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For the first time since 2009, the box office doesn't have a Marvel film to kick off the summer movie season — and it shows. This year, the headline film for the first summer weekend was Universal's "The Fall Guy." The result could send the 2024 summer box office down as much as $800 million compared to 2023, according to Comscore's Paul Dergarabedian, and have ripple effects for the whole year. At present, analysts believe the summer movie season will exceed $3 billion in ticket sales, but just barely. Before Covid, the summer box office consistently topped more than $4 billion.
Persons: Guy, Ryan Gosling, Emily Blunt, Eric Handler, Roth MKM, bode, Comscore's Paul Dergarabedian, doesn't Organizations: Labor, Disney Marvel
That would mark a milestone for the company, which launched Disney+ on Nov. 12, 2019. It would be the first time Disney showed it can make money from Disney+, Hulu and ESPN+. Disney will need to sustain and grow streaming profit to justify Iger's five-year-old strategy to go "all in" on the segment. Disney has already offered ESPN+, a sports streaming service that has some but not all of ESPN's content. Trian Partners' Nelson Peltz, who failed to join Disney's board Wednesday after securing just 31% of the vote, publicly questioned what he has called Disney's "woke" content strategy.
Persons: Bob Iger, Sun Valley , Idaho David A, Iger, Disney, they've, Cowen, Doug Creutz, Needham, Laura Martin, Gabby Jones, David Greenbaum, Sean Bailey, Alan Bergman, Indiana Jones, Nelson Peltz, Peltz, shouldn't, Bob Chapek, He'll, Bergman, Jimmy Pitaro, Josh D'Amaro, Dana Walden, They've, Cowen's, you've, That's, it's, — CNBC's Sarah Whitten, Needman's Martin Organizations: Disney, Allen & Company Sun Valley Conference, Grogan, CNBC Disney, Disney Disney, Hulu, ESPN, Co, Warner Bros . Discovery, Fox, CNBC, Athletic, Bloomberg, Getty, Marvel, Star Wars, Searchlight, Walt Disney Motion, Disney Entertainment, Century Fox, Sony, Disney's Marvel Studios, Trian Partners, Financial Times, Resorts, Iger Locations: Sun Valley , Idaho, Brooklyn , New York, Iger, Parks, Disney
DisneyDisney has struggled to return to the lofty box office records of 2019 — and that may have helped open the door for its recent troubles with activist Nelson Peltz. Just four years ago, the studio had seven billion-dollar films, which contributed to a global box office haul of more than $13.2 billion. Sony produced and distributed "Spider-Man: No Way Home," which made $1.9 billion, although Disney's Marvel Studios did serve as a co-producer. "People go to watch a movie or a show to be entertained," Peltz said in recent interview with The Financial Times. Peltz has also taken particular issue with Disney's failed succession plans and what he's described as a disjointed streaming strategy.
Persons: Harrison Ford, Indiana Jones, Nelson Peltz, Disney's, Strange, Peltz, Jay Rasulo, he's, Marvel, Ike Perlmutter Organizations: Disney Disney, Disney, Century Fox, Star, Sony, Disney's Marvel Studios, Guardians, Galaxy, Trian Fund Management, Financial Times, Marvel, U.S . Air Force, Financial, Marvel Entertainment Locations: U.S
LOS ANGELES (AP) — The Godzilla-King Kong combo stomped on expectations as “ Godzilla x Kong: The New Empire ” roared to an $80 million opening on 3,861 North American screens, according to Sunday studio estimates. “ Dune: Part Two ” stayed strong in its fifth week, falling in the third spot with an $11.1 million take and a domestic total of 252.4 million. Photos You Should See View All 60 ImagesThe newer film had the second biggest opening of the studios' broader MonsterVerse franchise. “Godzilla x Kong: The New Empire,” 80 million. “Ghostbusters: Frozen Empire,” $15.7 million.
