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In 2021, the average price of a movie ticket in the United States added up to **** U.S. dollars, up from **** dollars in 2016. This represents an increase of nearly ** percent over half a decade.

COVID-19's impact on movie theaters

After two consecutive years of growth, the number of cinema sites in the U.S. decreased again in 2020, amidst the coronavirus outbreak. That year, there were movie theaters across the country, down from theaters in 2019 – an annual decrease of *** percent. Furthermore, the box office revenue in the U.S. and Canada has been struggling to recover. In 2021, it added up to **** billion dollars. This amounts to less than ** percent of the ****-billion-dollar revenue recorded in 2019, before the pandemic.

The future of the film industry

When considering the period from 1995 to 2022, adventure and action were the best-performing movie genres in Canada and the U.S. Altogether, they amassed a box office revenue of nearly *** billion dollars throughout those 27 years. Moreover, forecasts for the overall filmed entertainment revenues remain promising in both countries. Between 2019 and 2024, this market was projected to increase by over ** percent in the U.S. and by almost ** percent in Canada.