Despite the best efforts of superheroes, movie theaters have yet to rebound in another topsy-turvy year. This year should represent a huge 91% increase in revenue from 2020. Of course, ticket sales in that period sank to a 40-year low
Despite the best efforts of Spider-Man, Black Widow and other mighty Avengers, movie theaters have yet to rebound in another topsy-turvy, pandemic-battered year.revenues in 2021 are projected to hit $4.4 billion through the final days of December. The final number could fluctuate in the next few days; the stretch between Christmas to New Year’s is usually the busiest time at multiplexes, but the rapidly spreading omicron variant of COVID-19 may have other plans.
Next to 2019, the last normal period at the domestic box office, revenues from Jan. 1 through Dec. 31, 2021 will be down approximately 61%. In 2019, “Avengers: Endgame,” “The Lion King” and “Toy Story 4” helped propel overall grosses to a mighty $11.39 billion. By comparison, the 2020 domestic box office tally was down 80% from 2019.
Still, there were a few scattered success stories that didn’t involve comic-books, like Daniel Craig’s James Bond sequel “No Time to Die” , Universal’s “F9: The Fast Saga” , “A Quiet Place Part II” and the Ryan Reynolds sci-fi action comedy “Free Guy” . But ultimately, not one, but two new variants of COVID-19 managed to spread across the globe and contribute to general uneasiness about going to the movies.
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