

But cinemas had one-third fewer wide-release movies last year than they did in 2019 too. So far, moviegoers have "repeatedly shown that they are willing to return to theaters for quality content and altogether skip any content that is not deemed theater-worthy," Wedbush analyst Alicia Reese said in an industry report last month.Īll told, last year's domestic box-office haul, at $7.5 billion, was still about one-third less than 2019.

Before the pandemic, you likely would have waited at least twice as long for the first home-viewing option, and you'd be waiting six to nine months for it to stream. Now about three months out from its theatrical premiere, it's expected to hit streaming service Peacock soon.
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The Fabelmans also became available to buy or rent to watch at home little more than a month after it hit theaters. The Fabelmans - Steven Spielberg's well reviewed, quasi-autobiographical drama - grossed less than $20 million, half its estimated budget. Horror films have been a hero of theatrical release lately, with smaller-budget scarefests like M3gan and Smile punching above their weight.īut bombs are falling too. However, not all movies are proving to be the "right" kind of movies.īig-budget sequels with massive marketing campaigns are predictably packing theaters again.
