China’s Box-Office Slump Deepens After Drought of Summer Hits
- Ticket sales declined 16% to $1.6 billion in third quarter
- Cinema visitors headed for first quarterly drop in five years
Is China's Big Screen Boom Slowing Down?
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China’s worst box-office slump in at least five years deepened in the third quarter as a dearth of hit films kept movie goers away.
Third-quarter ticket revenue fell about 16 percent from a year earlier, excluding Friday’s results, Chinese government data as of Thursday showed. A decline would be the second straight quarterly drop.