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However, the latest box-office predictions state the first weekend of May through to early September takings will be down five to 10 percent on last year.
According to the Los Angeles Times, that’s a total loss of $450 million as the overall Summer gross in the US is expected to fall from $4.45 billion to $4 billion, the worst in a decade.
While seemingly a relatively small percentage, for the entire cinema industry it could be quite disastrous. The publication states how many executives are worried there are just too many sequels and franchises overflowing the market.
“Some of the tent poles are just not as strong this year,” 20th Century Fox head of domestic distribution Chris Aronson says. “Pirates of the Caribbean? It's the fifth one. Transformers? It’s the fifth one.”
originally posted by: starwarsisreal
a reply to: introvert
Well if they are to do remakes they should have at least remake bad movies. Look at the Ghostbusters fiasco. They ruined and otherwise awesome movie.
originally posted by: Arnie123
a reply to: introvert
I seriously doubt that. I have a few ideas of my own and not seen on media, as I'm sure you do as well.
It boils down to what they "think" is popular. Deadpool was widely accepted as barely breaking even, but the movie end up BANKING.
originally posted by: starwarsisreal
The problem is that they are out of touch, and the fact that better (binge-worthy) material exists on hulu/netflix/hbo/amazon, which keeps people glued to the tube.
originally posted by: six67seven
a reply to: introvert
The problem is that they are out of touch, and the fact that better (binge-worthy) material exists on hulu/netflix/hbo/amazon, which keeps people glued to the tube.
It will only get worse for the box offices.