Gower Street estimates that the 2021 box office finished at $21.4 billion, 48% below the average of the last three pre-pandemic years.
Both the Domestic and International (excluding China) markets that recorded their biggest box office results since before the pandemic began in December.
Gower Street Analytics estimates 2022 global box office will reach $33.2 billion.
Global media outlets, including key trade publications Variety, Deadline, and Screendaily, have picked up the news of Gower Street's year-end 2021 box office projection.
Gower Street is predicting the global box office to finish at approximately $20.2 billion in 2021.
Gower Street has added multiple new features to its Road To Recovery reports to help readers track what is happening locally, regionally and globally.
The market share of open movie theaters around the world has surpassed 80% for the first time since the Coronavirus pandemic began.
The importance of the impressive opening seen this past weekend by Warner Bros' GODZILLA VS KONG can not be underestimated as the global box office seeks recovery following a long hard year.
Gower Street's latest Road To Recovery report was a source of insight into the global box office in a recent Deadline article.