U.S. Movie Industry On Track for Record Year

December 23, 2015, 3:49 PM UTC
Furious 7, Jurassic Park, Pitch Perfect and Ted: Universal Pictures/Photofest; Mission Impossible: Paramount Pictures/Photofest; Terminator: Paramount Pictures/IMDB; Star Wars: Disney/IMDB

With Star Wars: The Force Awakens and Jurassic World both released this year, the U.S. box office is on track to reach its highest figure ever—over $11 billion in ticket sales.

Sales are forecast to be up over 6% for the year to reach $11.01 billion, including ticket sales from both the U.S. and Canada, according to Bloomberg, citing Rentrak data.

That number would top the previous record of $10.92 billion set in 2013, according to the publication.

“An event film like this ends up being something that can drive the business overall, get people back in the habit,” Dave Hollis, Disney’s (DIS) executive vice president of distribution, said in an interview with Bloomberg.

Star Wars reportedly earned $248 million in its debut and $529 around the world.