What movie will be known as the savior of theaters across the U.S.? The box office hasn't returned to pre-COVID-19 numbers at all. While big hits like Avatar: The Way of Water and Top Gun: Maverick spiked box office numbers, films like Babylon and Shazam: Fury of the Gods were failures that devastated the industry. Despite the highs and lows of theatrical releases in the past year, movie theaters are recovering. Gower Street Analytics released a new study at CinemaCon this year that showed revenues in 2023 will reach $32 billion. Although that isn't near the pre-pandemic levels of $42 billion, that number is still a significant increase from 2022's revenue of $25.9 billion (according to Gower Street Analytics). The Super Mario Bros. Movie has been a beacon of light for theaters as it kicked off 2023 with a bang by bringing in over $146 million in domestic revenue and $878.1 million at the worldwide box office, making it the highest-grossing film based on a video game. Read More...
Published By: NoFilmSchool - Tuesday, 25 April, 2023