U.S. Box Office Plummets 80%, Global Revenue Drops 71% in 2020 Amid Pandemic

North American box office revenues in 2020 hit a 40-year low, struggling to reach $2.2 billion in total amid the coronavirus crisis. Movie theaters were forced to stay closed for a significant portion of the year beginning in late March and struggled to recover when cinemas were able to reopen months later in August. That […]