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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Global Box Office Forecast to Rebound 68%, Reach $20 Billion by Year End
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variety.comPatrick Frater Asia Bureau ChiefGlobal box office this year overtook 2020’s COVID-stricken total of $12 billion at the end of August.
It is now forecast to reach $20.2 billion in 2021, according to analysis firm Gower Street Analytics.The good news is that would represent a 68% rebound compared with last year.
The bad news is the total would still be 52% below the $42.3 billion record set in 2019 and less than half of the $41.9 billion average in the three pre-pandemic years (2017-19).Gower Street uses a mixture of actual year-to-date data and box office predictions from individual territories.
These are derived from its Forecast service and territories’ currently-known release calendars.So far in 2021, aggregate box office from all.
Read more on variety.com
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