China’s Lunar New Year box office revenues soar by a third to record US$1.21 billion as cinemas fill up amid travel restrictions

China’s box office revenues climbed to a record high during the week-long Lunar New Year holiday, signalling a promising recovery of the world’s largest film market from the coronavirus fallout last year.Holiday movie ticket sales in China reached 7.8 billion yuan (US$1.21 billion) during the week of February 11 to 17, up 32.5 per cent from the 2019 Lunar New Year holiday, according to Chinese ticketing platform Maoyan Entertainment.Ticketing revenue for 2020 was omitted as cinemas were shut…