Fewer wide-release films
Through last weekend, 2019 has seen 21 films open on more than 1,500 screens. This time last year, that number was 27. Even if those were lesser-grossing titles, figure six fewer films contributed at least $150 million to the shortfall. That doesn’t mean individual films made less this year; indeed, the absence of competition may have meant higher grosses for them. However, this looks like the new normal as studios conserve their firepower to produce fewer, more-expensive titles.
Christmas was weak
To put it kindly, January is a month for more secondary titles.