Date: 6th September 2000

It's Official : Summer Was A Bummer

For the first time since 1991, a summer season has failed to surpass the previous summer season in box office sales, final figures released by Exhibitor Relations indicated Tuesday. Despite a rise in ticket prices, total sales fell six percent this year to $2.7 billion from $2.9 billion a year ago. However, in an interview with Reuters, Exhibitor Relations chief Paul Dergarabedian remarked, "By comparing it to last summer, which was the granddaddy of all summers, anything was going to pale in comparison." Twentieth Century Fox led in market share with $388 million in sales, followed by Disney with $387 million and DreamWorks with $374 million. Time Warner was fourth with $360 million, followed by Paramount with $318 million.

Source: Studio Briefing