LOS ANGELES:- Movie theaters reaped record earnings around the world last year - $38.3 billion - fueled by China and young people’s spending on cinema tickets, industry data has showed. Global spending on big screen showings of films was up by 5.2 percent last year largely on the back of phenomenal growth in China - 51.2 percent, according to the National Association of Theatre Owners (NATO). There also were major increases in Mexico (14.7 percent), Germany (14.3 percent), Spain (7.8 percent) and Brazil (7.4 percent).–AFP

At the North American box office, big-budget blockbusters such as “Star Wars: The Force Awakens” and “Jurassic World” helped push earnings above $11 billion for the first time.