Persons: , Rebecca Hall, Brian Tyree Henry, HBO Max, Comscore, Kung, , “ Arthur the King Organizations: ANGELES, Warner Bros, Pictures, HBO, Locations: Kong
Hollywood is increasingly adapting video games into movies and TV shows. Video game studios are cautious, fearing adaptations could compromise their intellectual properties. But Hollywood has a backup plan: Video games. Ampere found that Hollywood shifted its focus away from comic books in movies and television shows last year in favor of video game adaptations like "The Last of Us." Video game adaptations typically get a bad rap as schlocky retellings, especially from younger gamers.
Persons: , Ampere, Mario, Barbie, Paul Dergarabedian, Comscore, Helene Juguet, Lance Reddick —, Black —, Strauss Zelnik, Zelnik Organizations: Hollywood, Service, Wall Street, Ampere, Amazon Prime, Netflix, Mario Bros, Guardians, Marvel, Ubisoft Film, Television, Newsweek, Forbes, Miami, Electronic Gaming Association Locations: London, Austin
Timothée Chalamet's recent films, 'Wonka' and 'Dune: Part Two,' have both surpassed the $200 million mark at the domestic box office. No film had crossed $200 million domestically since "Oppenheimer" last August. Chalamet, whose global box office total is over $2.5 billion, is proving he'll be a box-office draw for years to come. And now Timothée Chalamet has the box-office coin to prove he's one of the biggest draws in the movie business. Both titles have also surpassed the $200 million milestone domestically, something no other titles released this year have done so far.
Persons: Timothée, Wonka, Oppenheimer, Chalamet, , He's, Bird, Leonardo DiCaprio, Roald Dahl's, Charlie, Frank Herbert's, Tom Cruise, Luca Guadagnino, John Travolta, Paul Dergarabedian, Dergarabedian, Timothée Chalamet, Alberto E, Rodriguez, Bob Dylan Organizations: Service, Warner Bros, Sony Pictures, Warner Bros ., Business, Hollywood
The Oscars are Hollywood's biggest night, so stars pull out all the stops. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Oscars are Hollywood's biggest night, celebrating the movies of 2023, which took home a collective $9 billion at the US box office, according to Comscore. So, it's no surprise that each star hopes to look their best by turning out iconic looks.
Persons: , it's Organizations: Service
Oppenheimer, directed by Christopher Nolan, brought in $82.4 million in its opening weekend. The film is a much-anticipated sequel to one of the most popular science fiction adaptions in recent years, and helped revive a sleepy box office. Similarly, “Oppenheimer” was one half of the “Barbenheimer” phenomenon last summer, which took social media and the movie theater industry by storm. “This is just what the box office needed and much higher than any of us could predict,” said Jeff Goldstein, president of domestic distribution at Warner Bros. Pictures, which distributed the movie. And we grossed $178.5 million worldwide, which is quite a standup.”The sequel doubled the domestic opening of the first “Dune” installment, which opened with $41 million when it was simultaneously released in theaters and on the streaming service HBO Max in October 2021.
Persons: New York CNN —, “ Oppenheimer, , ‘ Oppenheimer, , Denis Villeneuve, Oppenheimer, Christopher Nolan, “ Denis Villeneuve, ‘ Oppenheimer ’, ” Paul Dergarabedian, “ Oppenheimer ”, Jeff Goldstein, HBO Max, CNN’s Eva Rothenberg Organizations: New, New York CNN, Warner Bros ., CNN, Universal Pictures, Warner Bros . Pictures, HBO Locations: New York
But easier to miss if you’re outside the MAGA world is the central importance of Elon Musk. On Feb. 22, a website called The Righting released an analysis using Comscore data to compare web traffic at top right-wing sites from January 2020 to January 2024. The findings are surprising: Right-wing media appears to be struggling even more than mainstream media. Of the top right-wing sites in 2020, only Newsmax gained audience over the last four years. Every other right-wing site lost visitors, and most lost a staggering percentage of them.
