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Summer Sweat: Hollywood Braces for Possible Worst Box Office in Decade (450 million in losses)
Breitbart News ^ | 14 may 2017 ast | by JOHN BINDER

Posted on 05/14/2017 10:32:58 AM PDT by drewh

Hollywood may experience one of the worst slumps at the box office in the last decade this summer as Americans grow tired of the seemingly endless number of sequels and big-budget tentpoles churned out by the film industry.

Multiple reports by the the Hollywood Reporter show box office revenues are on track to decline by five percent this summer season when compared with last year, and could drop by as much as ten percent.

In real dollars, that could calculate out to a net loss of $450 million for Hollywood’s film industry, with summer earnings for movies expected at about $4 billion, which would make box office performance during this year’s summer season the worst in at least ten years.

The second weekend of summer hints at trouble to come, as Warner Bros/Village Roadshow’s pricey tentpole King Arthur: Legend of the Sword is set to debut to around $25 million in its opening weekend, a disastrous projection when compared with its reported $175 million budget, before marketing costs.

the real test will come later this summer, when Paramount trots out Transformers: The Last Knight and Disney releases Pirates of the Caribbean: Dead Men Tell No Tales, both of which represent the fifth entries in their respective, decade-long franchises.

There appear to be at least a couple of bright spots this summer, Christopher Nolan’s World War II drama Dunkirk are expected to perform well for Universal and Warner Bros., respectively.

But some executives are already blaming the upcoming season’s over-saturation with sequels for the projected decline in box office.

“Some of the tent poles are just not as strong this year,” 20th Century Fox domestic distribution chief Chris Aronson told the Times. “Pirates of the Caribbean? It’s the fifth one. Transformers? It’s the fifth one.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Chit/Chat; Local News; Music/Entertainment; TV/Movies
KEYWORDS: hollywood; movies
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To: pepsionice

Dunkirk is the only film I am excited to see this summer :) Its plus 99 percent ‘want to see’ on Rotten Tomatoes


21 posted on 05/14/2017 10:50:40 AM PDT by drewh
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To: drewh

Two words: Netflix. YouTube.


22 posted on 05/14/2017 10:51:13 AM PDT by SamAdams76
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To: Captain Peter Blood

There are hundreds of good movies coming out all year that are made by hollywood.

The good movies never are blockbusters, especially summer ones.


23 posted on 05/14/2017 10:52:17 AM PDT by FreedomStar3028 (Somebody has to step forward and do what is right because it is right, otherwise no one will follow.)
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To: Captain Peter Blood

Allied was way too long, problem with most films, they give final cut over to the directors...


24 posted on 05/14/2017 10:52:43 AM PDT by drewh
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To: drewh

I agree. That was a very good film.


25 posted on 05/14/2017 10:52:50 AM PDT by Lurkus Maximus
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To: drewh

Aye. That was a good one


26 posted on 05/14/2017 10:52:53 AM PDT by MattinNJ (I am optimistic about the USA for the first time in a decade)
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To: Farmer Dean
As long as they keep making movies as political statements,about half of potential viewers are going to stay away.

Yes, and generally they alienate the half who can afford a ticket.

27 posted on 05/14/2017 10:53:10 AM PDT by katana (It still hasn't occurred to them that Trump doesn't give a s***)
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To: MattinNJ

I agree. “Lion” was fantastic overall....a little slow at times especially once they began showing him as an adult, but as a child was amazing part of the movie. I like the smaller movies in some cases. I saw Nebraska at the movie theater a number of years ago and it was great (except for the old doggies talking through the movie behind us....I hate that). First of all blockbusters are so packed with movie goers that I can no longer stand going. I think the last movie I went to that was somewhere during opening night was Titanic and I had horrible seats and my wife and I hated watching. We ended up going again a few weeks later and was much more pleasant.


28 posted on 05/14/2017 10:53:36 AM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: drewh

Meanwhile, in 2 weeks domestically and three overseas, Guardians of the Galaxy Volume 2 has tripled its production budget.


29 posted on 05/14/2017 10:53:39 AM PDT by Ingtar (.)
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To: Captain Peter Blood

I agree with you in saying movies, in general, in the 1940’s to about 1960 were much better. THEY EVEN HAD MORAL NORMS!


