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Friday, December 08, 2023 12:14:34 PM
China continues to be the world's largest movie market for two years straight
The once hard-hit film industry began to look up in 2021. North America - the US and Canada - saw its box office more than double from $2.2 billion in 2020 to $4.5 billion in 2021. The movie box office in Japan edged up from $1.3 billion in 2020 to $1.5 billion in 2021.
China's movie market rocketed from $3 billion in 2020 to $7.3 billion in 2021. In particular, movies released during the Chinese New Year holiday earned 7.82 billion yuan, the highest compared with previous holidays, and set new records in the box office in a single market in a single day and the weekend box office. https://www.chinadaily.com.cn/a/202302/01/WS63da6c97a31057c47ebac5fc.html
$ABQQ Update: Report from collaboration team:
— ABQQ (@ABIntlGroup) December 7, 2023
Taylor ‘s “The Eras Tour “ ready to screening on January in China. As estimated AB will receive very good net income. #TaylorSwift
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