x(1125).png?576462015 "Italy: Box Office Revenue, by year"){kind=logo}
| Year | Revenue, in million EUR |
|---|---|
| 2023 | 495.69 |
| 2022 | 306.62 |
| 2021 | 169.40 |
| 2020 | 182.51 |
| 2019 | 635.94 |
| 2018 | 555.67 |
| 2017 | 584.55 |
| 2016 | 661.30 |
| 2015 | 636.97 |
| 2014 | 574.53 |
| 2013 | 617.96 |
| 2012 | 608.66 |
| 2011 | 660.73 |
- Region: Italy
- Time period: 2011 to 2023
- Published: Jan 2024
Data Analysis and Insights
Recovery trend in box office revenue post-pandemic
The box office revenue in Italy shows a significant recovery trend post-pandemic, with 2023's revenue reaching 495.69 million EUR, a substantial increase from 2021's revenue of 169.40 million EUR. The revenue nearly tripled over two years, indicating a strong rebound in the film industry after the pandemic's impact.Pandemic's impact on box office revenue
Box office revenue experienced a sharp decline in 2020, dropping to 182.51 million EUR, reflecting the immediate impact of the COVID-19 pandemic. This represented a stark contrast to 2019's high of 635.94 million EUR, highlighting the pandemic's significant effect on the film industry in Italy.Historical peak revenue prior to pandemic
Before the pandemic, box office revenue in Italy reached its peak in 2016, with 661.30 million EUR. This year stands out as the highest-earning period in the dataset, showcasing a thriving film industry before the onset of COVID-19.Comparison of post-pandemic recovery to pre-pandemic levels
Although there has been a noticeable recovery in box office revenue in 2023, the figures have not yet returned to the pre-pandemic peak of 2016's 661.30 million EUR. The current revenue still falls short by approximately 165.61 million EUR, indicating the ongoing recovery process for the industry.Long-term growth trend despite yearly fluctuations
Analyzing the dataset from 2011 to 2023, despite yearly fluctuations, there is a long-term growth trend in the Italian box office market. While individual years show variations, the general direction indicates resilience and the potential for growth in the film industry.Year-over-year recovery rate post-2020
The year-over-year recovery rate following the pandemic's onset highlights a rapid industry response. From 2020 to 2021, revenue increased by 18.8%, and from 2021 to 2022, it saw an even more remarkable jump of 80.9%, underscoring the sector's strong rebound capability.Stability before the pandemic
The period from 2011 to 2019 showcased relative stability in the Italian box office market, with revenues consistently hovering above 555 million EUR, except in 2014. This stability reflects a robust film industry capable of maintaining audience interest and investment year over year.Frequently Asked Questions
What was the peak box office revenue in Italy?
What was the impact of the COVID-19 pandemic on box office revenue in 2020?
The box office revenue experienced a sharp decline in 2020, dropping to 182.51 million EUR, due to the impact of the COVID-19 pandemic.
Terms and Definitions
Box Office Revenue refers to the gross income generated from ticket sales for movies shown in theaters. This income does not consider the production and marketing costs associated with the movie and only calculates the sum total of money paid by viewers to watch the film.
Gross Box Office refers to the total amount of money made by a movie from ticket sales without any deductions. This includes the income generated domestically (in its country of origin) and internationally (in foreign countries).
Net Box Office is the amount of revenue that remains after deducting the exhibition costs from the gross box office revenue. The exhibition costs may include the rental cost of theater spaces, costs of prints, advertising, and other related expenses.
A Box Office Bomb, or a flop, refers to a movie which generates less revenue than its production and marketing costs at the box office, thereby causing a financial loss to the film's producers and distributors.
A Box Office Hit, also known as a blockbuster, refers to a film that generates significant revenues exceeding its production and distribution costs, typically resulting in high profits.
The Domestic Box Office indicates the total box office revenue generated by a film within its country of origin. This includes the revenue from ticket sales at theatres across the country during its theatrical run.
International Box Office refers to the total revenue generated by a movie from theatres outside its country of origin. This includes income from ticket sales in foreign countries.
A Movie Theater, also known as a cinema, is a venue that is primarily used for screening films to the public for entertainment. Theaters usually charge viewers for a ticket in return for watching the film.
Distribution Costs are the expenses that a film's distributor incurs for releasing the film to theatres. These costs include print creation, advertising, marketing, and transportation of the film reels to theaters.
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