‘Avengers Assemble:’ Five years after ‘Endgame,’ the box office needs more than just a blip

Almost a year after the April 26, 2019 premiere of “Avengers: Endgame,” a viral clip made the rounds via social media, capturing the wild audience reaction to Captain America wielding Thor’s hammer and the blipped-away heroes returning during the “Portals” sequence. For many it felt like a soothing balm, underscoring the kind of communal experience people were missing as the still-new coronavirus pandemic shuttered theaters.

In the movie, five years had passed since Thanos won the battle in “Infinity War.” In reality, five years have now passed since “Endgame” laid siege to box-office records, representing the culmination of everything Marvel Studios had built toward over more than a decade. While the movie business has rebounded somewhat, studios in general, Marvel in particular, and the moviegoing audience still haven’t fully recovered, and at this point, there are no assurances that they ever will.Indeed, the “Endgame” anniversary finds Marvel at a bit of a crossroads, victimized by a series of factors that include the pandemic, the advent of streaming, the departure of beloved signature characters, and its own greed (a common sin at the height of Hollywood success) in saturating the market with movies and TV shows that likely diluted their overall clout and impact.