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Guardian
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UK box office forecast to top £1bn in 2025 after year-on-year fall
- The UK box office is forecast to surpass £1bn next year for the first time in six years.
- However, cinema bosses still say moviegoing will not return to pre-pandemic levels until 2026.
- The Hollywood actors’ and writers’ strikes last summer delayed the release of a number of blockbusters.
- Research company Omdia forecasts the UK box office decline marginally to £931m in 2024.
- This marks the first annual contraction since 2020, when the COVID-19 pandemic forced cinemas to close.
- “The problem is if you don’t have consistency in the supply of films, you lose momentum, and people forget about going,” said David Hancock, Omdia’s chief media and entertainment analyst.
- Cineworld was forced to enter bankruptcy protection in the US and later downsized its British operation to pay down its debt pile.
- Admission numbers are expected to climb year on year, from 121m in 2024 to 129m in 2025.
- However, that would still be well down on 2019’s 176m.
- UK cinema operators such as Odeon, Vue and Omniplex are taking over the sites of Cineworld after the end of its negotiation period with landlords.
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