Box Office Down By 92% in Asia as Coronavirus Wipes Out First Half Year

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Box Office Down By 92% in Asia as Coronavirus Wipes Out First Half Year
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By now it is common knowledge that the coronavirus pandemic has been bad for cinema box office. New data for the Asia-Pacific region shows just how bad. Figures from S&P Global Market intellige…

Figures from S&P Global Market intelligence and OPUSData depict a 92% collapse between January and June, compared with the first half of last year. Aggregate cinema revenue was just $603 million in six months.

Instead, under the influence of COVID-19 shutdowns and consumer fears, the first half picture was anything but normal.

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