Russia has become the first European box office market to achieve its Stage 5 target on Gower Street's Blueprint To Recovery.
In December, global cinemas accounted for $1.1 billion box office, but the result is no significant positive change in trend.
Gower Street's latest Road To Recovery report was a source of insight into the global box office in a recent Deadline article.
The end of the year proved a positive one in some areas with multiple markets hitting new stages on Gower Street's Blueprint To Recovery.
There are many factors that will mark 2020 out as a unique year at the global box office. Perhaps one of the most notable is the lack of a unifying global hit proving a dominant force at the box office.
As 2020 winds to a close, this week Gower Street takes a look at how 2020’s top performing titles compare to those of 2019.
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.