U.S. and global box office and total cinema revenue will not reach pre-COVID-19 pandemic levels by 2029, according to accounting firm PwC’s annual closely-watched media and entertainment outlook report released late on July 23. In the U.S., pre-pandemic total cinema revenue is not forecast to be reached by 2029 despite a compound annual growth rate (CAGR) of 3.9 percent. PwC had recorded nearly …
Read More »Box Office Shows No Sign of Surpassing Pre-COVID Levels by 2029: PwC
