1 film at the box officeĪs streaming becomes more of a focus for media companies, studios find themselves now supplying both theaters and streamers. There’s also another reason why theaters may be lacking the normal amount of films: Streaming. The reverberations of those decisions are still being felt today. Think back to two years ago when studios were delaying films nearly every day as the coronavirus pandemic upended Hollywood. “It’s important to remember that studios map out their release strategies six months to a year or more in most cases.”Īlthough summer movies have been a “resounding success” in theaters, the industry is “still playing catch-up to audience sentiment and expectations for new content on the big screen,” Robbins added.
“A number of lingering issues pertaining to supply chain and production pipeline backups have impacted various films,” Shawn Robbins, chief analyst at, told CNN Business. In short, Hollywood has supply chain issues. So where are all the movies? There’s still a lot being produced and released, but many are either headed directly to streaming or being delayed because the industry is experiencing a lot of the same problems as the rest of the economy. Ticket sales are roughly 30% behind pre-pandemic levels in 2019, which is pretty good considering the lack of movies hitting theaters. This year the number is 39 - a 38% drop from three years ago.ĭespite the lag, 2022 has mostly held its own.
At this point in 2019, there were 63 nationwide releases in North America, according to Comscore The dearth of films comes in a year that’s already well behind pre-pandemic output from Hollywood. In fact, there aren’t many films that could open beyond $50 million at the box office until Marvel’s “Black Panther: Wakanda Forever,” which doesn’t debut until November 11. It’s hard to find any blockbusters in the mix.
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One crucial thing will be missing from theaters this fall: movies.Īfter “Bullet Train,” Sony’s action flick starring Brad Pitt, hits theaters next week, the movie slate for August, September and October becomes desolate.
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