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Sunday, January 1, 2012

2011 was the worst for movie ticket sales since 1995

The sky may not be falling in Hollywood, but in 2011, movie box office sales sure did.
Despite grosses of $10 billion, revenue likely will decline by at least 3.5 percent from 2010, projected Paul Dergarabedian, an analyst for Hollywood.com. He expects the number of tickets sold to dip by 4.3 percent, making for the smallest number of American moviegoers since 1995.

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