Patrick Frater Asia Bureau ChiefGlobal cinema box office is set for a strong recovery next year, analysis firm Gower Street Analytics predicts.
But a return to pre-COVID levels of business will have to wait until 2023 at the earliest.In a briefing note published Wednesday, the U.K.-based analysis firm forecasts that 2022 global box office will reach $33.2 billion.
That would represent a huge 58% leap compared with its current estimate of $21 billion for 2021.The running total for the current year stood at $19.2 billion, as of Dec.
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