U.S. Box Office Fell 80 Percent in 2020 as Streaming Boomed

The debut of Legendary and Warner Bros.’ Godzilla vs. Kong on HBO Max on March 31, the same day the big budget pic opened in theaters, became an afterthought when the monster showdown roared to a $48.1 million opening at the domestic box office, by far a pandemic best and providing a huge jolt of confidence for the theatrical business.

Patrick Frater Asia Bureau ChiefTheatrical box office in Hong Kong was down by only 4% over the four-day Easter holidays, compared with the same period in 2019, the last pre-COVID year. The score was achieved despite mandatory seating restrictions still in place.Data published Wednesday by Hong Kong Box Office Limited, showed gross revenues of HK$28.4 million ($3.64 million) between April 2-5, 2021.

Brent Lang Executive Editor of Film and MediaThe box office success of “Godzilla vs. Kong” lifted exhibition industry stocks on Monday, reinvigorating the share prices of leading theater companies such as AMC, Imax and Cinemark.The monster mano a mano grossed a mighty $48.5 million in its first five days in theaters, setting a record for the pandemic era and signaling that after a punishing year the movie business may be poised for a post-COVID comeback.

Godzilla vs. Kong, Hollywood's newly crowned pandemic-era box-office champ, has already suffered a surprise upset in China.

Rebecca Rubin Film and Media Reporter“Godzilla vs. Kong” proved that buzzy new movies can sell tickets, even if they’re already available to watch at home.After months of new releases bringing in lackluster box office ticket sales, “Godzilla vs.

It has been months since we’ve really been able to give good news regarding the box office, but thanks to Adam Wingard’s MonsterVerse extravaganza, “Godzilla vs. Kong,” North American theaters are finally starting to show some signs of life.

AMC Entertainment shares were up more than 16% in midday trading in the midst of an aggressive rally powered by Gozilla Vs. Kong‘s $285 million global box office that “destroys lingering concerns around theatrical window importance and demonstrates a solid path to resurgence,” according to one Wall Street analyst.

Godzilla vs Kong seems to have put theatres back in business and has become that film which is successfully boosting the confidence for theatre owners and studios who have been plagued with worries owing to the pandemic. The COVID-19 crisis put a hold on the theatre business and the Adam Wingard film seems to have come as a saviour.

The U.S. box office is back in action.

Godzilla vs. Kong continued to score the best opening numbers of the pandemic at the North American box office, grossing another $11.6 million on Friday for a three-day total of $27.9 million.

Rebecca Davis editorWhile the U.S. industry celebrated “Godzilla vs.

The Vaughn Stein-directed psychological thriller Every Breath You Take made its theatrical premiere this weekend on 106 screens and added some coins to the specialty box office piggy bank. The film, which also landed on VOD this weekend, is on track to earn an estimated $35K with its debut.

Godzilla vs. Kong has set a new pandemic box office record, scoring the biggest US opening weekend in over a year.The blockbuster film was released in the US on Wednesday (March 31) and arrived in the UK the following day as a home Premium VOD rental.According to Variety, the movie took $48.5million (£35m) this weekend, beating the record by tens of millions of dollars.

Refresh for latest…: After logging the best pandemic-era start for a Hollywood movie at the international box office last weekend, Warner Bros/Legendary’s Godzilla Vs Kong has punched up $285.4M worldwide through Sunday.

After a year of closures, false starts, and seemingly endless waiting, Warner Bros./Legendary’s “Godzilla vs. Kong” has given the box office and movie theater owners reason to cheer.

Rebecca Rubin Film and Media Reporter“Godzilla vs. Kong” muscled its way to a pandemic-era box office record, giving Hollywood studios and theater owners alike hope that people are ready to return to the movies after a year of watching Netflix at home.The tentpole, from Warner Bros.

Rebecca Rubin Film and Media Reporter“Godzilla vs. Kong” continues to rake in monster ticket sales, pulling in $11.6 million on Friday for a three-day haul of $27.9 million.Through Sunday, the Warner Bros.