It’s junk science.
Old 07-24-19, 03:59 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

It allows them to be compared with modern films. What’s wrong with that?
Old 07-24-19, 04:06 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Sure it is, especially if it's a non-American film. Look at that Wolf Warrior 2 or the one that's on Netflix now, The Wandering Earth. Those made tons overseas and especially in China. What's happening now is that production companies are coming out of China and are injecting massive amounts of money into American productions. They're dictating terms (whoever has the money makes the rules) now, as well. Look at Top Gun 2 and the thing with editing the flags on the jacket Cruise is wearing. That's an important component, imo.
Old 07-24-19, 04:17 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by Mabuse
It allows them to be compared with modern films. What’s wrong with that?
It’s just a very broad way of comparing grosses. It’s so limited that it’s ultimately pretty meaningless. Movies released almost a century ago would make adjusted dollar amounts in theaters? We can pretend that would be the case, but that’s silly to me.
Old 07-24-19, 07:00 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by majorjoe23
Well this thread sucks.
I’m proud I haven’t posted in it.
Oh wait.... damnit.
Old 07-24-19, 07:17 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

I'm surprised no one has ranked them by the RT score yet. We need to figure out the correlation here people!
Old 07-25-19, 05:36 AM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

The bottom line is "highest grossing of all time" does not equate to "most popular of all time". The industry uses these numbers to imply that somehow since a movie has high grosses that it's so good that more people are going to see it than any movie made before, which is a falsehood.
Old 07-25-19, 09:12 AM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Uhh, it’s not an indication of who’s going to see it, it’s an indication of how many saw it.
Old 07-25-19, 02:09 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by Mabuse
Uhh, it’s not an indication of who’s going to see it, it’s an indication of how many saw it.
Except that dollar figures don't really tell you how many people saw it. Let's say a movie grossed $80 million. If ticket prices were $8.95 each, which I understand they are in smaller US towns, then that figure would suggest 8,938,547 patrons saw the film. In New York City tickets are around $14.95. This figure which would suggest only 5,351,170 patrons saw the film.

Number of tickets sold would be the most accurate method of determining a film's popularity at the box office but again "$80 million dollar box office hit!" sounds much more enticing than "Almost 9 million tickets sold!"

Old 07-25-19, 02:48 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Go read how Box Office Mojo does their list. They use the national average ticket price. For 2019 it’s $9.01. Down ten cents from last year. Their method isn’t perfection, but it’s perfectly reasonable and shouldn’t be dismissed.
Old 07-25-19, 05:09 PM
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Re: Is a movie earning one billion dollars at the box office still considered a major achievement?

Originally Posted by Mabuse
Go read how Box Office Mojo does their list. They use the national average ticket price. For 2019 it’s $9.01. Down ten cents from last year. Their method isn’t perfection, but it’s perfectly reasonable and shouldn’t be dismissed.
Again, it's pretty fast and loose when you consider the major cities with the higher populations are paying around $15 and smaller, less populated towns paying considerably less. The average ticket price across the board isn't going to reveal any accurate data. Then again accurate data is for accountants, not big studio executives.

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