China Box Office Revenue Hits $2.7 Billion in 2012, Second Only to North America BENNY QUETELL PRIVATE EQUITY,VENTURE CAPITAL,HEDGE FUNDS INVESTMENT BANKING

UPDATED: The MPAA's annual report also confirms a notable uptick in moviegoing among older adults in North America as well as an increase in frequent moviegoers across all demos. Box office revenue reached a staggering $2.7 billion in China in 2012, even more than expected and up 37 percent year over year.

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