Worry is not in vain.
After booming summer, domestic box office revenue plunged to projected $ in September .700,000, according to Comscore, which is 25 years this month Worst performance ever. The last time it was this low – excluding 2019, was during the core of the coronavirus – Crisis – Happened at 1996 ($ in September .70 million).
Ticket sales for September 2021 even reached $132 million, thanks to Marvel’s The Legend of Shang Zhi and the Ten Rings .
The downturn in September 2023 was due to the lack of high-profile full-audience event titles. With other Like the industry, Hollywood studios are grappling with supply chain issues due to the pandemic, both in production and post-production delays.
In the corridors from March to July, there is a large backlog of products to be stacked on the deck. The surge in attendance cast a much-needed vote of confidence in the theater experience. Top Gun: Maverick 1235228570, released on Memorial Day weekend, led the revival with a staggering $1 box office. 19 Global Billion. Jurassic World Reign , Doctor Strange’s Multiverse of Madness and Minions: The Rise of Gru revives as July box office hits $1 billion mark for first time since COVID-19 – is coming.
“It’s a drought after a feast,” said Paul Dergarbedian, chief box office analyst at Comscore. “The good news is that September 2023 marked more anomalies than trends, while September 2018 boasting equalizer 3 1235228570, Sister 2 and of course the next Deadpool blockbuster.”
For decades, September’s box office revenue was relatively sluggish. The studio assumes consumers have other priorities after the summer, including returning to school or college. But that changed as the entire calendar became more crowded. A key turning point was New Line’s It in September 2019 released , total revenue for the month rose to a record $702.90 million, according to Comscore.
followed by $698.800,000885 and $670.2 million2019. Revenue drops to $25.90 million 2021 as many theaters are still struggling to reopen. Before COVID- crisis, September revenue did not fall below $326 million or so because 703.
This is not to say that September 2023 has lost the famous title. The difference is that they haven’t turned into crossover hits. Black-headed women Queens are the highest earners as of this month Nine moon Domestic income is nearly $25 million, and don’t worry, darling earned $16.400k in the first five days or so of its release.
By mid-October, the marquee will become more crowded. DC and Warner Bros open in October Black Adam starring Dwayne Johnson 6663 In North America, the opposite of Universal’s romantic comedy Tickets to Paradise , starring George Clooney and Julia Roberts. A week ago, Universal and Blumhouse opened in theaters Halloween Ends (also premiered in Peacock).
At the height of the pandemic, most theater operators were in acceptance mode where the box office recovery was far from over. They are counting on another major rebound from the holiday season at the end of the year, which will lead to events such as Black Panther: Wakanda Forever (November ) and Avatar: The Way of Water(Dec73544 ).
large exhibitor Cineworld However, must apply for chapter Bankrupt in the US , which operates Regal Cinemas.