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 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.
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…
This week Gower Street has introduced a new feature to our International Road To Recovery report: Global and Regional Stage 1 Growth Trackers.
July saw global cinemas generate over $320 million.
Variety has published a new article focused on Gower Street's latest data on global cinema recovery.