Summer box office bust? This season's movie slate could put up the lowest haul in decades
Publishing timestamp: 2024-05-08 12:16:56
Summary
For the first time since 2009, the summer box office doesn't have a Marvel film to kick off the key movie season. Universal's "The Fall Guy" stumbled during its opening weekend, signaling a potentially weak summer box office. Analysts predict a decline in ticket sales compared to previous years, with a lack of major blockbuster releases. The summer 2024 slate is expected to barely exceed $3 billion in ticket sales, down from over $4 billion before Covid. The industry is facing challenges due to a limited and unsteady stream of new films, with cinema operators in need of significant content infusion. The article highlights the impact of the lack of major releases on the summer box office and the potential for a weak season overall.
Sentiment: NEGATIVE
Keywords: entertainment, life, walt disney co, movies, breaking news: business, business news, business, comcast corp,
Source: https://www.cnbc.com/2024/05/08/summer-box-office-preview-movie-slate-lacks-franchise-hits.html