During the pandemic and quarantine process, many of his films were forced to postpone their shooting. Marvelhas been on the agenda with the problems it has had with the Chinese Government for a while. Famous company after China’s ban on the release of Marvel movies with serious financial problems faced.
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Marvel hasn’t been able to take advantage of the Chinese market for a while
The relations between Marvel and the Chinese Government, which were strained in 2016 after Deadpool included violence, sexuality and behaviors that could hinder the development of children, were once again damaged this year. The movie Shangi-Chi and the Legend of the Ten Links, which Marvel released this year, was banned on the grounds that the lead actor Simu Liu insulted the Chinese people and government in the past.
By law in China, any film shot outside the country must obtain the approval of the Chinese Government to be released. The government, which imposed an embargo on Marvel after the Shang-Chi incident, Black Widow and Eternals prevented his films from being released.
Especially considering that Shang-Chi and Black Widow are two of the 3 most watched movies of the year all over the world, the loss of the company becomes clearer. Shang-Chi and Black WidowWith $224 and $183 million in box office revenues, it became the first and third most-watched films of the year in the United States. Considering that China is a much larger market than the USA, it can be said that Marvel has suffered a serious loss of at least 400 million dollars.
Top-grossing Marvel movies in China:
- Avengers: Endgame (2019) — $629.1 million
- Avengers: Age of Ultron (2015) — $240.1 million
- Spider-Man: Far From Home (2019) — $199 million
- Captain America: Civil War (2016) — $180.8 million
- Captain Marvel (2019) — $154.07 million
- Ant-Man and the Wasp (2018) — $121,203 million
- Iron Man 3 (2013) — $121,200 million
- Spider-Man: Homecoming (2017) — $116.3 million
- Captain America: The Winter Soldier — $115.6 million
So what do you think about the embargo on Marvel? Do not forget to share your views with us in the comments section.