Gross box office receipts crossed the ₹10,000 crore mark for the first time in 2019, making it a historic year for cinema in India, according to Mumbai-based media consulting firm Ormax Media’s Indian Box Office Report 2019
- Total gross earnings across all languages rose almost 12% last year to ₹10,948 crore, from ₹9,810 crore in 2018, according to the report. The reduction in GST slabs also helped boost net earnings at an even faster pace of 19% to ₹9,490 crore.
- Ironically, the biggest gainer was Hollywood, with its productions registering a 31% jump in gross collections to touch an all-time high of ₹1,595 crore. This also helped it overtake Tamil and Telugu to the number two spot in terms of earnings after Hindi.
- Till last year, Hindi had led the race followed by Tamil and Telugu, with Hollywood placed fourth.
- Hollywood also increased its box office share. While Hindi led with 44% of the gross domestic box office, Hollywood stood second with 15% share, followed by Tamil and Telugu at 13% each.
Source : The Hindu