According to The Hollywood Reporter, worldwide revenue from the filmed entertainment output of the major Hollywood studios -- including sales to theaters, home video, television and pay TV -- hit a record $44.8 billion last year, an all-media revenue increase of 9% from 2003's $41.2 billion, according to an executive summary submitted to MPAA companies. The home video sector again fueled the surge, coming through with a worldwide hike of 10% -- from $18.9 billion in 2003 to $21 billion last year -- with DVD sales displaying dramatic rises of 46% internationally and 14% in the U.S. But worldwide theatrical revenue dipped 1% despite a 9% rise in foreign theatrical earnings that moved the international market ahead of domestic with a 52% share of last year's theatrical take of $7.4 billion.

Worldwide television and pay TV showed growth, with television up 10% to $12.6 billion in 2004 and pay TV enjoying a 20% upturn in the U.S and 17% abroad, which brought worldwide revenue to $4 billion, hailed by the report as a 38% increase over the past five years.