Bollywood Hungama has recently provided data about the performance of films in India in 2023 across languages. It was observed that all the major industries like Bollywood, Tamil and Telugu had their best performance ever in terms of domestic box office gross, in 2023. Two major industries that suffered in 2023 were Hollywood and the Kannada industry. In this special report, we’ll be sharing information about the performance of Hollywood films in 2023.
Hollywood films have been doing huge business since the last decade, exceeding expectations. The Marvel Cinematic Universe played a huge part in attracting moviegoers from across the country to cinemas. Avengers: Endgame (2019) unleashed a never-before-seen craze and it was the first Hollywood film to cross the Rs. 300 crore mark. In 2020 and 2021, Hollywood came to the rescue as most of our filmmakers felt that releasing films in theatres in Covid times was risky. Even in such conditions, few Hollywood films did huge business. Spider-Man – No Way Home (2021) embarked on a strong opening and ended up collecting Rs. 218.41 crores, despite the Omicron scare and 50% occupancy rule.
2022 was also great as Doctor Strange In The Multiverse Of Madness and Thor: Love And Thunder got the benefit of the goodwill of Spider-Man – No Way Home and had very huge openings. Though the collections soon plummeted due to mixed word of mouth, the purpose was served. Avatar: The Way Of Water, meanwhile, was the biggest Hollywood hit of 2022, collecting a huge Rs. 378.22 crores.
2023, sadly, saw no such Rs. 200 crores plus hit. The Marvel films performed underwhelmingly. There was also no spectacle like Avatar last year and this affected earnings as well as footfalls. But Oppenheimer proved to be a surprise. Despite being a film that was meant for the intelligentsia, it managed to emerge as 2023’s biggest hit. It collected Rs. 128.46 crores. This was followed by Mission Impossible: Dead Reckoning – Part One. As it collected Rs. 119.53 crores, it’s the first film of the series to cross the Rs. 100 crore mark. Fast X collected Rs. 108.83 crores. These are the only 3 films to have had a business of Rs. 100 crore. The next big grosser, John Wick: Chapter 4 collected Rs. 53.21 crores followed by Guardians Of The Galaxy Vol. 3 at Rs. 52.21 crores.
The decline in box office earnings also resulted in lesser footfall. 2019 saw record footfalls at 9.70 crores. It slid down to 52 lakhs in 2020. 2021 was better at 3.28 crores. In 2022, the footfalls rose to 5.16 crores. In 2023, however, the footfalls reduced to 4.75 crores.
It now remains to be seen how 2024 is for Hollywood in India and across the world. The absence of sufficient massy flicks can once again prove detrimental. Godzilla x Kong: The New Empire looks the best out of the lot and has the potential to rock the show. Other potential hits include Furiosa, Kingdom Of The Planet Of The Apes, Ballerina, Deadpool 3 and above all, Joker: Folie à Deux.
More Pages: Oppenheimer (English) Box Office Collection , Oppenheimer (English) Movie Review
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