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‘Barbenheimer’ and Chinese Movies Speed Up Global Box Office Recovery

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08.09.2023 - 14:11

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Patrick Frater Asia Bureau Chief Strong summer season performances by movies across the world have sped up the movie industry’s global recovery.

And for the second time this year, analysis firm Gower Street Analytics has revised its forecast for the 2023 cinema year upwards.

The London-based firm is now forecasting that the full-year global gross box office will weigh in at $34.5 billion, a $2.5 billion increase on its April forecast.

The upgrade reflects a strong July-August period globally, but with the majority of the increase due to the summer movie season boom in China.

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