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Box Office Boom or Bust? (with Scott Mendelson)
Dec 18, 2023
Film critic and journalist Scott Mendelson discusses the impact of streaming on the industry, how COVID-19 affected the box office, the rise of alternative viewing platforms, favorite movies of 2023, and upcoming film anticipation.
27:09
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Quick takeaways
- The theatrical box office is recovering to pre-COVID levels as long as studios release ample movies.
- The push for streaming platforms has led to strikes and implications for talent payment in the movie industry.
Deep dives
The State of the Movie Industry
The podcast discusses the current state of the movie industry, particularly in relation to the impact of streaming platforms, recent strikes, and the emergence of generative AI. Despite the challenges faced by theaters, people are still going to the movies and spending significant amounts of money on annual basis. The pandemic caused a major drop in movie-going in 2020, but there has been a measured recovery in 2021 and 2022, with the box office approaching $9 to $10 billion. This shows that as long as studios continue to release ample movies, the theatrical box office can recover to close to pre-COVID levels.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode