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Global Entertainment Industry Surpasses $100 Billion for the First Time Ever

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variety.com
variety.comvariety.com:

The global entertainment market — consisting of theatrical and home entertainment — has surpassed $100 billion in revenues for the first time in history, with earnings reaching $101 billion in 2019, according to a new report released by the Motion Picture Association.

Worldwide box office receipts accounted for $42.5 billion of that haul, setting a new industry high in 2019. Overseas moviegoers fueled that record turnout as the international box office crossed a new milestone with $30 billion.

But despite commercial hits like “Joker,” “The Lion King” and “Avengers: Endgame,” ticket sales in the U.S. and Canada slumped over 4% to $11.4 billion.

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