Originally Posted by bruceames
You're right that the December box office was more of a factor, but catalogs and DTV were very prevalent in 2011 as well.
You can't say that definitively... you just added up all the indexes, no weighting whatsoever. If the new releases are weaker in absolute terms, then the catalogs are going to look stronger in relative terms, but nothing there is absolute. It's comparing apples to oranges.