Box office collections for the summer of 2021 have increased by 893 percent compared to 2020, but still pale in comparison to the 2019 collections, according to recent reports. The 2021 summer theatrical releases included films such as Black widow, F9, and A quiet place, part II. In the summer of 2021, cinemas reopened after closings due to closures implemented during the height of the COVID-19 pandemic.
Following delays, closures, and alternate release plans such as direct introduction to streaming, theaters are finally reopening and showing the latest films once again. Like many other parts of the entertainment industry, such as concerts and theatrical shows, theaters were closed to deal with the COVID-19 pandemic, prompting studios to scramble to find alternative release strategies or to crack down on it. great launches. As restrictions are being lifted and cinemas are reopening, audiences have returned cautiously, leading to Shang Chi and the ten rings breaking Labor Day records at the box office. Despite optimism about the numbers, things are still far from pre-pandemic numbers.
According to Deadline (via Slashfilm), estimated box office takings from the first weekend of May through Labor Day weekend totaled $ 1.75 billion nationally. This is 9 times the $ 176.4 million box office they took during the same period in 2020, which saw few theatrical releases outside of Christopher Nolan’s then long-awaited. Beginningwhile movies like Birds of Artemis and Bill and Ted face the music alternatively, it was removed on streaming services. Despite the impressive growth, the 2021 box office numbers still pale in comparison to 2019’s $ 11.3 billion in domestic box office takings.
The summer of 2019 saw the release of many anticipated movies like Spider-Man: Far From Home, Toy story 4, Once upon a time in hollywood, and MidsummerBut the impressive box office numbers weren’t just down to quantity. In particular, the summer of 2019 saw the launch of Avengers Endgame, with the conclusion of Marvel’s Infinity Saga grossing $ 858.3 million at the box office, placing it second in all-time national box office records and beating James Cameron. Avatar. Endgame also joined another notable launch from The Walt Disney Company, The Lion King, which made $ 592.5 million for Disney and placed it 13th in the all-time national box office records.
Although the box office numbers may not be at the breakneck and record heights set by the 2019 blockbusters, it is a promising sign for studios and theaters. Despite audience doubts due to fears surrounding the Delta variant as most releases see simultaneous releases on streaming services, people are slowly but surely returning to theaters for the latest releases, and This, in turn, will make studios more confident in releasing more of their top titles. in theaters as long as they remain open. This can be seen with Shang-Chi and the ten rings, whose box office performance has inspired Disney to move forward with Eternal‘Exclusive release for theaters on November 5, as Sony advances the release date of Poison: Let there be slaughter for 2 weeks until October 1. While moves like simultaneous releases to streaming and reduced theatrical release windows have the potential to change the industry, these box office numbers show that theater still has a place within the modern movie-watching experience.
Next: Why Movie Streaming Numbers Cannot Be Converted For Box Office Comparisons
Source: Deadline (via Slashfilm)
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