Using PHP JSON decode to display data

<?php
$data = '{"stats":"ok","movies":[{"title":"Superbad","rating":9.1},{"title":"The Hangover","rating":9.8},{"title":"Office Space","rating":8.9}]}';
$jsondata = json_decode($data);
$jsondata->stats; //this returns
print_r($data);

echo "<ul>";
foreach($jsondata->movies as $movie) {
  echo "<li>" . $movie->title . " (" . $movie->rating . ")</li>";
}
echo "</ul>";
?>