Global Box Office Hit Record $38B in 2015

Worldwide box-office revenue reached a record $38.3 billion in 2015, besting the previous year with a more than 6 percent increase. The figure was announced Tuesday during a gathering sponsored by the National Association of Theater Owners. According to John Fithian, the organization’s president and CEO, the theater-going boom was fueled by teenagers, a growing Chinese audience, and new markets across Asia and Latin America.