When the sun sets on the 2020 film box office, it’ll be difficult to look at the numbers as anything but disastrous.
After five consecutive years of North American revenues exceeding $11 billion, this year they’re expected to cap out at an almost 40-year low of around $2.3 billion. That’ll be down 80% from last year according to data firm Comscore. Globally, where markets have been able to recover more fully, ticket sales will likely end up somewhere between $11 and $12 billion. Last year, that total hit $42.5 billion. But of course, 2020 is a year with a big asterisk.
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FILE - In this Friday, May 15, 2020, file photo, guests watch a showing of "Trolls World Tour," at the Four Brothers Drive In Theatre amid the coronavirus pandemic, in Amenia, N.Y. Most North American theaters weren't open for six months straight through the summer season, which typically accounts for around 40% of the year's profits. For the past two years, the summer movie season has netted over $4.3 billion. This year it brought in $176.5 million, much of that from drive-in theaters. (AP PhotoJohn Minchillo, File)
This image released by Sony Pictures shows Martin Lawrence, left, and Will Smith in a scene from "Bad Boys for Life." (Ben RothsteinColumbia Pictures-Sony via AP)
FILE - In this Sept. 8, 2020, file photo, two shoppers in face masks due to the coronavirus pandemic walk past a Regal movie theater in Irvine, Calif. Most North American theaters weren't open for six months straight through the summer season, which typically accounts for around 40% of the year's profits. For the past two years, the summer movie season has netted over $4.3 billion. This year it brought in $176.5 million, much of that from drive-in theaters. (AP PhotoJae C. Hong, File)
FILE - In this Friday, May 15, 2020, file photo, guests watch a showing of "Trolls World Tour," at the Four Brothers Drive In Theatre amid the coronavirus pandemic, in Amenia, N.Y. Most North American theaters weren't open for six months straight through the summer season, which typically accounts for around 40% of the year's profits. For the past two years, the summer movie season has netted over $4.3 billion. This year it brought in $176.5 million, much of that from drive-in theaters. (AP PhotoJohn Minchillo, File)
In this image provided by DreamWorks Animation, Phil Betterman, from left, (Peter Dinklage), Guy (Ryan Reynolds) and Hope Betterman (Leslie Mann) in a scene from DreamWorks Animation's "The Croods: A New Age," directed by Joel Crawford. The movie was released at Thanksgiving 2020. (DreamWorks Animation LLC via AP)
FILE - In this May 12, 2018, file photo, director Christopher Nolan poses during a photo call at the 71st international film festival, Cannes, southern France. The only post-shutdown films to crack the top 10 in 2020 are Nolan's "Tenet," in eighth place with $57.2 million and the animated family sequel "The Croods: A New Age," which was released at Thanksgiving and has earned $30.8 million so far to put it in 10th place. (Photo by Arthur MolaInvisionAP, File)
In this image provided by DreamWorks Animation, is Thunk Crood, from left, (Clark Duke), Sandy Crood (Kailey Crawford) and Gran (Cloris Leachman) in DreamWorks Animation's "The Croods: A New Age," directed by Joel Crawford. The movie was released at Thanksgiving 2020. (DreamWorks Animation LLC via AP)
FILE - In this June 27, 2020, file photo, people walk by a poster promoting the long-awaited Christopher Nolan film "Tenet," in Los Angeles. The only post-shutdown films to crack the top 10 in 2020 are Nolan's "Tenet," in eighth place with $57.2 million and the animated family sequel "The Croods: A New Age," which was released at Thanksgiving and has earned $30.8 million so far to put it in 10th place. (AP PhotoAnthony McCartney, File)
FILE - In this Jan. 14, 2020, Will Smith, left, and Martin Lawrence attend the LA premiere of "Bad Boys for Life" at the TCL Chinese Theatre in Los Angeles. Unsurprisingly, the 2020 top 10 is a little chaotic and comprised mostly of films from the first two months of the year due to the global coronavirus pandemic. Sony's Will Smith sequel "Bad Boys for Life" has stayed in first place in North America since its January release with $206.3 million. (Photo by Richard ShotwellInvisionAP, File)
“It’s a year like no other,” said Jim Orr, president of domestic theatrical distribution for Universal Pictures. “We’ve never seen this little business in this industry.”
