Cinema Expo preview

June 19, 2008 On the eve of Cinema Expo International, the annual European exhibition confab set to take place June 26-28 in Amsterdam, international exhibitors and distributors alike have reason to throw back a couple of celebratory pilsners, as the international boxoffice reached an all-time high of $26.7 billion in 2007, according to the MPAA. Hollywood fare has continued to bolster the overseas boxoffice this year, with Paramount's "Indiana Jones and the Kingdom of the Crystal Skull," released day-and-date on May 22, already having earned nearly $360 million in foreign receipts at press time. "You're seeing a greater importance of local product in different markets in Europe," says Tim Richards, CEO of the U.K.'s Vue Entertainment, which operates 630 screens.

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