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As of September 2024, Warner Bros movies had grossed a total of more than **** billion U.S. dollars at the box office. The production company behind titles like Barbie thus ranked first in the global ranking, surpassing Universal Pictures. This situation undoubtedly helped Warner Bros Discovery, the media group to which this film studio belongs, to remain one of the ** most valuable media companies in the world.

The film industry in numbers

Worldwide, 2020 was a dark year for the film industry, which saw its annual revenues drop drastically, reaching a new box office low by falling below the threshold of ** billion U.S. dollars. That same year, after having reached the highest number of viewers in 13 years in 2019, cinema attendance in the European Union plummeted due to the months-long closure of theaters and the subsequent strict capacity restrictions as a result of the COVID-19 pandemic. Without a doubt, the release of Star Wars: The Rise of Skywalker or Avengers: Endgame, key titles within the major franchises in film history that hit theaters in 2019 and helped make it a record-breaking year for cinema, seemed very distant and did not anticipate the crisis that was coming. However, the following three years, although they have not yet reached pre-pandemic figures, demonstrated that the industry's recovery is possible, thanks to titles like Spider-Man: No Way Home, Top Gun: Maverick, Avatar: The Way of Water, Oppenheimer, and Barbie. In fact, 2023 saw ticket sales report nearly *** percent more worldwide than in 2020, closing just shy of ** billion U.S. dollars. 

Streaming platforms, the future of cinema?

Streaming video platforms are gaining more and more ground. In Spain alone, they already have more than ** million subscribers. However, among all of them, Netflix seems to have become the rival to beat. Movies like Roma, The Irishman, and Marriage Story have fascinated audiences and critics alike, even reaching the red carpets of the industry's major awards. It is therefore not surprising that the revenues of the American company continue to increase year after year, along with its commitment to further ventures into the world of cinema.