2023 could also be over, however Hollywood’s painful reckoning isn’t—particularly on the field workplace.
This 12 months’s vacation season has largely been a lump of coal for the film trade. Home field workplace receipts for the season beginning the primary week of November have barely crossed the $1 billion mark. That’s really under the identical interval in every of the previous two years, which had been helped by the discharge of mega-blockbusters like “Avatar: The Method of Water” and “Spider-Man: No Method Residence.” It is usually lower than half the $2.3 billion common for the vacation season within the prepandemic years of 2015 to 2019, in line with Field Workplace Mojo.
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