Global Box Office to Grow by 27% During First Quarter of 2023, UNIC Reports
variety.comElsa Keslassy International Correspondent The global box office jumped by 27% in the first quarter of 2023, according to a new report by the International Union of Cinemas released during the CineEurope exhibition conference in Barcelona.
UNIC, which covers 43,000 screens across 39 territories, is predicting a 23-percent growth at the global B.O. over the course of 2023.
Europe, the Middle East and Africa (EMEA) saw the largest spike in B.O., with a 32-percent year-on increase during the first quarter of the year.
Several European and international titles managed to break box office records between 2022 and the first half of 2023; for instance, James Cameron’s “Avatar: The Way of Water” became the highest grossing film of all time in the EMEA region with almost $800 million at the B.O., while Ruben Östlund’s Palme d’Or-winning “Triangle of Sadness” grossed over $25 million from 40 international markets.
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