Global cinema box office is set for a strong recovery next year, analysis firm Gower Street Analytics predicts. But a return to pre-COVID levels of business will have to wait until 2023 at the earl…
Gower Street predicts that, as the world recovers from COVID, a more familiar box office hierarchy will be restored, with North America the single largest theatrical territory.
Gower Street forecasts that next year North American theatrical will more than double from an estimated $4.4 billion in 2021 to a predicted $9.2 billion in 2022. China, it forecasts, will climb from an estimated $7.2 million in 2021 to $8.2 billion in 2022. The rest of the world , Gower Street forecasts will jump from an estimated aggregate of $9.4 billion in 2021 to $15.8 billion in 2022.
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