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Central American movie box office surges by 8 percent

Friday, March 31, 2017

Central America continued its sturdy box office growth in 2016, primarily driven by the opening of new multiplexes.

Total box office for the region in 2016 was $140.5 million – 8.3 percent higher than in 2015 and 46 percent higher than in 2012. New multiplexes generated $8.2 million in new revenues – 76 percent of the year’s total box office hike.

According to Luis Vargas, comScore’s managing director for Latin America, the fastest-growing market was Panama, with 16.2 percent box office growth and the slowest Nicaragua, with 4.4 percent.

Source: Variety