Posted on 01/02/2021 4:32:05 PM PST by dynachrome
For the first time ever, China supplanted North America as the world's top moviegoing market. Yet no country was spared as global box office revenue likely tumbled more than 72 percent, including a 70 percent dip in the Middle Kingdom. It's official: North American box office revenue plummeted 80 percent in 2020 amid the novel coronavirus pandemic and unprecedented theater closures, while global revenue tumbled more than 70 percent.
(Excerpt) Read more at hollywoodreporter.com ...
I totally hear you. I am just thinking of the non political people who worked in theaters and everything and the surrounding businesses that are impacted. There is good and bad to this purge for sure.
Right now, increasing numbers of people have 75+ inch 4K HDR TVs with good sound systems. We have little interest in going to theaters any more.
And anyone who wants to watch full frontal nudity has a multitude of internet porn sites to choose from.
There's also PLENTY of independently produced entertainment available on the Internet, some of it quite good. The Hollywood Establishment's control over what is available to watch is slipping more every year.
Theaters are dead, and are not coming back.
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