30 posted on 05/14/2017 10:54:45 AM PDT by AEMILIUS PAULUS
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To: Drew68

Tom Hardy, Chris Nolan, and Sir Kenneth Branaugh in a real WWII movie, I am there...


31 posted on 05/14/2017 10:55:26 AM PDT by drewh
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To: MattinNJ
never understood why they keep pumping out garbage....

For a few years, the local cinema complex always had a few art-house, non-mainstream flicks. Folks got in the habit of looking for a movie worth viewing. They've cut back on that. It's easy to get out of the habit of checking the movies to see if there's something worth seeing.

Then there's the "improved" seating. They're plush seats, and honestly, tough to get comfortable in. Plus one wonders about spilled food and drinks, perspiration, etc. Then there's having to choose an assigned seat when purchasing a ticket. I'd much rather let random selection be the guide when entering the theater.

What are they thinking? With boomers retiring in large numbers why would they EVER want to change the movie-theater experience that much?

32 posted on 05/14/2017 10:57:20 AM PDT by grania (only a pawn in their game)
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To: drewh
Hell or High Water was great

Yep, was going to post the same thing. Really enjoyed that one.

33 posted on 05/14/2017 10:58:04 AM PDT by BookmanTheJanitor
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To: IronJack
It has nothing to do with the Trumpian revolution, or with Hollywood’s refusal to recognize that not all of its audiences cherish queers, dykes, mouthy black racists, and klutzy, stupid white men.

Probably not. Beauty and the Beast just passed the $1.25 billion mark. That's billion with a 'B'. It will pay for all these flops. Surely, some Trump voters contributed to this.

34 posted on 05/14/2017 10:58:21 AM PDT by Drew68
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To: GOPJ
Going to the movies is a much fun as shopping at Target, being forced to listen to Michael Moore express hated for traditional Americans, and having a tooth pulled.

It's a horrible experience. Even when you are seeing the rare decent movie, you have to sit through 20 minutes of previews, condescending messages and leftist commentary. Last movie I saw, there was a preview of Al Gore's next movie on Global Warming. The only redeeming moment was when the preview briefly showed President Trump and half the theater clapped. Bet they weren't expecting that. This was in Connecticut! Then they send the ushers up and down the aisles with collection plates, like it was church, collecting for some pet cause like fighting AIDS or some such.

Most times when I'm in the mood for a movie, I sit at home and watch something on Netflix or YouTube. I have a Roku Box that sends YouTube from my computer to the TV screen. The video quality is surprisingly good and you can find most of the older movies on YouTube. The Netflix offerings are scant but you can usually find something worth watching and the video quality is astonishing. As a last resort, I have Amazon Prime in which you can stream most movies for a nominal fee.

35 posted on 05/14/2017 10:59:25 AM PDT by SamAdams76
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To: drewh

Maybe it’s my age now but I really don’t like going to the movie theatres. Sitting through all those trailers played loud and usually of violent scenes with special effects. Buncha crap. Last movie seen was called ‘Life’ about an alien life form coming to life and killing off an entire spaceship crew and ends up on earth in the end to continue its murderous ways. Dark sinister crap more better named ‘Death’. Left me with a crappy mood the next day. Give me inspirational anytime and Scrooge Hollyweird.


36 posted on 05/14/2017 11:01:26 AM PDT by tflabo
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To: drewh
Tom Hardy, Chris Nolan, and Sir Kenneth Branaugh in a real WWII movie, I am there...

Yep. I'm looking forward to Dunkirk.

Honestly though, I'll likely be patient and watch it from home.

37 posted on 05/14/2017 11:02:16 AM PDT by Drew68
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To: IronJack
As I was going through the posts, before I got to yours, I was thinking that a lot of these movies "sound like Jeb Bush running for the nomination." No excitement factor; just an expectation of success because the formula is there. I guess CGI has been around long enough that the current crop of moviemakers have forgotten how to make an original hit or great production.

Then I saw your post with the reference to Trumpian revolution.

38 posted on 05/14/2017 11:02:48 AM PDT by Bernard (The Road To Hell Is Not Paved With Good Results)
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To: BookmanTheJanitor

Jeff Daniels derserved the oscar as the retiring sheriff, he got robbed!


39 posted on 05/14/2017 11:06:00 AM PDT by drewh
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To: drewh

Hollywood makes most of it’s movies for China these days


40 posted on 05/14/2017 11:08:41 AM PDT by butlerweave
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