CHATTER AWAY: Overnight Open Thread

The Hollywood Reporter reports:

It’s official: North American box office revenue plummeted 80 percent in 2020 amid the novel coronavirus pandemic and unprecedented theater closures, while global revenue tumbled more than 70 percent.

As predicted, domestic movie tickets sold between Jan. 1 through Dec. 31 came generated an estimated $2.3 billion (or $2.68 billion) compared to $11.4 billion in 2019, according to Comscore estimates. That’s the lowest showing in at least 40 years. The dramatic fall-off was expected.

Globally, 2020 movie ticket sales are expected to come in between $11.5 billion and $12 billion, compared to 2019’s $42.5 billion. In a first, China supplanted North America as the world’s moviegoing market in 2020, generating an estimated $2.7 billion in ticket sales, per Comscore.

Read the full article.

China’s box office expands to world’s largest, defying a year of disastrous takings as Covid-19 brings cinemas to their knees https://t.co/04Zdu3tg4l

— SCMP News (@SCMPNews) January 1, 2021