2022's Box Office Numbers Are A Roller Coaster Ride That Has Us Worried

As mentioned earlier, the above data was provided to Looper by Data Herald on our behest, and it portrays rather erratic box office results. This shows that movie theaters haven’t quite regained their former glory, and although there are several ups and downs contained within this data, they often correlate with specific movies. At the start of the graph, one can see that box office returns are incredibly robust, topping out at around $450 million. This is due to “Spider-Man: No Way Home” and “Scream,” as noted by Box Office Mojo. Likewise, the next biggest spike is in July, which syncs up with the release of “Minions: The Rise of Gru,” “Thor: Love and Thunder,” and “Top Gun: Maverick.”

Although our sibling site /Film reports that 2022 is on track to be an 80% increase over 2021’s box office returns, the fact that domestic box office yields are wildly inconsistent is cause for concern. This could be due to the lingering aftermath of the pandemic, or the tightened wallets of moviegoers as inflation runs rampant. Cinematic Slant clarifies this issue by showing that movie tickets rise with inflation, but the corresponding pay of individuals does not. This means that people have effectively less disposable income, and nobody absolutely needs to go to a movie theater like they need to pay bills and purchase food. Still, these results, although definitely an improvement over the previous year, still has a lot left to be desired, at least when it comes to the profitability and consistency of domestic box office returns.

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