According to the most recently available data, the global film industry has suffered a revenue loss of seven billion U.S. dollars as of the middle of March 2020 due to the coronavirus and its impact on industries around the world. With theaters closing, movie premieres being postponed, screenings canceled and box offices closed, the movie industry could also lose another ten billion dollars in revenue if the economic effects of the pandemic continue throughout April and May.
Estimated revenue loss of the film industry worldwide due to the coronavirus pandemic in the first half of 2020
(in billion U.S. dollars)
*This figure is a forecast and based on the impact of the coronavirus continuing to negatively affect the global film industry throughout the remainder of March 2020 as well as April and May of that year.
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The Hollywood Reporter. (March 13, 2020). Estimated revenue loss of the film industry worldwide due to the coronavirus pandemic in the first half of 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 06, 2020, from https://www.statista.com/statistics/1104224/film-industry-revenue-loss-coronavirus-worldwide/
The Hollywood Reporter. "Estimated revenue loss of the film industry worldwide due to the coronavirus pandemic in the first half of 2020 (in billion U.S. dollars)." Chart. March 13, 2020. Statista. Accessed June 06, 2020. https://www.statista.com/statistics/1104224/film-industry-revenue-loss-coronavirus-worldwide/
The Hollywood Reporter. (2020). Estimated revenue loss of the film industry worldwide due to the coronavirus pandemic in the first half of 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 06, 2020. https://www.statista.com/statistics/1104224/film-industry-revenue-loss-coronavirus-worldwide/
The Hollywood Reporter. "Estimated Revenue Loss of The Film Industry Worldwide Due to The Coronavirus Pandemic in The First Half of 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Mar 2020, https://www.statista.com/statistics/1104224/film-industry-revenue-loss-coronavirus-worldwide/
The Hollywood Reporter, Estimated revenue loss of the film industry worldwide due to the coronavirus pandemic in the first half of 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1104224/film-industry-revenue-loss-coronavirus-worldwide/ (last visited June 06, 2020)
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