Again and again we not only report on current cinema films, but also on their income. The so-called box office can not only be determined for individual films, but can also be used collectively as an indicator for the state of the film market. And last year’s figures suggest that Hollywood has taken a noticeable step forward. Finally, Gower Street Analysis reports worldwide earnings from $25.9 billion. This represents an increase of 27 percent compared to 2021.
Corona as a breaking point
However, Gower Street emphasizes that this is still a huge step backwards compared to before the pandemic. Compared to the average from 2017, 2018 and 2019, the box office value for 2022 is 35 percent further down. Grower reports one here Loss of approximately $14 billion at current exchange rates.
The three largest individual countries in terms of revenue in 2022 were the US at 29 percent, China at 17 percent and Japan at 6 percent. Deadline highlights China as one of three markets whose box office numbers have shrunk compared to 2021. Here the website throws into the room that many Hollywood films will not be released in China in 2022. It remains to be seen how the numbers will develop in the coming year.
The highest grossing film of the year was Top Gun: Maverick with income of approx $1.49 billion. Just behind it must be Avatar: The Way of Water While content with second place, Gower insists that the film will ultimately take more than Top Gun. This is confirmed by Deadline, who note that the Avatar sequel has since taken on more than the Tom Cruise flick. According to Box Office Mojo, the global box office for the second Avatar film is currently around $1.51 billion.
More Hollywood news
In the past few weeks and months, in particular Marvel and DC made numerous headlines. While Marvel with Black Panther: Wakanda Forever was able to celebrate another cinema success, there were a multitude of changes and confusions around DC. So James Gunn and Peter Safran are now the new dual leadership of the DC studios.
Sources: deadline, Grower Street Analysis, Box office mojo
