American Films Are Losing Their Dominance Over the Global Box Office

American movies are losing their stranglehold on cinema screens around the world. Their share of the global box office has shrunk from 92% to 66% in the last two decades, while that for movies produced in Asia has increased. Nine of the top 10 highest-grossing movies of all time were produced in the US, but the most recent addition to that list is China’s Ne Zha 2, an animated film about a young boy endowed with supernatural powers who battles monsters from Chinese mythology. US films still dominate box offices...