This image released by Sony Pictures shows Martin Lawrence, left, and Will Smith in a scene from "Bad Boys for Life." (Ben RothsteinColumbia Pictures-Sony via AP)
Outside of January and February, it’s impossible to judge the year’s box office by pre-pandemic standards. Box office, in aggregate, is fairly predictable in a normal year. But when the theaters shut down March 20, that “all went out the window,” said Paul Dergarabedian, a senior media analyst with Comscore. “The unpredictability became the constant.”
Most North American theaters weren’t open for six months straight through the summer season, which typically accounts for around 40% of the year’s profits. For the past two years, the summer movie season has netted over $4.3 billion. This year it brought in $176.5 million, much of that from drive-in theaters.
“The drive-in became the hero of the summer,” Dergarabedian said.
FILE - In this Sept. 8, 2020, file photo, two shoppers in face masks due to the coronavirus pandemic walk past a Regal movie theater in Irvine, Calif. Most North American theaters weren't open for six months straight through the summer season, which typically accounts for around 40% of the year's profits. For the past two years, the summer movie season has netted over $4.3 billion. This year it brought in $176.5 million, much of that from drive-in theaters. (AP PhotoJae C. Hong, File)
When indoor theaters did start to reopen in late August and early September, it was at limited capacity and with limited product. Currently, about 35% of theaters are open in the U.S. and some of the biggest markets, including New York and Los Angeles, remain closed. Although there have been a steady stream of new releases, the blockbuster tentpoles have been few and far between. Some went to streaming services, others became premium digital rentals, but most simply retreated into 2021 and beyond.
Perhaps there is no more telling fact than that 2020 was the first time in over a decade without a Marvel movie. The Walt Disney Co.’s superhero factory has for the past two years topped the year-end charts with “ Avengers: Endgame ” and “Black Panther,” and has regularly had two or more films in the top 10.
Unsurprisingly, the 2020 top 10 is a little chaotic and comprised mostly of films from the first two months of the year. Sony’s Will Smith sequel “ Bad Boys for Life ” has stayed in first place in North America since its January release with $206.3 million. Globally it’s in second place to the Chinese film “The Eight Hundred” — the first time that the top worldwide film originated outside of Hollywood. The only post-shutdown films to crack the top 10 are Christopher Nolan’s “ Tenet,” in eighth place with $57.2 million and the animated family sequel “ The Croods: A New Age,” which was released at Thanksgiving and has earned $30.8 million so far to put it in 10th place.
FILE - In this Friday, May 15, 2020, file photo, guests watch a showing of "Trolls World Tour," at the Four Brothers Drive In Theatre amid the coronavirus pandemic, in Amenia, N.Y. Most North American theaters weren't open for six months straight through the summer season, which typically accounts for around 40% of the year's profits. For the past two years, the summer movie season has netted over $4.3 billion. This year it brought in $176.5 million, much of that from drive-in theaters. (AP PhotoJohn Minchillo, File)
And at least 15 films in the top 100 were retro releases, including “Hocus Pocus,” “The Empire Strikes Back,” and “The Nightmare Before Christmas.”
“The silver lining for movie theaters is even though people had unlimited options at home, people still sought out the movie theater,” Dergarabedian said. “People have a desire to go outside the home and be entertained. That desire hasn’t changed but the ability to do that was profoundly limited.”
It’s even changed the way opening weekends, once a reliable indicator of a film’s long-term prospects, are judged and it might remain that way for a while.
In this image provided by DreamWorks Animation, Phil Betterman, from left, (Peter Dinklage), Guy (Ryan Reynolds) and Hope Betterman (Leslie Mann) in a scene from DreamWorks Animation's "The Croods: A New Age," directed by Joel Crawford. The movie was released at Thanksgiving 2020. (DreamWorks Animation LLC via AP)
“The instant gratification that we used to be able to deliver on Sunday mornings after opening on a Friday? It’s probably not going to happen again for quite some time,” Orr said.
Theaters have embraced enhanced safety protocols and experimented with different ways to get people back into seats, including private theater rentals, but attendance throughout the fall and winter remained limited.
