“Top Gun” flies high, sparking hopes of a theatrical recovery

“Your kind is headed for extinction!” barks a senior officer to Tom Cruise’s hero in “Top Gun: Maverick”, a supersonic action flick released by Paramount last week. “Maybe so, sir,” replies Maverick. “But not today.”

Cinema owners are feeling similarly defiant. Worldwide box-office receipts fell by 72% in 2020, when the pandemic forced film buffs to say goodbye to the silver screen and hello to their sofa. After ticket sales recovered only partially in 2021, many predicted curtains for theatres. Yet “Top Gun”, a sequel to a classic of the genre from 1986, raked in $248m on its opening weekend, the biggest-ever debut for a film starring Mr

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