Persons: Donald Trump, Elon Musk, Trump, Newsmax Organizations: Fox Locations: MAGA
1 spot in its opening weekend with a strong $81.5 million in domestic sales, according to studio estimates. The sequel beat out the first Dune installment, which opened with $41 million when it was released in domestic theaters in October 2021. According to Comscore data, “Dune: Part Two” is the largest opening for Timothee Chalamet, Rebecca Ferguson and Austin Butler. Box office revenue is down 13.5% compared to this time last year, Comscore data shows. February and March have, over the past three years, reliably housed movie releases from established franchises and properties including “The Batman,” ($134 million opening weekend) “Creed III” ($58 million) and “Uncharted” ($51 million).
Persons: , Jeff Goldstein, Warner, Timothee Chalamet, Rebecca Ferguson, Austin Butler, It’s, Denis Villeneuve’s, Denis Villeneuve, Goldstein, Paul Dergarabedian, , III ” Organizations: CNN, Warner Bros . Pictures, Warner Bros, Warner Bros ., Dolby, Comscore, Studios
Since the start of the year, the domestic box office has tallied just $866.4 million in ticket sales through Sunday, a nearly 18% drop from the same period in 2023, according to data from Comscore. A boost at the beginning of the year could prove critical to a box office that's still struggling to reclaim $10 billion in domestic annual ticket sales, a mark last seen before the Covid pandemic. While surprise hits like Sony's "Anyone But You" alongside Paramount's "Mean Girls" and "Bob Marley: One Love" have helped fill cinemas, the box office had few blockbuster holdovers from the holidays and limited new offerings in the new year. Last year, the first quarter was buoyed by $263 million in ticket sales from Disney's "Avatar: The Way of Water," which hit theaters in December of the previous year. Similarly, 2022 had more than $200 million in residual sales from Sony and Marvel's 2021 hit "Spider-Man: No Way Home."
Persons: Warner, Paul Dergarabedian, Bob Marley, Bill Barstow Organizations: ANGELES, Warner Bros, Sony Locations: Comscore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailComscore's Paul Dergarabedian talks Dune 2 and if the film could end the box office slumpHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Paul Dergarabedian, Brian Sullivan, Organizations: CNBC
AMC Entertainment, often viewed as a bellwether for the industry as the world’s largest movie theater chain, is not immune to those challenges. Taylor Swift attends "Taylor Swift: The Eras Tour" Concert Movie World Premiere at AMC The Grove 14 on October 11, 2023 in Los Angeles, California. While box office revenues have not yet recovered to pre-pandemic levels, until this year, they had been on an upward trajectory. Wold lowered his projection for the domestic box office to $8.6 billion, down from $8.9 billion earned in 2023. Upping the showmanshipDespite the box office slowdown this year, AMC found itself at the center of yet another viral moment earlier this month.
Persons: “ Barbie ”, “ Oppenheimer, , , It’s, “ Barbenheimer, Taylor, Taylor Swift, Matt Winkelmeyer, Adam Aron, ” Aron, , Paul Dergarabedian, Eric Wold, Riley, Wold, Barbie, Iris Schneider, Dergarabedian, “ There’s, Deadpool, Barbie ”, Alicia Reese, Michael O’Leary Organizations: CNN, AMC Entertainment, AMC, Hollywood, ZUMA, Warner Bros, Dodge, Wedbush, Dolby, National Association of Theatre Owners Locations: Los Angeles , California
New York CNN —“Madame Web” swung to No. In November, “The Marvels” saw a lackluster $47 million in domestic sales its opening weekend, and DC’s “Aquaman and the Lost Kingdom” opened in December to a feeble $27.6 million. It’s still too soon to estimate gross domestic sales for “Madame Web,” but, by the time it exited theaters, “Morbius” had made just $73 million. But “Madame Web,” which released February 14, struggled to gain upward momentum even along its six-day opening, which straddled two holidays: Valentine’s Day and Presidents’ Day. Recent months have seen musical box office hits like “Wonka,” “Mean Girls,” and successful concert films from both Beyonce and Taylor Swift.
