Box Office Revenues Plunged by $30B in a Year, US Market the Hardest Hit
Jastra Kranjec
May 10, 2021
The COVID-19 has had a devastating impact on the global film industry. With cinemas closed amid the lockdowns and millions of people practicing social distancing, ticket sales plunged to the lowest point in decades. According to data presented by Stock Apps, global box office revenues amounted to $12bn in 2020, a catastrophic $30bn plunge in …
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