Over the last two years, the pandemic has impacted almost every aspect of our daily lives, generating new and unexpected challenges. The film, television, and streaming industry has not been immune, and in many ways, we are still navigating this new reality. But, as the Motion Picture Association commemorates our 100th anniversary this year, I have a renewed sense of optimism, thanks to what I see in our 2021 Theatrical and Home Entertainment Market Environment (THEME) Report. 

In short, 2021 marked the onset of our industry’s rapid rebound. I’d like to thank each and every member of our global audience for contributing to this success, which supports millions of creators around the world. The combined global theatrical and home/mobile entertainment market reached $99.7 billion, a growth of 24 percent since 2020, but more importantly, surpassing the pre-pandemic 2019 value. Add in pay TV, and the combined global theatrical and home entertainment market grew six percent from 2020 to $328.2 billion, matching 2019’s record high.