Posted on 08/30/2017 2:55:02 PM PDT by EdnaMode
As Hollywood wraps up the all-important summer box office season this Labor Day weekend, a sobering reality has gripped the industry.
The number of tickets sold in the United States and Canada this summer is projected to fall to the lowest level in a quarter-century.
The results have put the squeeze on the nation’s top theater chains, whose stocks have taken a drubbing. AMC Theatres Chief Executive Adam Aron earlier this month called his company’s most recent quarter “simply a bust.”
Such blunt language reflects some worrisome trends. Domestic box office revenue is expected to total $3.78 billion for the first weekend of May through Labor Day, down nearly 16% from the same period last year, according to comScore. That’s an even worse decline than the 10% drop some studio executives predicted before the summer began.
And the number of actual tickets sold paints a bleaker picture, with total admissions likely to clock in at about 425 million, the lowest level since 1992, according to industry estimates.
No one can fully explain why. Studios, movie theater owners and analysts cited the usual explanations for the summer slump. There are the obvious reasons: Too many bad movies, including sequels, reboots and aging franchises that no one wanted to see. Some point to rising ticket prices, which hit a record high in the second quarter, according to the National Assn. of Theatre Owners. Then there are long-term challenges, including competition from streaming services such as Netflix and the influence of the movie review site Rotten Tomatoes. How about all of the above?
(Excerpt) Read more at latimes.com ...
Anime is a superior alternative. There’s something for everybody.
Couldn’t happen to more deserving scum.
LOL!!
...and I went to see “Dunkirk” this summer, the first time I’ve been to a theater since “Up”.
As for ticket price, $5.50...senior matinee.
>>Crappy movies + expensive tickets + superior alternatives on TV/Streaming = Low ticket sales. <<
Hollywood: “wait, there must be a knockoff, derivarive, reboot that can make money!!”
What depresses me is that Star Wars movies continue to make money even though they gang-rape the original movies AND do it with PC and Star Trek discarded decades of canon.
How long before they reboot Harry Potter and give him a phaser at age 5?
Imagine if they hadn’t made WonderWoman.
Your acestors were smallpox blanket distributors
Rural residents hump their sisters
The perp? That’s the blue-eyed businessman. Is there a Priest character? Kay, HE did it.
All commerce is thievery.
White people invented NOTHING —all tech and capital is stolen.
The earth is boiling, the worst invention in world history is the combustion engine.
Girls are boys, vice-versa too and shouldn’t you try out some HOMO stuff..?
Religious people are bug-eyed fools with ribbons of drool being blown around from the corner of their mouths, they should be in the corner in wheel-chairs wearing HOCKEY HELMETS.
PS - Enjoy the urban people behind you talking in normal conversational volume for 2 hours
PSS - Relish the 20 minutes of enforced marketing, since we ALWAYS lie about the start time, since you’re a Walking Wallet Fool.
How much if it is due to these self-absorbed actors and writers insulting half their audience?
How much if it is due to these self-absorbed actors and writers insulting half their audience?
It is a factor. The Hollywood Creeps call us ignorant racists so l am in no hurry to give them a dime. That plus they cannot keep from lacing their work with leftist BS.
Only Hollywood movie I’ve watched in the last two years is “The Founder”
And that was on my flight back from Europe.
Let me see, the one variable it cannot possibly be is the stinking constant Leftist politics of Hollywierd and the increasing public recognition of THAT. /sarc
Drugs? Those are done by cute, sharp witty people —as a kind of sophisticated joke.
There is no such thing as a white or asian chick not interested in a sassy-talking black guy.
ALL white guys are interested in dating black women.
No asian male has ever figured out complex engineering stuff, like how to de-activate a ticking time-bomb. That will be done by a black guy who is a really dedicated hacker held in awe by white and asian guys who remain in stunned admiration after all the danger has passed.
All 7-11’s are held up by white guys in knit caps with a single smear of boot polish on their cheek, indicating that they’re From The Street.
The really tough orders on-deck are issued by steely eyed female admirals.
Slightly-framed sexy chicks always deliver powerful roundhouse kicks, usually knocking out CIA or KGB contractors.
I have nothing but contempt for Hollywood/media and it’s leftist play actors.
I give those rotten SOB’s as little as humanely possible.
My last trip to a theatre, Forest Gump at a discount theatre and I decided then it would be my last.
I want to thank all my conservative friends who are avoiding going to crappy hollywood movies.
Starve the beast
I don’t know why box office tallies remain newsworthy to this day. The media doesn’t trumpet new video game sales by the week, and the video industry dwarfs Hollywood. Maybe culture can no longer keep up with changes. Look at how media still puts things ‘on tape’ when digital replaced video tape long ago.
As an historical aside, when movies became popular in the early twenties, the press wanted to distinguish between ‘legitimate,’ ie, Broadway, performers and movie workers. They tried to push ‘cinemactor,’ but eventually lumped everyone into ‘actor.’
...leftist, elitist actors, directors. and producers.
LOL...uh, no. My wife and I absolutely DESPISE anime.
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