this post was submitted on 19 Feb 2024
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That chart shows a drop due to the pandemic shutdowns, and subsequent culture shift to faster (or day 1) home streaming releases.
If it were more closely related to recession, we'd see a noticeable drop in 2008 as well.
What I see in this graph is a nosedive in 2020, then things getting normal in 2022 to 2023, and immediately going into nosedive again in the latter half of 2023 with the cost of living crisis.
Frankly, I wouldn't care if cinemas died out completely. Get much better sound and picture quality at home, anyway.
Avatar 2 is still one of the most successful films of all time. Barbie and Oppenheimer did well as well.
I think the main problem is that Hollywood doesn’t have that many big blockbuster franchises ongoing. There aren’t that many new movies that attract viewers. Superhero movies are finished. Star Wars is mostly TV now. Hollywood hasn’t managed to find any replacement for these franchises.
Yeah, Hollywood has become even more risk-averse than in the old days and boring. There used to be a new original Hollywood film coming out every month. Now all you have is reboots, rehashes and sequels. Avatar 2, Barbie and Oppenheimer are an exception. Even though technically Avatar 2 is a sequel and the Manhatten project has been covered very well before—the TV series Manhattan was exceptionally good and in 1989 there was Fat Man and Little Boy which was OK.
Netflix used to be the risk-taking innovator for a while (Okja, Birdbox) but that has died, too.
And you don’t have to deal with assholes.
There were almost no big theatrical first releases in 2023 besides the 2 big movies and that's because production had halted for much of the pandemic and was playing catchup.
If it were caused by the recession, I ask again why no noticeable dip in 2008?
So what you're saying is that the graph supports my point counter to Tsujimoto's statement "Just because there’s a recession doesn’t mean you won’t go to the movie theater". People are going to the movie theater less in 2023.
You're misusing causality. Fewer people go to the movies now because there's less reason to, not because they have less money.
Feel free to show your data that supports your statement.
The chart I posted shows lower box office sales. Where is your data saying/showing the equivalent purchase of day 1 streaming that your asserting ?
Why is there no dip for the 2008 Great Recession? There was no streaming alternative or pandemic then, and thus no dip.
2023 is after the pandemic. The 2023 numbers are BELOW the pre-pandemic levels. The the pandemic doesn't appear to have any affect here. Said other way, if the pandemic drop was completely deleted, there would STILL be a decline in movie theater attendance.
So again, you're agreeing with me when we disagree with Tsujimoto's statements that people will continue to go to the movie theater.
The pandemic caused shutdowns of many, many filming schedules and caused massive backups once they could resume, contributing to a drought of releases in 2023. What movies besides Barbie and Oppenheimer do you remember having any big marketing push?
There was also the writers strike.
This chart
Where does that chart show proof of your statement?
Why is there no dip for the 2008 Great Recession? There was no streaming alternative or pandemic then, and thus no dip.