{"id":350444,"date":"2021-10-08T17:37:51","date_gmt":"2021-10-08T14:37:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/universal-exec-says-box-office-to-be-down-for-a-long-time\/"},"modified":"2021-10-08T17:37:51","modified_gmt":"2021-10-08T14:37:51","slug":"universal-exec-says-box-office-to-be-down-for-a-long-time","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/universal-exec-says-box-office-to-be-down-for-a-long-time\/","title":{"rendered":"#Universal exec says box office to be down &#8216;for a long time&#8217;"},"content":{"rendered":"<p>&#8220;<strong>#Universal exec says box office to be down &#8216;for a long time&#8217;<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Despite strong ticket sales from the new James Bond and \u201cFast &amp; Furious\u201d <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">movies<\/a>, Universal Pictures chairwoman Donna Langley doesn\u2019t expect the box office to return to normal anytime soon. <\/p>\n<p>\u201cI think the industry is in this moment of evolution, we are surfing the wave of change right now,\u201d Langley said at The Information\u2019s WTF conference Thursday. \u201cI think what we are seeing play out now was h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ening pre-pandemic. The streaming companies doing extraordinarily well, scaling their volume output, that has been happening for a while.\u201d<\/p>\n<p>While the exec pointed to the pandemic, which ravaged the movie theater industry, as accelerating Hollywood\u2019s move to streaming, she said that change was inevitable and that Tinseltown is still adapting to the \u201cnew normal.\u201d<\/p>\n<p>\u201cInevitably a year from now things will look different than they do today,\u201d Langley said, offering her own conservative view of how the movie theater industry will rebound.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-04.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"The AMC Empire 25 off Times Square is open as New York City's cinemas reopen for the first time in a year following the coronavirus shutdown\" class=\"wp-image-19739991\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-04.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-04.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-04.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The box office is beginning to show signs of recovery, thanks to new movies like \u201cF9,\u201d \u201cNo Time to Die,\u201d and Disney\u2019s \u201cShang-Chi and the Legend of the Ten Rings.\u201d<\/figcaption><figcaption><span class=\"credit\">AFP via Getty Images<\/span><\/figcaption><\/figure>\n<p>\u201cNone of us really know anything. If you look back a year ago, we certainly thought the industry or theatrical moviegoing, would be back in full swing by now,\u201d Langley said. \u201cWe are anticipating the [theatrical] market to be down by 20 percent going forward, and for it taking a long time to get back to those pre-pandemic numbers.\u201d<\/p>\n<p>The\u00a0box office has had a bumpy 2021, but has shown strong signs of recovering after 18 months of movie theater shutdowns, reopenings at limited capacity and a dearth of new Hollywood films.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-06.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"In an aerial photo shot with a drone an empty parking lot is seen in front of a Cinemark theater shuttered by the coronavirus COVID-19 on December 04, 2020 i\" class=\"wp-image-19740011\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-06.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-06.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-06.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The coronavirus ravaged the movie theater industry, causing cinemas to close for much of 2020.<br \/>\n <\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>This year, the global box office is on track to gross $20.2 billion, up 68 percent from the pandemic-hobbled 2020 which brought in about $12 billion, according to Gower Street\u00a0Analytics. But 2021 is still far off from 2019\u2019s record-breaking year, which reeled in $42.5 billion.<\/p>\n<p>So far, 2021 has been boosted by box office leaders like \u201cHi, Mom,\u201d a Chinese comedy that has brought in over $822 million, as well as\u00a0Universal Pictures\u2019 \u201cF9,\u201d the latest action movie in the \u201cFast &amp; Furious\u201d\u00a0franchise with $716.6 million, according to ticket sales tracker Box Office Mojo.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-02.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Donna Langely and Vin Diesel\" class=\"wp-image-19740030\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-02.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-02.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-02.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Universal Pictures\u2019 chairwoman Donna Langely with Vin Diesel, star of \u201cF9\u201d and the \u201cFast &amp; Furious\u201d franchise.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> critics are keenly watching how the new James Bond flick, \u201cNo Time to Die,\u201d does this weekend when it opens in the US and on Oct. 29 when it premieres in China. The film, which is distributed internationally by Universal and domestically by MGM, has already reeled in a whopping $119 million from overseas markets last weekend.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/10\/08\/universal-exec-says-box-office-to-be-down-for-a-long-time\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Universal exec says box office to be down &#8216;for a long time&#8217;&#8221; Despite strong ticket sales from the new James Bond and \u201cFast &amp; Furious\u201d movies, Universal Pictures chairwoman Donna Langley doesn\u2019t expect the box office to return to normal anytime soon. \u201cI think the industry is in this moment of evolution, we are surfing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":350445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/10\/Universal-box-office-hp.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[117214,1542,1545,5021,4979,59893],"class_list":["post-350444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-8-21","tag-box-office","tag-coronavirus","tag-hollywood","tag-movie-theaters","tag-universal-pictures"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/350444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=350444"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/350444\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/350445"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=350444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=350444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=350444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}