Global box office is estimated to have reached $33.9B for 2023, a 30.5% gain on 2022, according to Gower Street Analytics. While this represents continuing worldwide recovery, the figure remains 15% behind the average of the last three pre-pandemic years (2017-2019).
Gower Street also recently estimated that, due in part to this year’s strike-impacted release calendar, 2024 is projected to drop to $31.5 billion, which, given today’s revised estimate for last year, would come in at 7% below 2023.
North America remained the top global market in 2023 with an estimated $9.07B, up 21% year-on-year, but still 21% behind the 2017-2019 average.
It accounted for 26.8% of the worldwide result, down from 28.9% in 2022. Excluding China, the international box office is estimated at $17.1B in 2023, a similar 20% gain on 2022 but tracking slightly better against the 2017-2019 average (-15%), per Gower Street.
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