The Limited Times

Now you can see non-English news...

China overtakes USA, box office at the top of the world

2020-10-20T07:13:07.620Z


Almost two billion dollars. Forever primacy in North America (ANSA)


China is officially the box office with the highest grossing in the world.

The overtaking took place on the United States which held the primacy in practice since the dawn of the film industry.

Currently, China's receipts are almost two billion dollars, to be exact one billion and 988 million, while the United States are at one billion and 937 million.

This was revealed by an analysis by Artisan Gateway that the gap is set to grow by the end of the year.

The trend for China to overtake had already started for some time, however the pandemic has accelerated the transition.

Based on the coronavirus containment measures, China has been able to open cinemas to 75%, while in the US cinemas in cities like New York and Los Angeles are still closed.

In addition, what were supposed to be the main blockbusters of 2020 have been postponed for a year and in the worst case even two.

Last year alone, North America could boast cinema box office receipts of nearly $ 11.5 billion, while China was just over $ 9 billion.

According to Variety, this year's revenues for China are still 75.5% less than in 2019, however there is optimism for a gradual recovery even in the absence of new releases.

During the period 1-8 October, which also coincides with the week of the National Day, tickets were sold for 586 million dollars.

A local blockbuster like My People, My Homeland grossed over $ 19 million in a single weekend, while China also produced the highest grossing film in 2020 worldwide, The Eight Hundred, with over 460 million. dollars.

The Hollywood counterpart, Bad Boys for Life, sequel to Bad Boys II (2003) and third installment of the Bad Boys series has instead grossed just over 426 million dollars.

In the United States, Honest Thief with Liam Neeson in the first weekend of release instead grossed only three million and 700 thousand dollars and, given the times, is considered a respectable figure.

Source: ansa

All life articles on 2020-10-20

Similar news:

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.