Inside This Year’s $30 Billion Box Office Freefall

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This year was expected to be a down year for the box office… but not down 81% from 2019

box office year in review

At the start of 2020, box office analysts and studios anticipated a down year compared to the spectacular records set in 2018 and 2019. But nothing could have prepared Hollywood for the devastation the year would bring. Thanks to the COVID-19 pandemic shutting down theaters for much of the year — and forcing studios to move dozens of tentpole films to 2021 — the North American box office has grossed just $2.06 billion in 2020, a staggering 81% collapse from last year. While final global box office numbers are still to be tabulated, a drop of approximately $30 billion is expected.

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