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Dec 29, 2021 · The domestic box office was much improved from the dumpster fire that was 2020, with total revenues expected to top out at roughly $4.4 billion. That’s a massive 91% increase from 2020, which ...
Mar 4, 2023 · The gross receipts for 2022 were down about 30%, 35% from 2019 pre-pandemic, and that coincided with about a 30% reduction in the number of the movies that went to theaters that year. It's going ...
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Mar 18, 2023 · Since the franchise rise that took over the film industry in the 2010s, you're lucky even to see an "Everything Everywhere All at Once" or "Get Out" sprinkled in cinemas once in a while. Audiences ...
The film industry is undergoing radical change. In 2018, 28% of consumers preferred to watch a movie for the first time in a movie theater, compared to only 15% who favored streaming. However, COVID-19 devastated theaters due to closures and the apprehension people felt about returning to theaters after the lockdown.
- You Will Now Get Cinema-Quality New Movies Without Entering A Cinema.
- The U.S. Will No Longer Be Your Entire Media Universe.
- You Love Sitcoms. Studios Will Make more.
- Even Sports Fans Won’T Need Cable anymore.
- It’S Gonna Cost you.
When Godzilla vs. Kong was released this March, it signaled the return of the Hollywood blockbuster. The monster mashup has grossed more than $425 million at the worldwide box office, making it the biggest English-language movie since the pandemic began. But as it was filling theaters to their permitted capacities, Godzilla vs. Kong was also the mo...
China became the world’s largest movie marketfor the first time last year, with $3 billion spent on tickets, almost $1 billion more than in the U.S. and Canada. And though it’s easy to dismiss this change as a result of the pandemic—Chinese theaters reopened sooner than those in the West, and most planned major U.S. studio releases were delayed—ana...
The most precious commodity in U.S. entertainment right now is the old-fashioned situation comedy. Stuck in isolation, people have sought out comfort food. Viewers devoured Ted Lasso, Apple+’s comedy starring Jason Sudeikis as a U.S. football coach hired to lead a struggling English soccer team. They caught the final season of Schitt’s Creek, a Can...
Anyone looking to cut the cord over the past decade has run into the problem of live sports. Netflix offers the same sitcoms, dramas, and reality TV you can find up and down the cable listings, but it doesn’t have the rights to the most popular sports in the U.S. The pro leagues and their media partners have worked hard to keep it that way. Media c...
And now for the downside of all this. As media companies invest in their own streaming services, they’re also reserving their best titles to entice you to subscribe. Want unlimited access to Toy Story for your kids? That’ll be $8 a month for Disney+. How about WWE? Fork over $5 for Peacock. Oh, you like reruns of Friends? Add in $15 for HBO Max. If...
Jul 13, 2022 · Additionally, nearly half (48%) of consumers who went to the theater at least once in June said they watched video streaming services at least once a day during that time, higher than the share of adults overall (41%) and nonmoviegoers (34%) who said the same. This shows how theatergoing and streaming are closer to coexisting than competing.
Apr 13, 2021 · Domestic Revenue: In the U.S., the theatrical, home/mobile entertainment market in 2020 totaled $32.2 billion, down 11% from $36.1 billion in 2019. Theatrical entertainment dropped to $2.2 billion ...
