Report: Global Movie Box Office Down 66 Percent For 2020

For the U.S., the firm’s annual study projects a 65.7 percent decline from $11.4 billion in 2019 to $3.9 billion this year. The firm warned that “the whole cinema ecosystem will be dramatically affected,” with cinema revenue, comprised of box office and cinema advertising (but excluding concession sales in cinemas and movie merchandising), set to contract globally at a 2.4 percent compound annual rate from 2019 to end 2024 with $39.9 billion. – The Hollywood Reporter