Hollywood Might Not Bounce Back From Theaters’ $1.3 Billion Stock Collapse
August 5, 2017
Hope is fading for a feel-good ending at the U.S. box office.
After several months of flops like Warner Bros.’ “King Arthur” and EuropaCorp’s “Valerian,” movie studios and theaters are beginning to acknowledge that their streak of record-setting ticket sales may be coming to an end. AMC Entertainment Holdings Inc., the world’s biggest cinema chain, laid out a worse-than-projected outlook for the North American box office this week.