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.
In October, global cinemas generated a $1.4 billion box office, by far the highest monthly sum since shutdown.
Japan has become the first global market to achieve a Stage 5 "Recovery" level play-week for two consecutive weeks.
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.
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.
Markets across the Asia Pacific region are showing what is possible on the road to recovery.
In September, after six consecutive months of losses, the global box office finally began to show recovery.