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  • Hollywood saw an unprecedented 80% slump in box office revenues in North America in 2020.

  • That's almost a 40 year low, according to historical data from Box Office Mojo research firm comScore.

  • End of year report has also stated that North American box office is brought in just $2.2 billion in 2020 compared to $11.4 billion in 2019.

  • With movie theaters closed across the world due to lock down measures, studios were forced to delay release dates for scores of new films.

  • Some firms, like AMC Entertainment, were brought to the brink of bankruptcy theaters is still yet to reopen in the biggest U.

  • S markets of Los Angeles and New York City, there will be nothing left to save.

  • Some 274 movies, including blockbusters like No Time to Die, A Top Gun Maverick and the Ninth Fast and Furious Action Film, were forced to move their release dates to 2021.

  • That left Sony Pictures cop caper Bad Boys for Life, released in January last year as the top earning movie in North America for 2020 with $206 million it will open the right doors.

  • Guerrilla tenets from Warner Brothers, which hoped Attempt Movie goes back to theaters in the summer, took just $58 million in the U.

  • S.

  • And Canada use it carefully.

  • One media analyst for comScore said that the 2020 revenue, much of it from driving venues, was actually grounds for hope.

  • Some industry observers feared the figure would be even smaller.

  • ComScore did not release worldwide data for 2020 but entertainment newspaper Variety reported that global return slumped some 71%.

Hollywood saw an unprecedented 80% slump in box office revenues in North America in 2020.

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Hollywood box office sales hit 40-year low

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    林宜悉 posted on 2021/01/14
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