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Global Box Office Dropped 72% In 2020 As China Beat The US For The First Time
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theplaylist.netEver since the movie theater industry was gutted due to COVID-19, with many of the world’s cinemas being shut down in March until this fall, we’ve known 2020 was going to be a record bad year for the industry.
But with the final 2020 box office numbers being reported, we can fully see just how the pandemic destroyed an industry. And it’s maybe uglier than you were thinking.
READ MORE: George Clooney Thinks WB/HBO Max Strategy Is Driven By AT&T But Thinks “It’s Going To Be Fine” According to reports, in 2020, the worldwide box office earned approximately $11.5 billion.
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