Coronavirus Decimates the Chinese Box Office During Its Busiest
20 days ago - By Movie Web
Coronavirus Decimates the Chinese Box Office During Its Busiest Weekend of the Year The Chinese Government is limiting travel and implementing other measures to battle the deadly Coronavirus.
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Coronavirus Lockdown Cripples Chinese Box Office: Will Hollywood Movies Take a Hit?
20 days ago - By The Wrap
China's ongoing fight against the spreading coronavirus epidemic has caused a widespread shutdown of the country's economy, including the closure of more than 70,000 movie theaters. The timing could not have been worse for Chinese movie theater chains, as the outbreak came during the Lunar New Year, by far the most popular time for moviegoing in what is becoming the world's largest box office market.
To get a sense of how important the two-week Lunar New Year period is to China's annual box office grosses, consider the following: Last year, combined revenue on the first day of the holiday...
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