
Box Office Revenue Crashes 80 Percent to 40-Year Low

By John Nolte – Breitbart News
The 2020 box office collapsed 80 percent in North America, which is right around a 40-year-low.
What a catastrophe for movie theaters.
What a gift to the movie studios.
And all because everyone freaked out over a virus with a survival rate of around 99.6 percent, and likely closer to 100 percent for the young people who make up a majority of moviegoers.
Oh, and that 40-year-low is not adjusting for inflation. That’s dollars-to-dollars, so this might very well be a hundred year low, or an all-time low:
Preliminary estimates show North American movie ticket sales for 2020 inching toward $2.3 billion. That would be the lowest showing since the early 1980s, if not the late 1970s, and that’s before adjusting for inflation. Box-office tracking didn’t begin in earnest until the early ’80s, so sourcing is complicated, although the Motion Picture Association shows domestic revenue hitting $4 billion for the first time in 1984.
Presently, domestic revenue for 2020 stands at around $2.2 billion, according to Comscore. That’s down roughly 80 percent from 2019.