Rebecca Rubin Film and Media ReporterAfter a year in which most people were stuck indoors, it should come as little surprise that streaming platforms skyrocketed in popularity over the past 12 months.
For the first time ever, subscriptions to streaming services surpassed one billion, reaching 1.1 billion globally.At the same time, box office receipts plummeted because movie theaters across the world were closed for a significant part of 2020.
Global ticket sales tapped out at $12 billion, with North America accounting for $2.2 billion of that haul. Though the circumstances aren’t comparable, worldwide box office receipts totaled $42.5 billion in 2019, with $11.4 billion coming from domestic theaters.
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