Replies to post #124420 on AMC Entertainment Holdings Inc (AMC)

[Grandmasim]

Problem is...if it doesn't fit the narrative it is then "paid for".

[ALDRADJKD123]

So basically there is nothing to support your claim and it’s just a guess or opinion?

Thank you for clearing that up.

[Prudent Capitalist]

There have been a number of articles out on the lagging box office receipts, and how bad theater attendance and box office receipts were over the 4-day 4th of July weekend. One example:

Before the pandemic, the 4th of July weekend was a massive period for both new movie releases and theme-park attendance.

Because people get an extra day off (or two in some years) over the holiday period, it has been a popular time for studios to release tentpole movies and for them to take vacations.

For decades, in fact, July 4 weekend was perhaps the second-biggest summer box office release period, after Memorial Day. The holiday came in second only because it moves around and isn't always on a Friday or Monday. In some years, when July 4 hits on a Thursday or a Tuesday, many Americans get a four-day weekend.

This year, even as July 4 landed on a Tuesday (which gave many people a four-day weekend), it did not deliver its usual magic for movies ......

The Movie Business as We Knew It Is Over

Only "The Super Mario Bros. Movie" has crossed $1 billion in global box office in 2023 ($1.34 billion). Movies that easily would have passed that mark including "Fast X," Guardians of the Galaxy Vol. 3," and "Spider-Man: Across the Spider-verse" fell short.

In addition, movies that would have been solid hits, including "The Flash," the live-action "Little Mermaid," "Ant-Man and The Wasp: Quantumania," and Pixar's "Elemental," all underperformed at the box office.

In fact, you can argue that only "Mario Bros." and "John Wick 4" met expectations.

Disney has a lot of movies named above, but while it's easy to blame superhero fatigue or pretend that DeSantis calling out the company hurt its box office, the reality is that people simply go to the movies less often.

Few films draw people to theaters, and that changes the economics of making movies. Disney still has the intellectual property people want to see, but the theatrical model is broken. That means that not just Disney but also Comcast (CMCSA) - Get Free Report, Sony (SONY) - Get Free Report, and other studios have a major problem to solve.

You can't spend blockbuster money on movies when people won't go to theaters in large numbers to see them. The current trajectory suggests that many movie theaters will close and more content will flow to streaming services, which likely mean lower movie budgets.

https://www.msn.com/en-us/travel/news/forget-desantis-walt-disney-has-two-bigger-problems/ar-AA1dYI3E

[ALDRADJKD123]

Post replied to say “instagram” how or where does one find articles of what’s posted on instagram?