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Hollywood Makes Record Breaking $10 Billion in 2009!

Hollywood Money

Hollywood had it’s best year ever domestically, raking in $10 billion! Thats the most money it’s ever made in one year, in history.

Hollywood is crossing a new milestone as domestic revenues top $10 billion for the first time.

Boxoffice analyst Paul Dergarabedian of Hollywood.com projected that 2009 receipts would pass that mark Tuesday.

According to Dergarabedian’s accounting, the boxoffice year starts on Jan. 1, regardless of where in the week that day falls. This year, it happened to be on a Thursday.

And apparently analysts are saying that 2010 will be even better! This goes to show that what they say about the movie business doing better during times of financial crisis it totally true. But hopefully next year will be a better year for everyone financially regardless of box office gains.

Source: The Hollywood Reporter

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