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2023movies

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entertainment2 years ago

"Wonka Sweetens 2023 Box Office, Pushing Annual Revenue Over $9B"

The U.S. box office surpassed $9 billion in 2023, with Universal Studios leading in market share, grossing $1.93 billion, thanks to hits like "Super Mario Bros Movie" and "Oppenheimer." Despite a challenging year with strikes and a shift in audience preferences, the industry saw a diverse range of successful films. Disney ranked second with $1.89 billion, while Warner Bros came in third with significant growth. Analysts predict a decrease in total box office revenue for 2024 due to fewer wide releases. Universal's success marks the first time since 2015 that it has outperformed Disney in domestic box office earnings.