Motion Picture Association

U.S. Box Office Cratered 80 Percent in 2020

Thanks to the nationwide coronavirus closures and lockdowns in major movie markets from New York City to Los Angeles, the U.S. movie box office take crashed 80 percent last year, according to a new report by the Motion Picture Association.

People wearing facemasks walk at the Griffith Observatory with a view of the Hollywood sign at the start of Memorial Day holiday weekend amid the novel coronavirus pandemic in Los Angeles on May 22, 2020. (Photo by Apu GOMES / AFP) (Photo by APU GOMES/AFP via Getty Images)