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Box office situation in 2021; Less movies and more sales

BingMag.com <b>Box</b> <b>office</b> <b>situation</b> in <b>2021;</b> <b>Less</b> <b>movies</b> and <b>more</b> sales

Writer and critic Ryan Scott has made a strange point in his recent review of the Box office of Hollywood cinema. Incredibly, the number of films released in 2021 is the same as in 2020, it can even be said that this number is a little lower this year. This is strange from the point of view that this year was considered the year of the resurgence of cinema and the exit from the slumber caused by the Corona epidemic.

This article presents a key role in examining the future and current state of cinema, and perhaps its study is a must for any professional filmmaker. In the following, we will look at some statistics that are somewhat worrisome.

2020 vs. 2021: Net Statistics

BingMag.com <b>Box</b> <b>office</b> <b>situation</b> in <b>2021;</b> <b>Less</b> <b>movies</b> and <b>more</b> sales

2020 was definitely a terrible year for the world of cinema. A year that dealt a heavy blow to the entertainment industry. For most of the year, cinemas were closed. The entire film was scheduled for release, but was delayed and crashed into the offices of film companies. Cinema Machine (movie screenings for people in parked cars) improved the situation somewhat, but the Hollywoods were reluctant to screen movies that would have sold well if they had been released normally. As a result, fewer films were released last year, perhaps Less than many years in the history of cinema. According to the Mojo Box office website, 455 films were released in the United States in 2020.

It is true that the return to normalcy in the world of cinema is slower than what industry activists like, but without a doubt 2021 has been a much better year for the movie business. sales in 2021 were almost double that of 2020, with cinema ticket sales in North America reaching more than $ 2.1 billion this year. Overall cinema sales in 2021 have now reached $ 3.62 billion, and given that a key film such as "Spider-Man: No Way Home" has just been released, that figure is likely to reach more than $ 4 billion.

It may seem that now that sales are higher this year and cinemas have been open for much of the year, more movies have been released. But this is not the case! According to statistics, 408 films have been released across the United States this year, a figure that is even lower than in 2020. This is a remarkable point and raises many questions.

The past versus the future

BingMag.com <b>Box</b> <b>office</b> <b>situation</b> in <b>2021;</b> <b>Less</b> <b>movies</b> and <b>more</b> sales

To find statistics similar to the number of films released this year, we must go back to 2001. Only 413 films were released at that time. But in those years, Hollywood was focused on the movie series, and a year or two later things got better. A year later, 570 films were released, and in 2003, that number reached 667 films. The best statistics are related to 2018, when 993 films were released. In 2019, the same extraordinary statistics continued and reached 911 films.

In this case, the sharp difference between the statistics of 2019 and 2020 is logical. The engine of Hollywood, which is cinemas, was off. Screening in cinemas was widely and awkwardly stopped. But there is still no answer to the question of why so few films have been released this year, when almost everything is back to normal.

Another interesting statistic we can look at is the average revenue per film in Is the year. In 2020, the average was as low as $ 4.6 million. But by 2021, that number has doubled to $ 8.8 million. This is a huge improvement, especially when compared to 2019. That average was $ 12.4 million that year. The point is, when the number of films that could capture the attention of the public decreases, the number of films that have been released potentially earns more money, especially in the larger, busier blockbusters.

So what exactly do these mean?

BingMag.com <b>Box</b> <b>office</b> <b>situation</b> in <b>2021;</b> <b>Less</b> <b>movies</b> and <b>more</b> sales

These signs are news This indicates that fewer films will be produced and/or released in the future. At least that prediction applies to movies that are set to hit theaters for at least a day. What is not included in this statistic are movies that are exclusively on streaming networks. If we take them into account, the number of new films that have been released this year will increase more than ever. The problem is that most of these streaming movies have no eye on the revenue at all. Netflix does not care at all how much a movie like "Transfer of Prince 3" makes in theaters. The company's only criterion is that its subscribers remain active.

Even in the case of high-profile and Oscar-winning films such as "Don't Look Up" or "The Power of the Dog," Netflix's motivation for releasing them is only to qualify. Oscars. Screening of these works has no effect on their income. This is true of almost all other streaming networks.

Thus, in the future, traditional film companies will be more selective in making and screening their films, as audiences seem to be following the Corona epidemic. Cinemas have also become more selective than before. The Market Watch website reported in a new report that last year 70% of people preferred to watch movies at home. This statistic reinforces the same theory that we mentioned earlier in this article. 2022, which is an important year for the full return of cinema to normalcy, seems to play a key role in determining the future of cinema.

Source: SlashFilm

Tags: box, office, situation, 2021;, less, movies, more, sales

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