The October box office played out the way studios and analysts predicted it would: an improvement from a miserable September, but still well below where theaters need business to be. In fact, October’s box office came in at the lowest level in 21 years.
At the start of the month, distribution chiefs told TheWrap that they expected October domestic totals to be somewhere between 20%-30% below the $623 million earned in October 2021, when COVID-delayed releases like “No Time to Die,” “Dune” and “Venom: Let There Be Carnage” accelerated the pandemic recovery process.
With a $468 million domestic total in October 2022, that prediction ended up being right on the money with a year-over-year monthly total drop of approximately 25%.