Persons: , Bob Marley, Web, , BoxOffice, Shawn Robbins, Madame Web’s, ” theatergoers, DC’s, Paul Dergarabedian, ‘ Deadpool, Venom ”, It’s, Madame, Morbius ”, Robbins, “ Wonka, Beyonce, Taylor Swift, Bob Marley’s, ” Dergarabedian, Compton ” Organizations: New, New York CNN, Sony Pictures, Disney’s Marvel Studios, Marvel, Sony, BoxOffice Pro, Avengers, Warner Bros, CNN, Comscore, Locations: New York, Comscore
NEW YORK (AP) — Paramount Pictures’ Bob Marley biopic “Bob Marley: One Love” outperformed expectations to debut at No. But on a weekend that was once expected to go to “Madame Web,” “One Love” emerged as the much-preferred option in theaters, despite largely poor reviews. Over six days, Sony is estimating a $15.2 million weekend and a six-day $25.8 million haul. “Madame Web” still couldn’t come close to the $39 million domestic opening weekend for “Morbius.” In 61 overseas markets, “Madame Web” added $25.7 million. The 2024 box office has gotten off to a sobering start for Hollywood, and the disappointing result for “Madame Web” won’t help.
Persons: Bob Marley, Sony’s, , Kingsley Ben, Marley, Elvis, Chris Aronson, Bob Marley’s, Aronson, , Reinaldo Marcus Green, Ziggy, Rita, Ziggy Marley, bode, Madame, Dakota Johnson, Paul Dergarabedian, Morbius ”, Morbius, Annie Awards, , Annie, Moviegoing, Comscore, “ Wonka, “ Lisa Frankenstein, Jake Coyle Organizations: — Paramount, ” Paramount, President’s, Paramount, Rotten, Sony, Academy, Hollywood Locations: Jamaica, New York,
A sleeper hit at the box office, the film is a "healthy sign" for the romantic comedy genre and other mid-budget Hollywood flicks, said Scott Meslow, author of "From Hollywood With Love: The Rise and Fall (and Rise Again) of the Romantic Comedy." In the seven weeks since, the romantic comedy has tallied $170 million globally, including $80 million from domestic theaters, according to data from Comscore. Between 2004 and 2010, Hollywood consistently released between 15 and 25 romantic comedy or romance films each year. Meslow said there was no rom-com "kill shot," a film or series of films that sparked the decline in theatrical releases of the genre. While some films will still be released only on streaming platforms, Hollywood has rediscovered the importance of theatrical as part of overall downstream revenue.
Persons: Christopher Nolan's, Scott Meslow, Glen Powell, Sydney Sweeney, Meslow, Will Gluck, Gluck, Natasha Bedingfield's, it's Organizations: DC Studios, Hollywood, CNBC, Netflix, Sony, Comcast Locations: Hollywood, NBCUniversal
“ Lisa Frankenstein ” didn’t come to life at the North American box office in its first weekend in theaters. Universal Pictures oversaw the North American release for the streamer, where it is playing in 3,605 locations. Focus Features released “Lisa Frankenstein” in 3,144 locations. A 1980s-set teenage riff on Mary Shelly’s classic tale, “Lisa Frankenstein” was the directorial debut of Robin Williams’ daughter Zelda Williams. “Lisa Frankenstein,” $3.8 million.
Persons: “ Lisa Frankenstein ”, Diablo Cody, Kathryn Newton, Cole Sprouse, ” Matthew Vaugn’s “ Argylle ”, it's, Lisa Frankenstein ”, Mary Shelly’s, Robin Williams ’, Zelda Williams, AP’s Mark Kennedy, Cody, Karyn Kusama, , “ Wonka, Liam Neeson, Paul Dergarabedian, there’s, Dergarabedian, Bob Marley, ” Dergarabedian, Comscore, , “ Lisa Frankenstein Organizations: American, Universal Pictures, Rotten, Super
“Argylle,” the $200-million star-studded spy thriller from Apple Studios, debuted with $18 million in ticket sales, according to studio estimates Sunday. The first two — Martin Scorsese's “Killers of the Flower Moon” and Ridley Scott's “Napoleon” — could be called successful. Paramount handled “Killers of the Flower Moon,” while Sony steered “Napoleon.”“Argylle," with “Kingsman” director Vaughn at the helm, was made with aspirations of starting a new franchise. On another quiet weekend in cinemas, the rest of ticket sales went mainly to holdovers and awards contenders. Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore.
