Global box office revenue in 2019: $42.5 billion.
By studio:
Disney — $13.2B
WB — $4.4B
UNI — $3.7B
Those studios alone: $21.3 billion. 50 percent of global box office revenue. Studios conglomerate owners pushing streaming services.
Can& #39;t ban them; have to work with them.
By studio:
Disney — $13.2B
WB — $4.4B
UNI — $3.7B
Those studios alone: $21.3 billion. 50 percent of global box office revenue. Studios conglomerate owners pushing streaming services.
Can& #39;t ban them; have to work with them.
And therein lies the reality. The studios want to be in theaters. They also want to be in homes as fast as possible. They want whatever revenue avenue there is. Again, going to digital retailers or directly into their own streaming services means bigger or full percent of profit.