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However, as vaccines become widely available to those under the age of 11, this could shift once again. It seems older generations, many of which have kids that cannot be vaccinated, are now the ones that are less inclined to venture out to theaters. "Before the pandemic, there had been various narratives about how young consumers were turning away from so-called traditional habits in lieu of the litany of content distribution platforms across social media and streaming." "One of the most intriguing aspects of the theatrical restart during the pandemic has been the fact that young audiences are turning out in strong numbers and on a consistent basis," Robbins said. Still, audiences have been less predictable during the pandemic, and the availability of some blockbuster features on streaming at the same time as in theaters has led to cannibalization of ticket sales. The summer slate includes new releases from major franchises like Marvel, DC, Jurassic World, Top Gun, Fantastic Beasts, Minions and Transformers. However, the summer looks as "strong as ever," he said, likening it to 2019's blockbuster line-up. "Recovery has always been a multitiered process and, as strong as 2021 looks to finish, 2022 has the makings to take the box office rebound even higher," Robbins said.īut Bock expects the first part of next year "will be a slog," because there are few major releases as the year begins. In 2019, that 3-month period tallied nearly $3 billion.īox office analysts do not expect the fall 2021 slate to match that, but they are confident that titles like Disney's "Eternals" and "Encanto," Warner Bros.' "The Matrix Resurrections," and Sony and Marvel's "Spider-Man: No Way Home" will be enticing enough to help the 2021 box office reach around $4 billion.
#Highest grossing movies of the 70s movie#
Prior to the pandemic, the fall movie season - which encompasses October, November and December - accounted for around 25% of ticket sales each year. July featured the release of "Black Widow" as well as continued ticket sales of "F9," which debuted the last week of June. Theaters have already tallied $415.6 million in ticket sales in the first half of the month, putting it behind July, which garnered $583.8 million in sales, according to Comscore. With two weeks of sales yet to bake in, the October box office is the second-highest grossing month of the year. "To say the box office has turned a corner would be an understatement at this point," said Shawn Robbins, chief analyst at. This pattern suggests that as the threat of the coronavirus dissipates and major blockbuster titles continue to enter the market, the box office will return to more normal levels. Even better, these titles continued to lure in moviegoers in the weeks after their debuts. The "Venom" sequel, which debuted the first weekend in October, currently holds the record for the best opening during the health crisis, with around $90 million in ticket sales. Exclusive theatrical releases like Disney's "Free Guy," Marvel's "Shang-Chi and the Legend of the Ten Rings" and Sony's "Venom: Let There Be Carnage" have proven that there is a future for movie theaters, even if overall attendance and ticket sales are smaller than pre-pandemic times. Box office receipts have steadily improved throughout the year, as new films have become available on the big screen and audiences have grown more comfortable venturing out of their homes.