Studios, Theaters Face Shrinking 2024 Box Office Due to Strikes

The actor and writer strikes that brought Hollywood to a halt for months this summer will result in fewer films in 2024 and an 11% drop in North American ticket sales.

Data tracker Gower Street Analytics on Tuesday predicted 2024 revenue of $8 billion, down from an estimated $9 billion this year. Global ticket sales will total $31.5 billion next year, a 5.7% decline, the firm predicts.