“People go to movie theaters to escape. If you’re going to a movie theater where you have to wear a mask and you have to sit apart and you have to be hyper conscious of your surroundings, that is not how the theatrical experience is supposed to work,” said John Sloss, principal at the media advisory firm Cinetic. “To judge this year at all in terms of theater attendance, I think is doing a disservice overall to what’s really going on.”
FILE - In this May 12, 2018, file photo, director Christopher Nolan poses during a photo call at the 71st international film festival, Cannes, southern France. The only post-shutdown films to crack the top 10 in 2020 are Nolan's "Tenet," in eighth place with $57.2 million and the animated family sequel "The Croods: A New Age," which was released at Thanksgiving and has earned $30.8 million so far to put it in 10th place. (Photo by Arthur MolaInvisionAP, File)
Moviegoing in 2020 is the story of an industry that employs some 150,000 fighting to stay afloat until normalcy returns, which everyone expects will happen even if it’s not in the near future. Small movie theater owners will get a bit of a lifeline from the pandemic relief package.
But effects on the businesses have been staggering and it may be a while before the full impact is known, although there have been some historic developments and compromises. Some innovations have been well-received, like Universal’s landmark agreement with various exhibitors to shorten the theatrical window from 90 days to as little as 17 days in some cases. Others, like Warner Bros.’ decision to release all of its 2021 films on HBO Max and in theaters simultaneously, have not.
It’s no secret that streaming services, whether subscription or on demand, filled a huge gap for film fans looking for new content. While at-home options will continue to compete with theaters for consumer eyes and dollars, few believe that they are a death-knell for theaters. By and large, studios are not looking to abandon the theatrical model, even if some priorities have shifted to streaming.
In this image provided by DreamWorks Animation, is Thunk Crood, from left, (Clark Duke), Sandy Crood (Kailey Crawford) and Gran (Cloris Leachman) in DreamWorks Animation's "The Croods: A New Age," directed by Joel Crawford. The movie was released at Thanksgiving 2020. (DreamWorks Animation LLC via AP)
“I do think there’s a bright light at the end of the tunnel,” Orr said. “As vaccinations continue to roll out, I am 100% convinced that people will come running back into theaters when it’s possible in their area. The model is not going away.”
Disney CEO Bob Chapek noted at the company’s recent investor day that they made $13 billion at the box office in 2019.
“That’s not something to sneeze at,” Chapek said.
FILE - In this June 27, 2020, file photo, people walk by a poster promoting the long-awaited Christopher Nolan film "Tenet," in Los Angeles. The only post-shutdown films to crack the top 10 in 2020 are Nolan's "Tenet," in eighth place with $57.2 million and the animated family sequel "The Croods: A New Age," which was released at Thanksgiving and has earned $30.8 million so far to put it in 10th place. (AP PhotoAnthony McCartney, File)
This past weekend, “Wonder Woman 1984,” which was available to stream on HBO Max for free, also collected $16.7 million from 2,100 North American theaters. That number would have been a disaster before. For the pandemic? It's a record.
Follow AP Film Writer Lindsey Bahr on Twitter: www.twitter.com/ldbahr
FILE - In this Jan. 14, 2020, Will Smith, left, and Martin Lawrence attend the LA premiere of "Bad Boys for Life" at the TCL Chinese Theatre in Los Angeles. Unsurprisingly, the 2020 top 10 is a little chaotic and comprised mostly of films from the first two months of the year due to the global coronavirus pandemic. Sony's Will Smith sequel "Bad Boys for Life" has stayed in first place in North America since its January release with $206.3 million. (Photo by Richard ShotwellInvisionAP, File)
WASHINGTON (AP) — A U.S. service member who has been missing since Iran shot down a fighter jet has been rescued, President Donald Trump wrote in a social media post early Sunday.
A frantic U.S. search-and-rescue operation unfolded after the crash of the F-15E Strike Eagle on Friday, as Iran also promised a reward for anyone who turned in the “enemy pilot.”
A second crew member was rescued earlier.
“This brave Warrior was behind enemy lines in the treacherous mountains of Iran, being hunted down by our enemies, who were getting closer and closer by the hour,” Trump wrote.
