Global box office for 2022 reached nearly $26B, a 27% gain on the previous year, according to Gower Street Analytics. Of the estimated $25.9B total, the international box office represents $18.4B, a 16% increase on last year at current exchange rates, the total being dragged down by China.
Stripping out that market, overseas is estimated at $14.1B for a 55% hike on 2021. Domestic was up 65% to $7.5B for a 65% increase, per Gower’s partners at comScore.
The numbers are encouraging, but demonstrate there is still a way to go towards recovery. The worldwide figure is 35% below the pre-pandemic three-year average (2017-2019).
That equates to a loss of approximately $14B at current exchange rates. The international markets (excluding China) are estimated to have finished at a slimmer 29% deficit against the 2017-2019 average.
Read more on deadline.com
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