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U.K. biggest consumer of U.S. movies
August 04, 2008 The U.K. stood as the biggest consumer of U.S. movies for the seventh straight year in 2007, sending back $499 million in rental revenue to the Hollywood studios, 10% more than in 2006. Unlike member companies, who consider Canada an adjunct to domestic distribution operations, the MPA classifies our northern neighbor as an international market. Based on regional deals between MPA distributors and local exhibitors, it's estimated that the money returned to studios after the exhibitors' cut, distribution/marketing expenses and taxes averages about 45%-47% of total grosses.
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