Box office revenue limped to historic low of $300,000 or less on Wednesday as the vast majority of cinemas in North America closed their doors indefinitely due to the coronavirus crisis
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That compares to $10.7 million in revenue on the same Wednesday a year ago, resulting in a year-over-year decline of 97 percent. Revenue a week ago on the same day was $7.7 million according to Comscore. Box office analysts say $300,000 is no doubt the lowest number in modern history for a single weekday.
According to best estimates, only 440 or so cinemas in the U.S. remained open on Wednesday out of a total 5,548 cinemas . The rest, including mega-circuits AMC, Regal and Cinemark, were shuttered by the end of Tuesday. Never before in Hollywood cinema history have theaters closed on such a wholesale basis, leaving the film industry reeling. AMC Theatres — the country's largest circuit — says its more than 630 sites will be dark for at least six to 12 weeks.stayed No. 1 on Wednesday with a mere $61,529, compared to $2.2 million on the same day a week ago.
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