May 20, 2012

Wired reports that, in spite of the MPAA's complaints about the horrors of piracy, 2010 was the most profitable year ever for the movie industry.

The number of ticket purchases actually declined, but thanks to the increase of IMAX 3-D screenings, the average ticket price increased by 39 cents and contributed to the increased profits.

Perhaps when Chris Dodd takes over the chairmanship of the MPAA, he will steer the organization in a more positive direction away from the handcuffing DRM and aggressive lawsuit-filing of his predecessors.


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Category: Movies

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