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Box Office Recovers and Plunders in 2006

Published December 29, 2006 in Box Office
By Ryan Parsons | Image property of Disney, Hollywood Reporter.
Pirates of the Caribbean: Dead Man's Chest Pirates of the Caribbean: Dead Man's Chest
The 2005 "Box Office Slump" owed a lot of credit to 2004's Passion of the Christ. Fortunately for Hollywood, 2006's Pirates of the Caribbean: Dead Man's Chest would be one of the films to pull us out of such a slump.

2006 Ends Box Office Slump


With an estimated $9.42 billion, 2006's national tally scores at 5% higher than 2005's $8.99.

Though many films had large theatrical runs in 2006, most of the credit for this year's box office is being given to Pirates of the Caribbean: Dead Man's Chest. The film kicked off with an opening day and single day record of $55.8 million when it bowed July 7; a record once held by Revenge of the Sith. It then went on to break the opening weekend record previously held by Spider-Man with a take of $135.6 million. Not wanting to stop there, the second Pirates installment went on to break a billion worldwide.

Pirates did have some help, however, thanks to the return of penguins in Warner Bros' Happy Feet. The animated musical has raked in $165 million so far.

2006 also owes credit to the latter months of 2005. Though 2005 had a slow start at the BO, November and December began a new momentum with films such as Harry Potter and the Goblet of Fire, King Kong and The Chronicles of Narnia; a momentum that carried right into 2006.



Some skeptics may claim that the end of the box office slump in 2006 owes most credit to the hike in ticket prices. Seriously, does anyone remember a time when a matinee was under five bucks? Yes, ticket prices did go up, but so did the sales. According to early reports, 2006 sold .04 billion more tickets than 2005 with 1.44 billion. Just in case you aren't feeling like doing the math, 1.4 billion were sold in 2005.

What should we expect for 2007? A strong year, as long as the tentpoles don't flop. With films like Spider-Man 3, 300, Transformers, Pirates of the Caribbean: At Worlds End, Live Free or Die Hard and Harry Potter and the Order of the Phoenix, how can we miss?

Stay tuned for updates.


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Ryan Parsons
Sources: Image property of Disney, Hollywood Reporter.
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