$9.63 bil boxoffice for '07 breaks record

March 06, 2008 Domestic boxoffice returns from the U.S. and Canada hit a record $9.6 billion last year, a 5.4% increase over 2006, according to the final figures released Wednesday by the MPAA in its annual state-of-the-business report, which for the first time it compiled in partnership with Nielsen EDI. The figure represents grosses for all commercial releases in North America, not just those of the MPAA companies. The studios' investment in the average movie's negative cost rose to $70.8 million from $65.8 million in 2006.

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