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Global Cinema Industry Set to Lose $32 Billion in 2020, Says Omdia Report

The global cinema industry is set to lose $32 billion in 2020 due to the COVID-19 pandemic, a 71.5% reduction in box office revenue compared to 2019, according to a recent report by media and tech research firm Omdia. Omdia’s “Movie Windows: Adapting for the future” report finds that box office revenue has dipped below […]

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