Data presented by Buy Shares indicates that top ten highest grossing movies of all time have hit $18.5 billion as of December 2020. The revenue is for movies released since 1915.
2020 movie revenue drop due to pandemic
The Avengers: Endgame released in 2019 is the highest grossing movie at $2.79 billion followed by 2009’s Avatar with revenue of $2.78 billion. Titanic released in 1997 is the third highest grossing movie at $2.18 billion.
In fourth place, there is Star Wars: Episode VII – The Force Awakens released in 2015 with revenue amounting to $2.06 billion. In the fifth spot, there is 2018’s Avengers: Infinity War at $2.04 billion.
The Avengers released in 2012 is sixth with a gross revenue of $1.51 billion followed by Harry Potter and the Deathly Hallows: Part 2 from 2011 with a revenue of $1.34 billion.
Star Wars: Episode VIII – The Last Jedi from 2018 ranks eighth with revenue of $1.32 billion followed by Frozen released in 2013 with revenue of $1.27 billion. Captain America, released in 2016, ranks as the tenth highest-grossing movie with $1.15 billion.
The research highlighted 2020’s drop in movie revenues. According to the research report:
“Like most sectors, there was a major drop in movie revenues in 2020, mainly due to the coronavirus pandemic. Thousands of movie theatres were closed globally as authorities imposed lockdowns as preventive measures to curb the virus’s spread. As a result, major Hollywood movies were delayed until further notice. Simultaneously, movies scheduled for theatrical release were canceled and were instead released via online streaming services. However, at this moment, it is unclear what the full impact of the pandemic will be on movie theatres.”