What is a box office gross?
Definition. Revenue generated from ticket sales (receipts) including any taxes and other levies.
Is box office the same as gross?
Gross Box Office Collection: The Total Amount collected through Ticket Sales on the counters of Cinemas or Online during a given time period. Nett Box Office Collection: It is Gross Box Office Collection minus Taxes imposed by Government. This includes Service Tax, Entertainment Tax etc.
What does box office mean in sales?
Definition of box office 1a : an office (as in a theater) where tickets of admission are sold. b : income from ticket sales (as for a film) 2 : the ability (as of a show) to attract ticket buyers also : something that enhances that ability any publicity is good box office.
What is mean by gross and share?
This is called Nett Gross the movie earned. From the Nett Gross, the distributor and exhibitor shares are subtracted to get the producer share. Share amount reported is nothing but the profits earned by the producer and distributor after giving the exhibitor his profit from the collection.
Why is it called box office?
The term ‘box office’ originated in Elizabethan era, when affluent people would sit in private ‘boxes’ to watch theatre. Tickets for boxes were sold at an ‘office’, called box office. A significant portion of revenue would come from these tickets as they were costlier.
What’s the difference between budget and box office?
Budgets lead box office, because the public wants to see big films and so pay more and/or go more often to more expensive fare; or. Box office leads budget, because the industry makes films in response to market demand, thereby avoiding films too costly for their likely returns; or.
What is the difference between net and gross?
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.
What is another word for box office?
In this page you can discover 16 synonyms, antonyms, idiomatic expressions, and related words for box office, like: ticket booth, gate, gate-receipts, receipts, take; ticket booth, ticket-office, take, money, receivables, thinkfilm and DeAgostini.
What does gross mean in film?
If you’re referring to, say, how much money a movie made, that’s the noun gross; but remember, the gross is how much the movie made in total, not how much it cleared in profit after expenses (the net).
Does boxoffice mean profit?
Box office business can be measured in the terms of the number of tickets sold or the amount of money raised by ticket sales (revenue). The projection and analysis of these earnings is very important for the creative industries and often a source of interest for fans.
What are gross sales?
Gross sales refer to the grand total of all sales transactions over a given time period. This doesn’t include the cost-of-sales or deductions (like returns or allowance). To calculate a company’s gross sales, add up the total sales revenue for a specified period of time—monthly, quarterly, or annually.
Does gross price include VAT?
Gross pricing means that the VAT is already included in the price.
What is the synonym of Blockbuster?
In this page you can discover 14 synonyms, antonyms, idiomatic expressions, and related words for blockbuster, like: megahit, movie, block-buster, earthshaker, staggerer, , blockbusting, smash hit, made-for-tv, and sci-fi.
What does box office mean in sports?
noun. the office of a theater, stadium, or the like, at which tickets are sold. Theater. a. receipts from a play or other entertainment.
What does gross mean in economics?
Gross means the total or whole amount of something, whereas net means what remains from the whole after certain deductions are made.
What does gross mean money?
Gross income refers to the total earnings a person receives before paying for taxes and other deductions. The amount that remains after taxes are deducted is called net income. When looking at a pay stub, net income is what’s shown after taxes and deductions.
How is box office revenue divided?
Typically, the investors are repaid in full, and then the money is split 50:50 between the Investors’ Pool (i.e. profit for the investors) and the Producers’ Pool (i.e. the money shared with certain members of cast and crew who were assigned a share of profits).
What is the difference between budget and box office?
The difference between budget and box office. The budget plans the use of resources, which will used to carry out the event. In relation to the box office, it is the point where people buy tickets for a public event. To be able to design a budget it is necessary to contemplate the income and the expenses.
What are gross sales examples?
For example, if a company has total sales of $1M and a 50% return rate, they really didn’t actually make $1M of sales. They sold $1M worth of product and $500,000 got refunded. Thus, they only sold $500,000 of product at the end of the day.
What does box office mean?
box office. noun. 1a : an office (as in a theater) where tickets of admission are sold. b : income from ticket sales (as for a film)
How is the box office gross of a movie calculated?
What is a box office gross? How much should you have saved for retirement by now? Speaking with a financial advisor could help. Originally Answered: How is a film’s box office gross calculated? The gross is really easy — it’s just the total of all the ticket sales, added together.
What is the distributor’s share of box office gross?
The distributor’s share of the box office gross is often referred to as the “distributor rentals”, especially for box office reporting of older films. The term is attested since 1786, presumably from sales of boxes (private seating areas in a theater). The sense of “total sales” is attested from 1904.
What is the difference between Gross and net box office collection?
The term gross and net comes into play even in the field of entertainment, Gross box office collection refers to the collective sum of the ticket value sold at the counter, while net box office collection refers to the gross box office collection, minus the entertainment tax.