That retraction became depression in 2020 with the onset of the pandemic, which extended through summer 2021. That was even with five films grossing over $400 million in the U.S./Canada, with “ Avengers: Endgame” alone making $858 million.
The box office in 2019 fell five percent from 2018’s take, the third most from a previous year in over 35 years. And yet, even before this year, a retraction was starting. This year will end with mixed signals about the state of domestic movie exhibition, but after nearly 18 months when theaters were either mostly or partially closed, reaching a point where anything resembles past performance is a major achievement.
The “Spider-Man” effect is real, and while the theatrical world will end on a high note after the December surge of the latest Tom Holland-starring superhero outing, the happy headlines around “ Spider-Man: No Way Home” don’t define the 2021 landscape more than the rest of a fraught year.
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