Theatrical revenues are up across Europe, but still a long way from the record figures recorded in 2019.
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“The figures clearly show that European cinemas are on the road to full recovery,” said UNIC CEO Laura Houlgatte. “A constant supply of new and diverse titles will be crucial for continuing to drive box office and admissions forward in 2023.” Early results this year already confirm that positive trend. In January 2023, the Europe, Middle East and Africa region reported box office revenues of $880 million , marking the highest-grossing month since January 2020, before the COVID pandemic shut down theaters across the continent, and across the world.
Gower Street is forecasting EMEA box office to top $7 billion this year, a 7 percent jump on 2022, and global box office to hit $29 billion, 12 percent up on last year.Avatar: The Way of Water
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