Global Box Office Projected to Reach $21.6B in 2021

Labor News, Industry News

Reprinted from Deadline Hollywood by Nancy Tartaglione on October 25, 2021.

In mid-September, Gower Street Analytics projected global box office for 2021 would come in at $20.2B. The London-based film tech company has now increased its estimate to $21.6B, with the possibility of hitting a nice round $22B. The reason for the shift is primarily driven by the strong performance of October titles including China’s “The Battle At Lake Changjin” ($830M through this past Sunday), MGM/Eon/Universal’s “No Time To Die” ($525.2M) and Sony’s “Venom: Let There Be Carnage” ($352.4M). Warner Bros/Legendary’s “Dune” is also coming out of a strong, expanded release frame with a global total of $223.2M per Monday actuals.

Gower Street now sees worldwide ticket sales for the year repping an 80% increase on 2020 (compared with its earlier estimate of +68%). While off 49% from 2019’s banner pre-Covid year, 2021 has narrowed the gap from a previous projection of -52%, the firm says. …

Deadline Hollywood 10/25

RELATED POSTS:  Brownstein: Bidenomics Really is Something New
About Jeffrey Burman 861 Articles
Jeff Burman served on the Guild’s Board of Directors from 1992 to 2019. He is now retired. He can be reached at jeffrey.s.burman.57@gmail.com.

Leave a Reply