Usage
Box office business can be measured in terms of the number of people who see it or the amount of money raised by ticket sales (revenue). The projection and analysis of these earnings is very important for the creative industries and often a source of interest for fans. This is predominant in the Hollywood movie industry.
Some complain that industry focus on profit has diminished the attention given to film as an art form. However, analysis of the financial success of films is very influential for the production and funding of future works.
There are numerous websites that monitor box-office receipts, such as Boxoffice, ShowBIZ Data and Box Office Mojo. For a list of films which are major box-office hits, see List of highest-grossing films.
On average, the movie's distributor receives more than half of the revenue, with the remainder kept by the movie theater. The split varies from movie to movie, and the percentage for the distributor is generally higher in early weeks. Usually the distributor gets a percentage of the revenue after first deducting a "house allowance" or "house nut". It is also common that the distributor gets either a percentage of the gross revenue, or a higher percentage of the revenue after deducting the nut, whichever is larger.
Read more about this topic: Box Office
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