Recovery Reflections: Market Share of Global Theaters Open Falls To Four-Month Low
The market share of global theaters operating has dipped below 60% for the first time since before preparations for TENET helped drive re-openings in late-August.
The market share of global theaters operating has dipped below 60% for the first time since before preparations for TENET helped drive re-openings in late-August.
In November, global cinemas accounted for $0.8 billion box office, but the result is not a sign of a new dramatic downwards trend says Chief Analyst Thomas Beranek.
Colombia is the latest market to achieve the Stage 2 target of Gower Street's Blueprint To Recovery as Latin America continues slow return.
Despite a retracting exhibition footprint the opening of THE CROODS: A NEW AGE scored a post-lockdown 3-day high.
Victoria's re-opening after months in a secondary lockdown brought a small but important boost to Australia's recovery progress this week.
Gower Street was invited to take part in Comscore webinars for Germany and Spain last week, presenting the latest recovery information.
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.
In October, global cinemas generated a $1.4 billion box office, by far the highest monthly sum since shutdown.