Central American movie box office surges by 8 percent

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