Comscore Announces Global Box Office Totals For 2020

Rhea-AI Summary

Comscore (NASDAQ: SCOR) reported a global box office revenue of $12.2 billion for 2020, reflecting strong recovery despite pandemic challenges. North America contributed $2.25 billion, accounting for 18.4% of global revenue. The Chinese market showed significant recovery, with local hits like 'The Eight Hundred' earning over $400 million. Other countries, including Japan and Spain, also saw successful local titles driving box office performance. Comscore emphasizes that with effective health measures and appealing content, audiences are eager to return to theaters.

Positive

• Global box office revenue of $12.2 billion in 2020 shows recovery potential.
• North American box office generated $2.25 billion despite pandemic limitations.
• China's box office recovery led with local films earning significant revenue.
• Successful local titles in Japan and Spain contributed to positive box office performance.

Negative

• None.

RESTON, Va., Jan. 15, 2021 /PRNewswire/ -- New information from Comscore (NASDAQ: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, shows how a combination of a well-managed pandemic response coupled with strong local product has led to a strong theatrical recovery in many countries around the globe. Though as expected the results were much lower than in a traditional year, the $12.2 billion global revenue in theaters demonstrates that with careful planning, adherence to local health regulations and must-see content, studios and exhibitors found a path to success even as the world continues to navigate the COVID-19 pandemic.

The $2.25B performance of the North American box office showed that even amid a pandemically-challenged marketplace, several new movies found enthusiastic audiences both at the drive-in and in the limited number of brick-and-mortar theaters that were open despite an almost unlimited availability of filmed content at home on the small screen. Films as varied as "Wonder Woman 1984," "The Croods: A New Age," "Unhinged" and "The Wretched" drew movie fans to the big screen in 2020.

China has seen the strongest box-office recovery post lockdown. Initially closing in January 2020, the Chinese market remained closed for a full six months (despite a brief, and quickly abandoned, flirt with re-opening in late March). The whole-market return approach seems to have sold the message better to cinema goers, rebuilding a broader consumer confidence more quickly with local titles like "The Eight Hundred" and "My People, My Homeland" powering this rebound, both impressively earning over $400M. 

Comscore - Global Box Office Data
Year	North America	% Of Global	International	% Of Global	China	China % Of International	China % Of Global	Global Total
2020	$2,250,000,000	18.4%	$9,950,000,000	81.6%	$3,100,000,000	31.2%	25.4%	$12,200,000,000
2019	$11,400,000,000	26.8%	$31,100,000,000	73.2%	$9,200,000,000	29.6%	21.6%	$42,500,000,000
2018	$11,900,000,000	28.5%	$29,900,000,000	71.5%	$8,790,000,000	29.4%	21.0%	$41,800,000,000
2017	$11,100,000,000	27.1%	$29,800,000,000	72.9%	$8,330,000,000	28.0%	20.4%	$40,900,000,000
2016	$11,400,000,000	29.0%	$27,900,000,000	71.0%	$6,870,000,000	24.6%	17.5%	$39,300,000,000
2015	$11,100,000,000	28.4%	$28,000,000,000	71.6%	$7,070,000,000	25.3%	18.1%	$39,100,000,000
2014	$10,400,000,000	28.6%	$26,000,000,000	71.4%	$4,820,000,000	18.5%	13.2%	$36,400,000,000
2013	$10,900,000,000	30.4%	$25,000,000,000	69.6%	$3,640,000,000	14.6%	10.1%	$35,900,000,000
2012	$10,800,000,000	31.1%	$23,900,000,000	68.9%	$2,740,000,000	11.5%	7.9%	$34,700,000,000

Japan, like every other country, was affected by the reduction of worldwide theatrical releases. However, the ability to have their local titles (like the hit movies "Demon Slayer: Mugen Train" and "I'm From Today!") released into the market, allowed Japan to continue to operate with a steady stream of films and thus continued to attract audiences.

Like China and Japan, South Korea has also realized gains from showcasing local product allowing the Korean market to boast solid results with the appeal of films like "The Man Standing Next" and "Deliver Us From Evil" reflected in their strong box office performance.

This success was not limited to the Asia Pacific region, other countries like Spain had impressive success with individual titles such as "Padre No Hay Mas Que Uno 2" ("Father There is Only One 2") that back in late-July served to jump-start Spain's box office by 100% week over week.  The film was number one in Spain in 2020 generating an impressive $15.2M.

"Though the pandemic has caused much disruption to the theatrical business, there are encouraging signs of recovery in many countries around the world," said Paul Dergarabedian, Senior Media Analyst, Comscore. "Today we know that audiences are anxious to return to enjoy the theatrical experience and the many notable successes prove that if cinemas are open and offer great content, moviegoers are indeed excited to watch appealing movies on the big screen."

About Comscore

Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms. With a data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore allows media buyers and sellers to quantify their multiscreen behavior and make business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. To learn more about Comscore, visit www.comscore.com.

 

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SOURCE Comscore

FAQ

What was Comscore's global box office revenue for 2020?

Comscore reported a global box office revenue of $12.2 billion for 2020.

How much did the North American box office earn in 2020?

The North American box office earned $2.25 billion in 2020.

Which country showed the strongest box office recovery?

China showed the strongest box office recovery, mainly driven by local films.

What local films contributed to box office success in Japan?

Local titles like 'Demon Slayer: Mugen Train' contributed to box office success in Japan.

How did Spain's box office perform during 2020?

Spain's box office was jump-started by the film 'Padre No Hay Mas Que Uno 2', generating $15.2 million.