The global box office jumped by 27% in the first quarter of 2023, according to a new report by the International Union of Cinemas released during the CineEurope exhibition conference in Barcelona. …
The global box office jumped by 27% in the first quarter of 2023, according to a new report by the International Union of Cinemas released during the CineEurope exhibition conference in Barcelona.
Europe, the Middle East and Africa saw the largest spike in B.O., with a 32-percent year-on increase during the first quarter of the year. The study also highlighted that younger age groups are steadily returning to cinemas, while the average ticket price rose by 4% in Europe from 2021, driven by the growing popularity of premium large formats.
Across all UNIC territories, 820.9 million tickets were sold, amounting to an estimated €5.8 billion in revenue. The top five territories in terms of admissions in 2022 were France , followed by the U.K. , Germany , Spain and Italy , according to the report. UNIC also revealed the top five markets boasting the strongest market share for local films in 2022, which was led by Turkey , followed by France , Czech Republic , Germany and Denmark .
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