

30, was streamed for more hours over its first three days than any previous premiere on the service.Īnd the streaming giants are just getting started. “The Adam Project” arrived on Netflix in March and the animated “The Sea Beast” in June, while Disney+ released “Pinocchio” in September and just announced that “Hocus Pocus 2,” which debuted Sept. While last month was the worst September at the box office since 1996 – excluding the pandemic year of 2020 – Netflix, Disney and others have been pumping family films to their services.

So where have all the family movies gone? We consider this to be the biggest production challenge ahead.” “Success with families is essential to the long-term health of the business. He’s predicting that gross profits for family films in 2022 will total $2.75 billion to $2.8 billion.
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“The movie industry needs a big and thriving family moviegoing business to return to strength,” said David Gross, a box office analyst. It’s affecting the health of the theatrical business. The decline today is due to a combination of factors: a hangover from the pandemic, efforts by studios including Disney and Paramount to bolster their own streaming services with fresh content and the risks of greenlighting family films that aren’t based on well-known intellectual property. They accounted for $8.9 billion in box office receipts, a whopping 32% of the worldwide total for Hollywood studios that year. That’s a far cry from the pre-pandemic days of 2019, when 24 family movies came to theaters. Just two more are expected before the end of December. in July, and only the 12th family film to hit theaters this year. It was the first wide theatrical release for a family film since “DC League of Super-Pets” from Warner Bros. Sony Pictures unleashed the singing reptile “Lyle, Lyle Crocodile” in 4,350 theaters across the country this weekend to the tune of an estimated $12 million to $13 million.
