The Domestic market out-performed China, for the first time since China’s July 2020 re-opening, during June.
In May, global cinemas accounted for $1.4 billion in box office. This is the third best global monthly result since March 2020.
The long-awaited re-opening of cinemas in New York City and Los Angeles helped the Domestic market to achieve the highest grossing month in a year.
In December, global cinemas accounted for $1.1 billion box office, but the result is no significant positive change in trend.
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.
In October, global cinemas generated a $1.4 billion box office, by far the highest monthly sum since shutdown.
In September, after six consecutive months of losses, the global box office finally began to show recovery.
In August, global cinemas generated a $1 billion box office. Double the box office for the four months from April till July combined. The latest update of Gower Street’s Global…
Gower Street's Director of Theatrical Insights, Rob Mitchell, discussed the short-term and longer-term future of the global movie exhibition industry with The Well News this week.