Persons: Apple, , Matthew Vaughn, Oscar, Martin Scorsese's, Ridley Scott's “ Napoleon ” —, “ Napoleon, , Bryce Dallas Howard, Sam Rockwell, Henry Cavill, ” “, Kingsman, Vaughn, Taylor Swift, Swift, Jesus, Wonka, Jefferson's, Jeffrey Wright, Yorgos, Emma Stone, Comscore, “ Wonka, Jake Coyle Organizations: Apple Studios, Apple, Universal Pictures, Paramount, Sony, , Angel Studios, Warner Bros, MGM
Twenty years after its launch, social media giant Facebook continues to show unprecedented staying power after burying early competitors like MySpace and Friendster and establishing a distinct foothold in the burgeoning social media landscape. Daniel Acker/Bloomberg/Getty ImagesStrong social connection was the linchpin of Facebook, differentiating it from other primordial social media sites. MySpace’s monthly active users had trickled down to an estimated 35 million in mid-2011, according to a Comscore report at the time. In contrast, by September of that year, Facebook was seeing almost 800 million monthly active users. In April 2012, the company acquired photo-centric social media platform Instagram for about $1 billion.
Persons: Harvard University undergrad, Mark Zuckerberg, , , Pablo Boczkowski, alums, ” Zuckerberg, Daniel Acker, Justin Timberlake, Friendster’s, Friendster, Boczkowski, Meta’s, ” Boczkowski, WhatsApp, Meta Organizations: New, New York CNN, Harvard University, Facebook, Communication Studies, Northwestern University, Harvard, New York Times, Bloomberg, Getty, MySpace, Swiss Federal Institute of Technology, Google, Meta, Inc, , TikTok, Twitter Locations: New York, Zurich, India, Brazil, Argentina, Italy
Since it came out on Jan. 12, the $36 million film has tallied $83 million globally, according to data from Comscore. Low-budget films are typically those that cost under $20 million — films from the horror genre often fall in this category, as well as some independent features. The annual box office those years reached $11.9 billion and $11.4 billion, respectively. Domestic wide releases by year 2017 — 107 wide releases2018 — 112 wide releases2019 — 112 wide releases2020 — 32 wide releases2021 — 67 wide releases2022 — 71 wide releases2023 — 95 wide releases * Wide releases are any films that debut in more than 2,000 locations. Source: ComscoreIn 2023, 95 films had wide releases, 15% fewer titles than pre-pandemic times, and the box office barely surpassed $9 billion.
Persons: Bebe Wood, Renee Rapp, Avantika, Eric Handler, Roth, Paul Dergarabedian, Demeter, Organizations: Plastics, Paramount Paramount, Paramount, Wall Street, Street, Netflix, Disney, Universal, Warner Bros Locations: Comscore
It's no surprise that Warner Bros.' "Barbie" and Universal's "Oppenheimer" were among the 10 best-picture nominees announced Tuesday for this year's Academy Awards ceremony. The duo exploded into cinemas in July, generating big box-office bucks and enchanting critics and audiences alike. Helmed by academy darlings Greta Gerwig and Christopher Nolan, respectively, the dichotomous films have been on Oscar prediction lists for months. Although Gerwig missed out on a best director nomination, both filmmakers received nods for their screenplays. Best Picture nominees for the 2024 Academy Awards "American Fiction" (MGM/Amazon)"Anatomy of a Fall" (Neon)"Barbie" (Warner Bros.
