HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
This reads like propaganda...
from studios (keeping negotiations in check?) and Rich Greenfield (the ultimate charlatan who is trying his best to will an AMC stock crash so he can cover a heavy short position that he almost certainly holds)
Exhibition-side execs (both distribution and exhibition) speak more in the range of $8.2B - $8.4B. Still not great but better than the disastrous $7.5B. I do think there is upside from a lot of what is already being disscussed (wide releases to be added, titles that will certainly break out). Barring another major setback (IATSE strike?) $8.5B+ seems more than reasonable
THR: Expectations are that 2024 Box Office will come in behind 2023 $7.5 billion to $8 billion due to strike delays. Dec 15, 10:10
Multiple studio execs think it might eke out 8.5 billion however. {nm} Dec 15, 10:11
NRG is tracking 82 wide releases in 2024 vs 97-99 2023, 120 in 2019. {nm} Dec 15, 10:13
There's probably 15-20 wide releases yet to be scheduled. {nm} Dec 15, 12:05
Article is mostly Rich Greenfield quotes who is a STREAMING IS KING, Netflix is unstoppable fanboy. {nm} Dec 15, 10:15
“delays” entirely of the studios own choosing {nm} Dec 15, 10:16
there will be a bunch of non studio titles that break out due to open screens Dec 15, 11:48
but theaters are gonna have to do a lot of rep and event screenings just to keep afloat {nm} Dec 15, 11:51
and i would figure out how to do more event TV in theaters {nm} Dec 15, 11:56
It seems like Emmys are OK with around 200ish level theatre releases, not sure what brokedown on the IMAX Live Survivor plans. Dec 15, 12:07
National cinema day every month next year, let’s make it happen {nm} Dec 15, 13:46
This reads like propaganda... Dec 15, 14:20