Fri, Oct 14, 2005 - Page 17 News List

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"If such co-operation takes place there will a lot of interest worldwide and in Asia," he told the gathering of film industry professionals.

Meanwhile the US film industry is also worrying about its future as a new survey shows teenage boys and young men lead disillusioned US movie-goers in staying away from cinemas as ticket prices rise and the quality of home entertainment soars.

As Hollywood wages an epic battle against falling ticket sales, the poll revealed that one of the industry's most crucial audience groups, males aged between 13 and 24, are opting to stay home to watch DVDs and play video games.

Boys and young men in the key demographic group reported watching a whopping 24 percent fewer films in the all-important summer cinema season this year than they did over the same period in 2003, consumer research firm Online Testing eXchange (OTX) said.

"The perception among young male moviegoers that there wasn't much to see his year was a difficult barrier to overcome, regardless of price," said Vincent Bruzzese of OTX.

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