The global cinema industry is set to lose $32 billion in 2020 due to the COVID-19 pandemic, a 71.5% reduction in box office revenue compared to 2019, according to a recent report by media and tech research firmOmdia’s “Movie Windows: Adapting for the future” report finds that box office revenue has dipped below $13 billion for the first time in more than 20 years.
The report also states that premium VOD has accounted for only $630 million in revenues for studios in 2020.
Seems low
I saved thirty dollars, along with a billion other people.
CitizenKayS Putin doesn't like Hollywood.
Movies have gone the way of the painting. Only snobs with overflowing wine goblets will gather to watch movies in museums soon. How did movies become so boring in the first place? It’s the nepotism, stupid. Streaming waters down fame as it should be. Writers have the power now.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
AccuWeather: How the Global Weather Giant Supports Business & Industry Around the World - Happy Valley Industry 4.0Photo: AccuWeather How AccuWeather is impacting manufacturing, industry and even forensics — all from Happy Valley Gone are the days of a “wait and see” approach to weather. While it used to be something to be dealt with as it came, weather is now a carefully calculated science that can predicted down to the minute […]
Herkunft: accuweather - 🏆 46. / 68 Weiterlesen »
Martin Scorsese Says Cinema Is Being ‘Devalued’ to ‘Content’ in Essay Criticizing Modern Film IndustryIn an essay-long praise of film legend Federico Fellini as part of the March issue of Harper’s Magazine, Martin Scorsese laments over the devaluing of cinema. “As recently as fifteen years ago, the… Marty eso hace 40 años como minimo. 🙄 I guess he wasn't around in the thirties and forties before TV. Those studios produces all kinds of 'content' for their busy theaters and people who wanted to go to the movies two or three times a week. You’re absolutely right Marty.
Herkunft: Variety - 🏆 108. / 63 Weiterlesen »
Patrick Wilson, Other Industry Insiders Fight to Save Historic Jersey Shore CinemaIndustry insiders are hoping to revive and expand the century-old facility in Bradley Beach, which was forced to close as a result of the pandemic. Ok.
Herkunft: THR - 🏆 411. / 53 Weiterlesen »