Hollywood Had A Dismal Year In China, Proving The Chinese Market May Not Be A Cash Cow

It turns out that Hollywood’s catering to China is not exactly paying out the dividends the industry had hoped, with the latest numbers revealing a dismal year in the Chinese box office for Tinseltown.

According to Variety, just two Hollywood titles earned slots among the 10 highest-grossing films of 2019, compared to last year’s five out of 10 titles. Chris Fenton, senior advisor to IDW Media Holdings and a trustee of the U.S.-Asia Institute, bluntly said that Hollywood had its worst year in China in over a decade.