In 2023, Hollywood struggled to make an impact in China, with no American movies making it to the country’s top ten highest-grossing list.
Despite Disney’s efforts to secure Chinese releases for its films, including “The Little Mermaid” and “Indiana Jones,” they failed to resonate with local audiences.
Chinese audiences instead favored domestic blockbusters, signaling a growing disenchantment with American films and the continued growth of the local movie industry.
Disney stock plummeting! pic.twitter.com/nzw3229rQ4
— Trish Regan (@trish_regan) January 21, 2024
The Chinese government’s control over foreign film releases and strained US-China relations have contributed to Hollywood’s challenges in the Chinese market.
Even highly anticipated sequels like “Aquaman and the Lost Kingdom” have underperformed, highlighting Hollywood’s ongoing struggle in China.
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