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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "Massive Collapse of Chinese Cinemas; A $20 Million Movie Earns Just $20—Not Joking" video.
The last few months, I was really curious about this segment. Going out to the movies is one tier above going out to restaurants from a discretionary perspective. People have to eat even if it's more expensive food. No one has to go to a movie to live.
39
We all have big TVs at home. Still isn't the same for certain type of movies.
16
Bad internet research has the China full year box office around 40B yuan. 2023 was 55B yuan (-27%). 2019 was 64B (-38%). US box office is down around -19% vs 2019. Flat to 2023.
5
@gladiatorgamer9502 Literally, I explained it. There is a difference.
4