Trump said that the aviator is injured but “will be just fine,” adding that the rescue involved “dozens of aircraft” and that the U.S. had been monitoring his location “24 hours a day, and diligently planning for his rescue.”
The fighter jet was the first U.S. aircraft to have crashed in Iranian territory since the conflict in late February.
Trump said last week that the U.S. had “decimated” Iran and would finish the war “very fast.” Two days later, Iran shot down two U.S. military planes, showing the ongoing perils of the bombing campaign and the ability of a degraded Iranian military to continue to hit back.
In Kuwait, an Iranian drone attack caused significant damage to two power plants and put a water desalination station out of service, according to the Ministry of Electricity. No injuries were reported from the attack, the ministry said.
In Bahrain, the national oil company said that a drone attack caused a fire at one of its storage facilities, which was extinguished. It said the damage was still being assessed and no injuries had been reported.
In the United Arab Emirates, authorities responded to multiple fires at the Borouge petrochemicals plant, a joint venture of the Abu Dhabi National Oil Co. and Borealis of Austria. They say the fires were caused by falling debris following successful interceptions by air defense systems, but production at the plant in Ruwais, near the UAE’s western border with Saudi Arabia, has halted.
The strike came a day after Israel struck a petrochemical plant in Iran that Prime Minister Benjamin Netanyahu said generated revenue that it had used to fund the war.
The war began with joint U.S.-Israel strikes on Feb. 28 and has killed thousands, shaken global markets, cut off key shipping routes and spiked fuel prices. Both sides have threatened and hit civilian targets, bringing warnings of possible war crimes.
The other jet to go down was a U.S. A-10 attack aircraft. Neither the status of the crew nor exactly where it crashed was immediately known.
Trump renewed his threats for Iran to open up the Strait of Hormuz, a crucial waterway for global energy shipments that has been choked off by Tehran, by Monday or face devastating consequences, writing Saturday in a social media post: “Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT. Time is running out — 48 hours before all Hell will reign down on them.”
“The doors of hell will be opened to you” if Iran’s infrastructure is attacked, Gen. Ali Abdollahi Aliabadi with the country’s joint military command said late Saturday in response to Trump’s renewed threat, state media reported. In turn, the general threatened all infrastructure used by the U.S. military in the region.
But Pakistan’s Foreign Ministry spokesperson, Tahir Andrabi, told The Associated Press that his government’s efforts to broker a ceasefire are “right on track” after Islamabad last week said that it would soon host talks between the U.S. and Iran.
Iran’s foreign minister, Abbas Araghchi, said that Iranian officials “have never refused to go to Islamabad.”
Mediators from Pakistan, Turkey and Egypt were working to bring the U.S. and Iran to the negotiating table, according to two regional officials.
The proposed compromise includes a cessation of hostilities to allow a diplomatic settlement, according to a regional official involved in the efforts and a Gulf diplomat briefed on the matter. They spoke on condition of anonymity to discuss closed-door diplomacy.
Iran’s parliamentary speaker, Mohammad Bagher Qalibaf, issued a veiled threat late Friday to disrupt traffic through a second strategic waterway in the region, the Bab el-Mandeb.
The strait, 32 kilometers (20 miles) wide, links the Red Sea with the Gulf of Aden and the Indian Ocean. More than a tenth of seaborne global oil and a quarter of container ships pass through it.
“Which countries and companies account for the highest transit volumes through the strait?” Qalibaf wrote.
More than 1,900 people have been killed in Iran since the war began.
In Gulf Arab states and the occupied West Bank, more than two dozen people have died, while 19 have been reported dead in Israel and 13 U.S. service members have been killed. In Lebanon, more than 1,400 people have been killed and more than 1 million people have been displaced. Ten Israeli soldiers have died there.
This report has been corrected to show that Borealis is an Austrian company and not Australian.
Jon Gambrell in Dubai, United Arab Emirates; Samy Magdy in Cairo; Munir Ahmed in Islamabad; Dasha Litvinova in Tallinn, Estonia; and Seung Min Kim, Will Weissert, Michelle L. Price, Lisa Mascaro and Ben Finley in Washington, contributed to this report.
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A man looks at a destroyed building within the Grand Hosseiniyeh complex that officials say was hit by U.S.-Israeli airstrikes Tuesday in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)