China Is Now The Largest International Box-Office Market

Global ticket sales broke records in 2012, hitting $34.7 billion internationally, thanks to the strength of foreign markets and a rebound at the domestic box office.  Overall, the box office rose 6 percent last year, according to a state of the movie industry report released Thursday by the Motion Picture Association of America. The findings were further evidence that Hollywood's obsession with crossing language and cultural barriers to broaden its footprint is paying off in dividends. In par...