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Cinemas with 75 percent drop in 2020


Cinemas with 75 percent drop in 2020
By TPN/Lusa,
in Business, News ·
15-01-2021 01:00:00 · 1 Comments
Cinemas suffered a 75 percent drop in audience and revenue last year compared to 2019, that is, they had 11.7 million fewer viewers and had a turnover of €62.7 million.
According to theInstituto do Cinema Audiovisual (ICA), these data reflect “a year marked by profound constraints” in cinema going, due to the covid-19 pandemic, and whose restrictive measures have “deeply affected the normal functioning of cinema venues”.
The ICA revealsthat in 2020 cinemas had 3.77 million viewers, while in 2019 15.5 million tickets had been sold. Box office revenues stood at €20.4 million, a quarter of the figure for 2019, a year that totalled €83.1 million. Although still provisional, the da ....

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