Box office sales bounce back in 2021, but trail 2019 numbers

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The box office in the US made $4.5 billion during 2021, a 101% increase from 2020 sales, but still about 60% lower than in 2019, CNN reported, citing comScore.

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big picture: Analysts don’t expect meaningful improvements at the box office until 2022, despite blockbuster hits like “Shang-Chi and the Legend of the Ten Rings” and “Spider-Man: No Way Home.”

  • Paul Dergarabedian, senior media analyst at comScore, told Nerdshala in September, “2022 is the time when we can begin to assess what we’ve learned over the past several months and then perhaps make bold statements about the future of the industry. “

Description: Sean Robbins, chief analyst at Boxoffice.com, told CNN that 2022 could be a better year for the box office, as new releases are expected, although it’s ultimately up to movie theaters and what they offer to the public.

  • Marvel, the biggest blockbuster brand, is set to release “Doctor Strange and the Multiverse of Madness,” “Thor: Love and Thunder” and “Black Panther: Wakanda Forever” in 2022.
  • Horror films like “Nope” by Jordan Peele and action films like “Top Gun: Maverick” with Tom Cruise will also be released in 2022.
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yes but: Online movie streaming also became popular over the pandemic and some of the films released this year may even be shipped to streaming services to boost sales, per CNN.

  • When the box office returns to its peak of $40 billion, as it did in 2019, will be determined by an “overall consumer base” that will remain “unusually divided among those who want to go back”. , and those who have won, according to CNN, “don’t go back as often as they used to,” Robbins said.

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