In 2023, a total of 504 movies were released in the United States and Canada, up from 456 in the previous year. Still, these figures are under the 792 titles released in 2019, before the COVID-19 outbreak.
Will moviegoers return?
The box office revenue in the U.S. and Canada more than tripled between 2020 and 2022, when it reached almost 7.4 billion U.S. dollars. The 2022 result still fell way behind the 11.3-billion-dollar annual revenue recorded just before the pandemic. But there are ways to attract newcomers to the moviegoing experience. During a mid-2022 survey conducted among members of the Generation Z – aged between 13 and 24 years – more than half of respondents mentioned movie offering as a leading motivation to go to the movies. About 40 percent of interviewees included the quality of the service and the physical comfort of the seats at the movie theater among their main incentives.
Cinema circuits
As the industry tries to reinvent itself for a post-pandemic scenario, the top movie theater chains in North America slowly bounce back. Their financial results improved since the coronavirus outbreak, but when or if they will see figures similar to those recorded before 2020 remains an open question. The leading circuit, AMC Theatres, reported a revenue of more than 2.5 billion dollars in 2021, over twice as much as in the previous year.
Number of movies released in the United States and Canada from 2000 to 2023
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Box Office Mojo. (May 14, 2024). Number of movies released in the United States and Canada from 2000 to 2023 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/187122/movie-releases-in-north-america-since-2001/
Box Office Mojo. "Number of movies released in the United States and Canada from 2000 to 2023." Chart. May 14, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/187122/movie-releases-in-north-america-since-2001/
Box Office Mojo. (2024). Number of movies released in the United States and Canada from 2000 to 2023. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/187122/movie-releases-in-north-america-since-2001/
Box Office Mojo. "Number of Movies Released in The United States and Canada from 2000 to 2023." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/187122/movie-releases-in-north-america-since-2001/
Box Office Mojo, Number of movies released in the United States and Canada from 2000 to 2023 Statista, https://www.statista.com/statistics/187122/movie-releases-in-north-america-since-2001/ (last visited November 23, 2024)
Number of movies released in the United States and Canada from 2000 to 2023 [Graph], Box Office Mojo, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/187122/movie-releases-in-north-america-since-2001/