What Was Your Favorite Box-Office Winner of 2010?

NEW YORK ( TheStreet) -- Total movie ticket sales in North America fell 2.6% to $10.3 billion in 2010 from 2009's record breaking $10.6 billion.

The summer of 2010 saw the lowest attendance in more than a decade, while this past holiday season recorded a decline in attendance from last year for seven consecutive weekends.

Top-Grossing Movies of 2010: Photo Gallery

Attendance dropped 8.1% in 2010 compared with a 5.3% increase in 2009. With the lower attendance, movie theaters bumped up their prices in order to generate more revenue per customer.

In the third quarter, movie theater company Regal Entertainment ( RGC) saw a 1.3% drop in attendance. However the company reported a 4.9% gain in admissions revenue due to a 50 cent increase in its average ticket price to $8.62 from $8.12 in the same quarter a year earlier.

Hollywood.com box office analyst Paul Dergarabedian predicts that 2011 and 2012 will deliver a few of the highest-grossing films in the new century and that "the current down trend at the box office will soon be a thing of the past" as analysts consider 2010 a "transitional year in a very cyclical business."

In 2010, Walt Disney ( DIS) raked in billions of box office dollars with its releases of the three highest-grossing movies of the year, Toy Story 3, Alice in Wonderland and Iron Man 2.

The third movie of the Pixar Toy Story franchise was the highest-grossing movie of 2010, according to data from BoxOfficeMojo.com, bringing in $415 million in North American ticket sales and a total of $1.06 billion worldwide.

Alice in Wonderland was the second highest grossing movie of the year, garnering $334.2 million domestically, followed by Iron Man 2 with $312.1 million.

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