and Canada plummeted by over 60 percent between 20, the revenue generated by the whole Pictures division of the Sony Group Corporation worldwide decreased by 23 percent between the fiscal years of 2019//21. While the box office revenue of Sony in the U.S. But Sony Pictures is part of a multibillion-dollar conglomerate.
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Given the extraordinary circumstances, the year might not be representative of the full potential of major studios. In that North American market, the company – which owns brands such as Columbia and Tristar – accounted for 22.2 percent of sales at the box offices in 2020, the highest share of its history. Of the “Big Five”, Sony Pictures had the best results in the U.S. In 2020, for the first time in five years, its share stood below 20 percent.
When the acquisition was concluded, the corporation held about one third of the film studio market share in the U.S. Disney, however, is yet to re-activate this asset in a post-COVID-19 scenario. It was in 2014, a year of blockbusters like "X-Men: Days of Future Past" and "Dawn of the Planet of the Apes". During the entire 21st century, Fox only once grossed over 1.5 billion dollars at American and Canadian box offices. Meanwhile, the box office revenue of 20th Century Fox – now also run by Disney – trended down as the decade ended. The company grossed record 3.8 billion U.S. Throughout most of the second half of the 2020s, Disney’s performance at theaters in the U.S. The process of acquisition of 21st Century Fox by Disney ended in March 2019, one year before the coronavirus outbreak escalated.
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