North American box office revenues in 2020 hit a 40-year low, struggling to reach $2.2 billion in total amid the coronavirus crisis. Movie theaters were forced to stay closed for a significant portion of the year beginning in late March and struggled to recover when some cinemas were able to reopen months later in August.
That resulted in an 80% year-over-year decline from 2019, according to Comscore. Box office returns from Jan. 1 through Dec. 31, 2019 brought in a near-record $11.39 billion, thanks to the smash success of “Avengers: Endgame,” “The Lion King” and “Spider-Man: Far From Home.”
Worldwide returns suffered a similar drop, with global ticket sales totaling $12.4 billion — a 71% slide from the year prior. In 2019, the global box office cemented a new industry high as worldwide receipts surpassed $42.5 billion.
The bulk of international earnings in 2020 came from China. For the first time, the Middle Kingdom was the world’s biggest moviegoing market. The country, whose...
That resulted in an 80% year-over-year decline from 2019, according to Comscore. Box office returns from Jan. 1 through Dec. 31, 2019 brought in a near-record $11.39 billion, thanks to the smash success of “Avengers: Endgame,” “The Lion King” and “Spider-Man: Far From Home.”
Worldwide returns suffered a similar drop, with global ticket sales totaling $12.4 billion — a 71% slide from the year prior. In 2019, the global box office cemented a new industry high as worldwide receipts surpassed $42.5 billion.
The bulk of international earnings in 2020 came from China. For the first time, the Middle Kingdom was the world’s biggest moviegoing market. The country, whose...
- 1/12/2021
- by Rebecca Rubin
- Variety Film + TV
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