Persons: Barbie, Oppenheimer, Hannah Beier, It's, Greta Gerwig, Christopher Nolan, Gerwig, Maestro, Read Organizations: Washington Post, Warner Bros, year's, Paramount, Searchlight, Academy of Motion Picture Arts and Sciences, Disney Locations: Somerdale , New Jersey
With a dearth of new releases in cinemas, Paramount Pictures' Tina Fey-scripted musical “Mean Girls” pushed its two-week total past $50 million, along with $16.2 million internationally. The top 10 films collectively accounted for just $51.3 million in box office, according to Comscore. The Jason Statham thriller “The Beekeeper,” from Amazon MGM Studios, remained in second place, grossing $8.5 million in its second weekend to bring its total to $31.1 million. Warner Bros. “Wonka,” six weeks into its smash run in theaters, was third, with $6.4 million in ticket sales. In its fourth week of release, the Blitz Bazawule-directed film starring Fantasia Barrino, Taraji P. Henson and Danielle Brooks, grossed just $720,000.
Persons: Oscar, Tina Fey, it's, Ariana DeBose, Jason Statham, “ Wonka, It's, Sydney Sweeney, Glen Powell, Bridget Jones's Baby, Ava DuVernay's “, Aunjanue Ellis, Taylor, Isabel Wilkerson, Yorgos, Emma Stone, Cord Jefferson's, , Jeffrey Wright, Jonathan Glazer’s, Oprah Winfrey, Steven Spielberg, Fantasia Barrino, Taraji P, Henson, Danielle Brooks, Comscore, “ I.S.S Organizations: Paramount Pictures, U.S, Bleecker, Audiences, Hollywood, Amazon MGM Studios, Warner Bros, Sony Pictures, Searchlight, Globe Locations: Russia
Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of "Mean Girls." Paramount's "Mean Girls," a musical film adaptation of the Broadway show and beloved 2004 film of the same name, opened to an estimated $28 million at the domestic box office, on its way to a $32 million take for the holiday weekend. "The success of Mean Girls this weekend is a case study in nostalgia successfully paired with a fresh and modern hook for today's female audience," said Shawn Robbins, chief analyst at BoxOffice.com. In fact, the biggest percentage of ticket sales were for those aged 26 to 35, who accounted for 34% of all opening weekend ticket sales. Mean Girls is truly an [intellectual property] that's evolved into a multi-threat pop culture standout."
Persons: Bebe Wood, Renee Rapp, Avantika, Glen Coco, Lindsay Lohan, Paul Dergarabedian, Tina Fey's, Shawn Robbins, Steve Buck, Gen, BoxOffice.com's Robbins Organizations: Plastics, Paramount, Warner Bros Locations: Hollywood
But Wall Street is worried that hero may never come for Hollywood. Yet, Wall Street still isn't satisfied. Warner Bros. Wall Street wants a solution, or, at the very least, a company to set the stage for a potential solution. watch nowConsider M&A difficultiesMergers and acquisitions present another path to a bigger bundle, but Wall Street isn't sure there will be a big deal in 2024.
Persons: Doug Creutz, Creutz, Michael Nathanson, MoffettNathanson, Rafael Henrique, Lightrocket, Nathanson, Shari Redstone, David Zaslav, Bob Bakish, Barbie Organizations: Getty, Hollywood, Disney, Warner Bros, Discovery, Comcast, Paramount Global, Netflix, Companies, Warner Bros . Discovery, Paramount, Cowen, Century Fox, Amusements, Comcast's, Universal
The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. CNBC has obtained an investor deck The Messenger was using as recently as late December to entice potential individuals or companies to infuse it with $20 million. The Messenger ended 2023 with a net loss of $43 million, according to the documents. Comscore latest numbers show that we generated 88 million page views in November, and Google Analytics shows that we generated 100 million page views in December. Our traffic is growing at 30% a month, already putting us ahead of many major news publications," the company spokesperson said in a statement to CNBC.
Persons: Jimmy Finkelstein Organizations: CNBC, The New York Times, Google Analytics
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