Then there’s Pixar Studios, which have prided themselves on crafting original stories from the very beginning. Some of these are critical and commercial smashes from directors such as Christopher Nolan, Steven Spielberg and James Cameron. Original films are designated as those with original screenplays. Those who categorize movies divide them into such genres as franchises (like Marvel), independent films (made outside the studio system), foreign films and original films. The recovery of 2021 has only brought that figure back to $3.7 billion, with less than a month to go.Īnother byproduct of the pandemic is that several films that are likely to be blockbusters have been delayed until late this year or early 2022. Domestic gross dropped to $2.1 billion in 2020, most of which was during the January through March period. The annual domestic box office gross nationwide topped $11.0 billion in 2015 and stayed at about that level through 2019. People, shut in by the spread of the virus, have turned to streaming, further threatening traditional theaters. Movie theaters have closed, and some will not reopen. The movie industry has been decimated by the COVID-19 pandemic.
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