Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News

Box office woes: 2024 faces 11% crash, fewer blockbuster hits

2024 box office in trouble due to Hollywood strikes and delayed releases.

The 2024 box office is gearing up for quite a ride, but not without its fair share of challenges. With highly-anticipated sequels and franchise installments on the horizon, there is both excitement and concern in the air as Hollywood prepares for another blockbuster-packed year.

However, the road to success is not without its bumps. The 2023 Hollywood strikes, in which writers and actors fought for fair pay, have left their mark on the upcoming slate of movies. Many highly-anticipated films that were slated for 2024 release have been delayed to 2025, creating a gap in the box office calendar and leaving some audiences craving for the next big thing.

According to Deadline, these unforeseen circumstances have led to a projected 11% decline in the domestic box office for 2024, with an estimated $1 billion drop from the previous year's earnings of approximately $9 billion. With only 107 movies set for wide release, compared to the 124 films in 2023, there are even some weekends that remain completely devoid of major releases. January, March, May, October, and two weekends in December are still waiting for the glittering lights of Hollywood to illuminate their screens.

But fear not, movie lovers! There is always hope for a cinematic comeback. The box office has seen its fair share of surprising hits in the past, and 2024 might just bring us some unexpected gems that will reignite the flames of excitement and bring audiences flocking back to the theaters.

Remember the unforgettable 'Barbenheimer' double feature weekend in 2023? Barbie and Oppenheimer hit the screens simultaneously and both skyrocketed into the worldwide Top 3 for the year. Barbie claimed the crown as the No. 1 movie of 2023, raking in an astonishing $1.44 billion, while Oppenheimer captured hearts and wallets, landing at No. 3 with an impressive $952 million. Who could have predicted that?

And that's the beauty of the movie industry. It's a world filled with surprises, where even the most unlikely films can capture our imagination and steal the show. So, as we look ahead to 2024, let's keep our eyes peeled for those potential game-changers.

Among the contenders are two upcoming Blumhouse horror movies – Night Swim and Imaginary. Coming in the early part of the year, they aim to replicate the unexpected success of M3GAN from 2023. With horror fanatics always hungry for a good scare, these movies might just tap into the pulse of the genre-loving audience and make a splash at the box office.

Furthermore, the Marvel Cinematic Universe, although experiencing diminishing returns lately, could find redemption in the form of Deadpool 3. Not only is it the popular anti-hero's first foray into the MCU, but it also promises the return of the beloved Wolverine, played by the legendary Hugh Jackman. With the perfect blend of fan-favorite characters and a fresh injection of Marvel magic, Deadpool 3 might just be the hit the industry needs.

Additionally, Dune: Part Two stands as a strong contender to exceed its predecessor, thanks to its theatrical-only release and the momentum gained from Timothée Chalamet's 2023 hit, Wonka. As audiences eagerly await the continuation of the epic space opera, the allure of breathtaking visuals and immersive storytelling may lead to an unprecedented box office triumph.

The stage is set and the spotlight is on 2024, as the movie industry braces itself for another unpredictable year. Will the predictions hold true, or will we witness a surge of unsuspected sensations? Only time will tell. But one thing is certain – the magic of cinema will continue to dazzle, surprise, and captivate us, no matter what challenges lie ahead.

So grab your popcorn, find your seat, and prepare to be transported to captivating worlds, exhilarating adventures, and unforgettable moments. The show must go on, and we can't wait to see what 2024 has in store for us at the movies. Lights out, movie buffs! Let the countdown begin.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.