Ebb Tide: The Number of Domestic and Global Theaters Open is Falling
The number of open theaters in the Domestic market has been falling since early October having topped out at 61%.
The number of open theaters in the Domestic market has been falling since early October having topped out at 61%.
The past few weeks have witnessed a scale-back of global recovery as markets across the EMEA region have been forced to re-close due to rising virus cases and renewed governmental restrictions.
Japan has become the first global market to achieve a Stage 5 "Recovery" level play-week for two consecutive weeks.
2020 has been a year of turmoil. As major European markets re-close Gower Street asks is 2021 ready to take the strain of recovery?
This year has seen a greater release calendar shuffle than normal. Markets around the world have suffered from continual re-adjustment of the Hollywood studio calendars.
This week Gower Street looks at where the box office made globally since the beginning of August has been coming from, both regionally and by key markets.
Gower Street's Senior Box Office Analyst Delphine Lievens featured in The Guardian on Friday (Oct. 23) in an article looking at Sacha Baron Cohen's BORAT SUBSEQUENT MOVIEFILM and its much talked about launch online via Amazon.
Japan has become only the second global market to achieve a "full recovery" level on Gower Street's Blueprint To Recovery.
Both independent distributors and exhibitors in the UK have seen and grasped an opportunity as Hollywood studios continue release delays.