October finest month for field workplace ticket gross sales in 2021

Tom Hardy stars in Sony’s “Venom: Let There Be Carnage”.

Sony

Don’t count the box office at home just yet.

A combination of new movie releases, many of which have only appeared in theaters, coupled with growing consumer confidence to return to theaters amid the coronavirus pandemic, resulted in October 2021 being the top-grossing month for ticket sales to date.

It’s estimated that moviegoers spent around $ 637.9 million on tickets in the past 31 days venturing into theaters to watch “No Time to Die,” “Venom: Let There Be Carnage,” ” Halloween Kills “and” Dune “to see.

“While this is likely an anomaly that may never repeat itself, the 10th month of the year has now shown that it can indeed make great homes for blockbusters of all sizes and genres,” said Paul Dergarabedian, senior media analyst at Comscore.

Many of the films released during the month were slated to open earlier this year but have been postponed due to the ongoing pandemic. This resulted in October revenue exceeding July. which previously held the record for the top-selling month in 2021 with $ 583.6 million in ticket sales, according to data from Comscore.

As of Sunday, the domestic box office hit $ 3.1 billion in the first 10 months of the year, 45% more than in 2020 over the same period and 66% behind 2019.

“The industry circled this October on the calendar as a major marker of recovery from the cinema pandemic, and it has made great strides,” said Shawn Robbins, chief analyst at BoxOffice.com.

While the summer months are usually the top-selling months of the year for the domestic box office, October has increased significantly in recent years thanks to blockbuster titles such as “Joker” in 2019 and “Venom” in 2018.

In 2019, October secured $ 789.5 million ticket sales, the second highest amount for the month after $ 832.1 million in 2018. October 2021 had higher loot than the same period in 2017.

Cinemark said on Sunday that October was the company’s busiest month in terms of sales in the Covid-19 era. The monthly results were more than double the earnings of May 2021.

“I am delighted that we have reached a new milestone in the industry’s recovery and are delivering our best monthly box office performance since our theaters reopened,” said Mark Zoradi, CEO of Cinemark, in a statement. “Congratulations to our studio partners for creating must-see content on the big screen that has something for everyone.”

In November and December, cinemas will benefit from the release of a number of films that have previously been postponed. “Eternals”, “Ghostbusters: Afterlife” and “Encanto” should appear in November, “West Side Story”, “Spider-Man: No Way Home” and “Matrix Resurrections” in December.

“We’ve had several of those stress-testing periods throughout the year, and more are to come during the vacation and winter,” said Robbins of BoxOffice.com. “Immunization for young children remains vital in the long run. But all in all, theater owners and studios should be very encouraged by the number of recent box office hits and what they signal for the new year ahead.”

Disclosure: Comcast owns NBCUniversal and CNBC. Universal published “No Time To Die” internationally and is the global distributor of “Halloween Kills”.