Comscore Announces Global Box Office Totals For 2020

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Comscore Announces Global Box Office Totals For 2020

2020 global box office hits impressive $12.2 billion despite profound impact of COVD-19 pandemic on movie industry

PR Newswire

RESTON, Va., Jan. 15, 2021 /PRNewswire/ -- New information from Comscore (NASDAQ: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, shows how a combination of a well-managed pandemic response coupled with strong local product has led to a strong theatrical recovery in many countries around the globe. Though as expected the results were much lower than in a traditional year, the $12.2 billion global revenue in theaters demonstrates that with careful planning, adherence to local health regulations and must-see content, studios and exhibitors found a path to success even as the world continues to navigate the COVID-19 pandemic.

The $2.25B performance of the North American box office showed that even amid a pandemically-challenged marketplace, several new movies found enthusiastic audiences both at the drive-in and in the limited number of brick-and-mortar theaters that were open despite an almost unlimited availability of filmed content at home on the small screen. Films as varied as "Wonder Woman 1984," "The Croods: A New Age," "Unhinged" and "The Wretched" drew movie fans to the big screen in 2020.

China has seen the strongest box-office recovery post lockdown. Initially closing in January 2020, the Chinese market remained closed for a full six months (despite a brief, and quickly abandoned, flirt with re-opening in late March). The whole-market return approach seems to have sold the message better to cinema goers, rebuilding a broader consumer confidence more quickly with local titles like "The Eight Hundred" and "My People, My Homeland" powering this rebound, both impressively earning over $400M

Comscore - Global Box Office Data

Year

North America

% Of Global

International

% Of Global

China

China % Of
International

China % Of
Global

Global Total

2020

$2,250,000,000

18.4%

$9,950,000,000

81.6%

$3,100,000,000

31.2%

25.4%

$12,200,000,000

2019

$11,400,000,000

26.8%

$31,100,000,000

73.2%

$9,200,000,000

29.6%

21.6%

$42,500,000,000

2018

$11,900,000,000

28.5%

$29,900,000,000

71.5%

$8,790,000,000

29.4%

21.0%

$41,800,000,000

2017

$11,100,000,000

27.1%

$29,800,000,000

72.9%

$8,330,000,000

28.0%

20.4%

$40,900,000,000

2016

$11,400,000,000

29.0%

$27,900,000,000

71.0%

$6,870,000,000

24.6%

17.5%

$39,300,000,000

2015

$11,100,000,000

28.4%

$28,000,000,000

71.6%

$7,070,000,000

25.3%

18.1%

$39,100,000,000

2014

$10,400,000,000

28.6%

$26,000,000,000

71.4%

$4,820,000,000

18.5%

13.2%

$36,400,000,000

2013

$10,900,000,000

30.4%

$25,000,000,000

69.6%

$3,640,000,000

14.6%

10.1%

$35,900,000,000

2012

$10,800,000,000

31.1%

$23,900,000,000

68.9%

$2,740,000,000

11.5%

7.9%

$34,700,000,000

Japan, like every other country, was affected by the reduction of worldwide theatrical releases. However, the ability to have their local titles (like the hit movies "Demon Slayer: Mugen Train" and "I'm From Today!") released into the market, allowed Japan to continue to operate with a steady stream of films and thus continued to attract audiences.

Like China and Japan, South Korea has also realized gains from showcasing local product allowing the Korean market to boast solid results with the appeal of films like "The Man Standing Next" and "Deliver Us From Evil" reflected in their strong box office performance.

This success was not limited to the Asia Pacific region, other countries like Spain had impressive success with individual titles such as "Padre No Hay Mas Que Uno 2" ("Father There is Only One 2") that back in late-July served to jump-start Spain's box office by 100% week over week.  The film was number one in Spain in 2020 generating an impressive $15.2M.

"Though the pandemic has caused much disruption to the theatrical business, there are encouraging signs of recovery in many countries around the world," said Paul Dergarabedian, Senior Media Analyst, Comscore. "Today we know that audiences are anxious to return to enjoy the theatrical experience and the many notable successes prove that if cinemas are open and offer great content, moviegoers are indeed excited to watch appealing movies on the big screen."

About Comscore

Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms. With a data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore allows media buyers and sellers to quantify their multiscreen behavior and make business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. To learn more about Comscore, visit www.comscore.com.

New comScore logo (PRNewsFoto/comScore, Inc.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/comscore-announces-global-box-office-totals-for-2020-301209105.html

SOURCE Comscore

Copyright CNW Group 2021

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).