How much losses did the world’s film markets lose in 2020?
With the end of 2020 and the release of annual movie sales figures, it can be seen how much the coronavirus outbreak has hit the world’s cinemas.
According to The Good News, cinemas declined by 57 to 76 percent in movie screening markets in 2020. Britain and Ireland took the lead, with a 76 percent decline compared to 2019 sales that suffered the most from the coronavirus outbreak.
China declined by 70 percent, South Korea dropped 71 percent, Italy and Spain with a 72 percent decline. Russia also experienced a 60 percent decline in its cinema sales compared to 2019. Japan recorded a 61 percent decline and New Zealand also recorded a 62 percent decline.
Australian cinemas were hit by a 65% drop in sales, with Germany and France seeing sales fall 69% in their cinemas.
In explaining the huge blow suffered by British geisha, experts pointed to the lack of attractive domestic titles, while Japan, with an unsecured profit of $313 million, was able to make the loss more tolerable with the help of the best-selling animation “Dave Cash: The Moggen Train”, which became Japan’s best-selling film.
Russian cinemas also reopened on July 15 and resumed work, which is why they experienced a decrease in sales.
In France, cinemas closed 176 days from 2020, but after reopening from June 22 to October 28, they breathed a little bit with french film sales. While the share of domestic films in 2019 was 40%, this share reached more than 62% in 2020.
Another market that survived during the coronavirus outbreak was the Netherlands, which declined by 57% compared to 2019. …