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It's Official: 2020 Domestic Box Office Fell 80 Percent to $2.3B Behind China's $2.7B
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hollywoodreporter.com
hollywoodreporter.comIt's official: North American box office revenue plummeted 80 percent in 2020 amid the novel coronavirus pandemic and unprecedented theater closures, while global revenue tumbled more than 70 percent.
As predicted, domestic movie tickets sold between Jan. 1 through Dec. 31 came generated an estimated $2.3 billion (or $2.28 billion) compared to $11.4 billion in 2019, according to Comscore estimates.
That's the lowest showing in at least 40 years. The dramatic fall-off was expected, considering that many cinemas have been closed for more than nine months in the U.S.
Globally, 2020 movie ticket sales are expected to come in between $11.5 billion and $12 billion, compared to 2019's $42.5 billion.
Read more on hollywoodreporter.com
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