Following the pandemic in mainland China, 70,000 cinemas were closed in January 2020. Attendance was also lower in other regions.
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Ĭountries that were pandemic hot-spots closed or restricted cinemas and movie theaters, negatively affecting film revenue. In early March 2020, it was predicted that the global box office could lose US$5 billion as a result of the pandemic. A year later, Avatar: The Way of Water surpassed Spider-Man: No Way Home to become the highest-grossing film released during the COVID-19 pandemic, and went on to gross over $2 billion, the first film to do so since 2019's Avengers: Endgame and during the pandemic era, as well as becoming the highest-grossing film of 2022 and the third highest-grossing film of all time.īox office A Brooklyn cinema announcing its showings in February 2020 A Quiet Place Part II 's release was subsequently postponed. Despite the still-ongoing pandemic, the December 2021 release Spider-Man: No Way Home quickly became the highest-grossing film of 2021, the sixth highest-grossing film of all time just over a month after its theatrical release, and the first film since 2019 to earn more than $1 billion worldwide. In 2021, the worldwide box office showed signs of recovery, with a 78% increase in revenue over 2020.
It was the first time since 2007 that the top-grossing film of a given year had earned less than $1 billion and the first time a non-American film was the top-grossing film of the year. The highest-grossing film of 2020 was the anime film Demon Slayer: Kimetsu no Yaiba – The Movie: Mugen Train, which earned $503 million worldwide. North America saw its lowest box office weekend since 1998 between March 13–15. The Chinese film industry had lost US$2 billion by March 2020, as it had closed all its cinemas during the Lunar New Year period that sustained the industry across Asia. This, in turn, created openings for independent cinema productions to receive wider exposure. Many blockbusters originally scheduled to be released by mid-March 2020 were postponed or canceled around the world, with film productions also being halted. Due to cinemas and movie theaters closing, the global box office dropped by billions of dollars, streaming saw a significant increase in popularity, and the stock of film exhibitors dropped dramatically. Across the world, and to varying degrees, cinemas and movie theaters were closed, festivals were cancelled or postponed, and film releases were moved to future dates or delayed indefinitely. So get ready to blast off in a rocket fuelled Starfield performance preview.The COVID-19 pandemic had a negative effect on certain films in the early 2020s, mirroring its impacts across all arts sectors. We also compare the improvements over the previous showing, enhancements within the engine, and much more.
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The biggest question after the show(s) was: why is it 30fps on Xbox Series X and Series S and not 60fps? In this IGN Performance preview, we dive into the details shared by the team, the revealed PC minimum and recommended specifications, and how the Creation Engine 2 works, comparing the previous games to gauge some of the potential reasons why the team might have chosen 30fps. With Starfield being the center of the Xbox 2023 Showcase last week, Bethesda gave us a deep dive into one of the biggest games this generation. AMC now faces financial uncertainty after its credit rating was downgraded amid fears the company will run out of cash during the closure. After closing more than 600 locations in March, the company furloughed its CEO and other corporate employees.
Those blockbusters are scheduled to return this summer, beginning with Warner Brothers’ Tenet and Disney’s Mulan, with many more major titles scheduled immediately thereafter." The statement also indicates some AMC locations may undergo a soft reopening of sorts, with theaters slowly opening in the days and weeks leading up to Tenet's release and relying on "creative programming of immensely popular previously released films." AMC is among many companies hit hard by the COVID-19 pandemic. To be able to open, we also need a line of sight into a regular schedule of new theatrical blockbusters that get people truly excited about returning to their favorite movie theaters. AMC's statement reads: "As we plan our reopening, the health and safety of our guests and associates is our absolute highest priority.
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