Blockbusters Preceded Box Office Records
May 20, 2002 — -- Last November, "Harry Potter and the Sorcerer's Stone" earned $90 million on its opening weekend, destroying the old record of $72 million.
Then, "Spider-Man" zapped "Harry" with nearly a $115 million take two weekends ago. And an early estimate had "Star Wars: Episode II — Attack of the Clones" racking up $86.15 million from Friday to Sunday on 450 fewer screens than "Spider-Man," enough to rank third of all time.
With records being set so fast, this must be the golden age of Hollywood blockbusters, right?
Or maybe it's just the golden age of box office grosses — which always go up, unlike the actual number of moviegoers.
Though annual movie attendance has been rising after two flat decades, far more customers went to the movies in the 1940s, according to the Motion Picture Association of America.
In fact, of the 20 biggest box-office draws of all time, only four have debuted since 1983's "Return of the Jedi," and seven came out prior to 1962, according to Exhibitor Relations Co., an Encino, Calif., box-office tracking firm that produced an unscientific, inflation-adjusted list.
"It puts things into perspective," says Paul Dergarabedian, Exhibitor Relations' president. "Essentially, it levels the playing field and shows you no matter how popular a movie may be today, [it] has to raise an awful lot of money to match the tickets sold by some of these older blockbusters."
Nevertheless, box office grosses, once of interest only to movie moguls, now appear to be of interest to moviegoers.
"It's part of a general trend in our culture, which is sometimes lumped under … 'post modernism,' where we are fascinated with what happens behind the curtain," says Marty Kaplan, director of the University of Southern California's Norman Lear Center, which studies the impact of entertainment on society.
"It's the same thing in politics," he says. "We care more about the campaign advisers fighting with each other or their ad buys, rather than the candidates' farm policies."
For fans of box-office grosses, dazzling records keep coming — especially with New York City movie ticket prices crossing the $10 threshold, and federal statistics showing the cost of non-sports entertainment easily outpacing inflation. Nationally, the average movie ticket price in 2001 was $5.66, according to the MPAA.
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