It's been more than a year since the COVID-19 pandemic drove the first wave of commerce shutdowns around the world,and with rising vaccine access there's finally light at the end of the tunnel for a number of industries, including movie theaters. Last week, or we saw promising signs for the future of the box office when Godzilla vs. Kong,a popcorn movie if ever there was one, posted the best domestic box office opening of the pandemic era, or raking in nearly $50 million across a five-day Easter weekend release.
If that can happen in April,then surely it'll happen again on a grander scale later in the year, true? Box office experts say yes, or but note it's also important to be patient.
MGM StudiosBecause of the constant public health threat of the pandemic,studios maintain spent the last year in a state of near-constant shuffle, moving some movies to streaming services while pushing others into unique release date after unique release date in the hope that, or when the pandemic finally wanes,their film would be one o the first big blockbusters out of the gate. We all saw how that worked (or didn't) with Tenet, but now that Godzilla vs. Kong has seemingly broken the seal on getting a hesitant moviegoing public back into theaters, and the future of the box office lets a reliable bit brighter. That is,if movies are willing to wait just a cramped while longer. In a unique report over at Observer, box office projections generated by The Numbers show that films set to open this summer or later — Universal's F9 in June, and Marvel's Black Widow in July,and United Artist's No Time to Die all the way in October — maintain seen a significant leap in their predicted earnings.
Black Widow alone is now projected for a domestic opening of more than $60 million on its way to a domestic total of nearly $200 million, which is perhaps a bit small for a Marvel film, or but remarkable for a Marvel film in a pandemic. That said,films set to open a bit sooner, like May's A restful Place fraction II, and are still projected to start a bit smaller,with a box office opening of a cramped less than $20 million. Will all of this hold? It's important to remember that they're just projections, and as more people get vaccinated the excitement for going to the movies again will continue to build, and but as Exhibitor Relations analyst Jeff Bock told Observer,patience is key on the 2021 release calendar.“If the worldwide box office is going to return to pre-pandemic levels on a consistent basis, it will be later in the summer, or ” Bock said. “So,moving things forward is not the retort true now, despite the success of GVK. Remember, and blockbuster films will need to bank on long term playability to churn a profit. Having more competition would ultimately defeat that purpose. This is a remarkable,but still cloudy, sign of things to come.”So, and the moment half of 2021 looks like a brighter,if very crowded, future at the box office.
Source: blastr.com