As of Sunday, 88% of moviegoers were “very or somewhat comfortable” going to the movies, up a percentage point from a week ago and hitting a new high, according to the latest data from NRG released by the National Association of Theatre Owners. That compare to 65% in January at the height of the Omicron
Box Office
Where did everybody go? They certainly weren’t watching the Friday night Tokyo Olympics opening ceremony. The audience dropped to about 17 million, down 37 percent from 26.5 million viewers for the Rio de Janeiro opening in 2016. (Though Saturday was better.) We know they weren’t at the movies. The box-office dropped 25 percent from last
After debuting at the top of the U.S. specialty box office over Memorial Day weekend, family comedy/drama Dad, I’m Sorry (Bo Gia) has now surpassed the $1M mark, becoming the first Vietnamese-produced title to reach that milestone. Starring, written and co-directed by Tran Thanh, the movie added $116K in its third frame to bring its
Exhibition ruled the stock market today after a long holiday weekend saw Paramount’s A Quiet Place Part II crush it, earning $57 million over four days. That’s not far from the $60 million that the John Krasinski-directed sequel was anticipated to do in its 3-day opening pre-pandemic, according to my colleague Anthony D’Alessandro. Shares of Paramount
On Wednesday morning, studio executives and exhibitors will rally at AMC’s Century City 15 multiplex to cheer the return of movie theaters that had been closed by the pandemic. “The Big Screen Is Back,” they’ll declare. Glad to hear it. That’s great, as far as it goes. But those movers and shakers should probably charter
The Motion Picture Association released its annual report on box office and home entertainment, and the bottom line is sobering but little surprise after a year of Covid closures. The U.S./Canada box office market was down 80% in 2020, to $2.2 billion, while tickets sold were down 81% to 0.24 billion. Still, that was offset
Talk about box-office drama. As the July 4 weekend unwinds, IFC’sThe Truth might be slugging it out with Homewrecker from Dark Star and The Outpost from Fathom for the honor of ranking somewhere in the 300s, near IFC’s own Wiener-Dog, among all-time Independence Day performers. (Who can say for sure, as release dates have become
National Amusements, the Redstone family holding company, was placed on negative credit watch by ratings agency S&P Global after shares of ViacomCBS – which NAI uses as debt collateral – skidded so low over the past three weeks that the parent technically defaulted on a bank loan. That’s a headache for NAI but also a
Movie ticket prices fell 1% in both the second quarter and the first half of 2019, according to the latest figures from the National Association of Theatre Owners, but admissions and box office remain in the red. Average ticket prices came in at $9.26 in the second quarter, compared with $9.38 a year ago, with
When will the Sleeping Giant wake up? In the second half of every year for the past 10, the grown-up audience has opened its eyes, stretched its legs and gone to the movies in numbers big enough to make a certified hit of at least one non-animated, not-too-scary, non-sequel drama. If ascent to the year-end