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It’s been a tough year for Hollywood, and even a casual observer of box office trends couldn’t escape the front-page news that the slump, marked both by declining revenues and audience attendance, continues for the third straight year.
Daily Variety, the mightiest of all trade publications, reported that total ticket sales for 2005 tallied just $8.75 billion, down from 2004’s receipts of $9.2 billion, a drop of 5 percent. Audience attendance also fell, down 11 percent from 1.48 billion in (...)