LOS ANGELES, (TheWrap.com) – After a lackluster 2011, the movie industry has shown renewed signs of life through the first month of the new year.
Thanks to a series of mid-budget hits like “The Devil Inside” and “The Grey,” not to mention a suddenly resurgent Tom Cruise and his latest “Mission Impossible” film, the box office is up 11 percent from the same period last year.
The numbers have yet to return to 2010 levels, when movie theaters packed in audiences thanks to “Avatar” and “Alice in Wonderland,” but it is a marked improvement from the previous year, when a series of duds such as “The Dilemma” and “Season of the Witch” put the box office in a deep hole.
Since January, the domestic box office has stood at $964.4 million,
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