Despite the promising signs of a recovery it will take several years for annual ticket sales to return to pre-pandemic levels.
After 18 months when the video industry has been starved of releases because of the cinema blackout, this is a dramatic comeback.”
However, sales of DVDs and Blu-rays, which rely on new releases, fell by a quarter last year to £356m.
“We have all done a great job promoting and re-promoting [back] catalogue, but new releases remain the biggest driver.”
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