"Here's one way to look at it: If there were no English dubs, how many people would bother even watching foreign films? Unfortunately, it'd be few."
The vast majority of foreign films released to US cinemas are with subtitles, not dubs, and they find a substantial audience. 'Hero', for example, was #1 at the box-office when it was released in the US, and there was no dubbed option. 'Pan's Labyrinth', 'Crouching Tiger, Hidden Dragon', 'House of Flying Daggers' were all released in mainstream US Cinemas without dubs, and there were far more than a few people who "bothered" to watch them.
Now, would Ponyo have made more in the US with the original language track? Considering its a "kids" movie, probably not, but that does not mean people don't bother to watch subtitled films.
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