2021 box office was a major recovery from 2020 but was still far below 2019, suggesting the road to box office recovery is still a long way away.
The 2021 domestic box office was up quite a bit from 2020 but could not come close to the revenue of 2019. The film industry took a major hit in 2020 as theaters closed down due to the COVID-19 pandemic, and studios adapted to releasing films in an uncertain time on streaming while also delaying many major releases. 2021 saw theaters start to slowly open up as vaccines became more available, and many major releases were released, hoping to draw audiences safely to the movie theaters.
2021 has seen some box office success stories, like the massive opening weekend of Spider-Man: No Way Home, which has become the 11th highest-grossing film of all time at the domestic box office unadjusted for inflation. Yet even some hits have had marks against them, like in the case of No Time To Die, which is still reportedly set to lose money despite it grossing $774 million worldwide.
There were a number of factors that account for this massive gap between 2019 and 2021. The COVID-19 pandemic was the largest factor, and that some theaters didn't start opening until mid-March to Memorial Day weekend, leaving many months with fractured box office. Studios also released many of their films on streaming day and date with theaters, cutting into the overall box office.
While 2021 was down from 2019, the fact that it was so far up from 2020 is a promising sign. 2022 will begin with theaters fully open, something that 2021 did not, and will feature a number of high-profile releases like The Batman, Jurassic World: Dominion, and Avatar 2. With the various studios returning to a 45-day theatrical window, and the vaccine more readily available, it is likely that the 2022 box office will rise above 2021.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/GBP drops to the lowest level since February 2020, around 0.8370-65 areaThe EUR/GBP cross edged lower through the early European session and dropped to the lowest level since February 2020, around the 0.8370-65 region in t
Read more »
New Jersey doctor warns Omicron peak could exceed hospitalizations seen in March 2020The Omicron variant is causing record-breaking COVID-19 cases in New Jersey and state modeling shows hospitalizations could soon follow.
Read more »
Preliminary Findings of 2020 Election Audit Finds Little Trouble in Big Texas CountiesThe Texas Secretary of State released preliminary findings Friday from an audit of election results ordered earlier this year by Republican Gov. Greg Abbott and found few issues.
Read more »
In-Depth: COVID-19 in Utah in 2020 vs. 2021Utah lost more than 2,200 lives to COVID-19 this year and 1,569 last year. But year-to-year comparisons fall short because COVID came to Utah two months into 2020. So we broke the numbers down in ways that show the strange fluctuations of the pandemic.
Read more »
Audit finds no widespread fraud during 2020 presidential election in TexasThe state is continuing to investigate nearly 600 votes statewide that may have been cast illegally, but there is no indication of any widespread fraud.
Read more »
COVID hospitalizations in N.J. hit highest levels since 2020 amid worries about omicron spreadThe COVID-19 hospitalization rate in New Jersey continues to climb.
Read more »