It’s impressive to see the strong performance of the film industry in the post-Covid era, with a record-breaking 8.9 billion in total grosses for 2023. #Universal emerged as the winner, crossing the 1.8 billion mark. The 2024 projection of 8 billion represents a 10.1% decrease from the previous year.
2023 Global Box Office Recap
Universal Pictures takes charge on the global box office, grossing a total $1.81 billion in revenue fueled by blockbusters like, “Oppenheimer”, “Trolls Band Together,” “M3GAN,” “Knock at the Cabin”, “Migration”, and “Fast X.”
Disney, Warner Bros., Sony, and Paramount all had a great year at the worldwide box office exceeding the $800 million mark each.
Even independent studios like A24 and Neon made their mark, proving that diversity and originality are thriving in the post-pandemic landscape.
The global box office top 10 for the year 2023 is a kaleidoscope of differently blended cultures and genres, from sequels to new movies, like the playful nostalgia of “The Super Mario Bros. Movie,” or epic drama “Oppenheimer”, sequel “Guardians of the Galaxy Vol. 3”, “Fast X”, “Spider-Man: Across the Spider-Verse”, etc, audiences embraced movies from all corners of the world. And who can forget the cultural phenomenon of “Barbie”, led by Greta Gerwig and Margot Robbie, proving that dolls can conquer the silver screen, too!
The year also saw a set back once Hollywood strike hit the streets, changing the schedule and marketing plans of many biggies, denting the business at the ticket windows as well.
For the upcoming releases, a projected 10.1% decrease in box office revenue for 2024 sets forward a cautionary note for industries as well.
The top production houses for 2023 were as follows:
- Universal: $1.81B
- Disney: $1.45B
- Warner Bros: $1.42B
- Sony: $969.9M
- Paramount: $842.4M
- Lionsgate: $588.1M
- 20th Century Studios (owned by Disney): $411.6M
- Angel Studios: $219.3M
- AMC: $212.4M
- UAR (owned by Amazon): $163.8M
- A24: $138.8M
- Focus (owned by Universal): $115.9M
- MGM (owned by Amazon): $93M
- Toho: $45.3M
- GKIDS: $37.3M
- Searchlight Pictures (owned by Disney): $25.4M
- Neon: $23.2M
- Crunchyroll (owned by Sony): $22.6M
- Orion (owned by Amazon): $12M
Global Box Office Top 10 in the post-Covid Era:
In the post-Covid era, the global box office top 10 includes:
- Avatar The Way Of Water: $2.32B
- Spider Man No Way Home: $1.92B
- Top Gun Maverick: $1.5B
- Barbie: $1.44B
- The Super Mario Bros Movie: $1.36B
- Jurassic World Dominion: $1B
- Multiverse Of Madness: $955.8M
- Oppenheimer: $955.2M
- The Rise Of Gru: $940M
- The Battle at Lake Changjin: $918.4M (China)
“Barbie”, becoming one the biggest hit from Hollywood, leads the list of the biggest box office grossers of the year 2023.
Global Box Office Top 10 in 2023:
Here is the list for the Global Box Office Top 10 for 2023 releases only
- Barbie – $1.44B
- The Super Mario Bros Movie – $1.36B
- Oppenheimer – $955.2M
- Guardians of the Galaxy Vol. 3 – $846M
- Fast X – $705.7M
- Spider-Man Across The Spider-Verse – $690.5M
- Full River Red – $673.7M (China)
- The Wandering Earth 2 – $604.5M (China)
- The Little Mermaid – $569.8M
- Mission Impossible 7: Dead Reckoning Part One – $568M