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CNN —The summer movie season typically starts with a bang during the month of May and, particularly, during Memorial Day weekend. Memorial Day weekend (Friday through Monday) movie ticket sales are estimated at $128.3 million, according to Comscore data provided to CNN. In fact, the US box office is on track to have its lowest-grossing Memorial Day weekend since the $117.1 million seen in 1995, when “Casper” haunted the screens — and that’s not even adjusting for inflation. The tepid Memorial Day weekend continues what’s been a lukewarm start to the summer box office, a movie-going season that’s still reeling from the effects of last year’s Hollywood strikes. Industry experts agree that the 2024 box office has been sluggish so far , but remain hopeful that the box office can rebound by the end of the year and beyond.
Persons: it’s, , “ Casper ”, that’s, ” Paul Degarabedian, Comscore, , Max, what’s, ” Dergarabedian, “ Barbie ”, “ Oppenheimer ”, Shawn Robbins, there’s, Degarabarian, Deadpool, ” “ Oppenheimer, Barbie ”, Dory, bloomer, Daniel Loria, ” Loria, ” Disney, Loria, “ Deadpool, Fandango, Robbins, “ That’s, , ” Robbins Organizations: CNN, Guild, SAG, Labor, , Warner Bros, Warner Bros ., Star, Walt Disney Studios, Disney, Box, showtime, Century Entertainment, Writers Guild of America, Pixar, Marvel, Industry Locations: United States,
New York CNN —The summer box office is off to a lukewarm start. Last summer, blockbusters “Barbie” and “Oppenheimer” combined added nearly a billion dollars to the domestic box office, according to Comscore data. “Barring some major overperformances, this summer looks like it’ll be down 20% to 25% in box office grosses between May and August from last year,” said analyst Shawn Robbins, founder and owner of Box Office Theory. Industry experts agree that the 2024 box office has been sluggish so far , but remain hopeful that the box office can rebound by the end of the year and beyond. “Box office earnings have been down largely because of staggered gaps between widely appealing releases in the first half of the year,” said Robbins.
Persons: “ Barbie ”, “ Oppenheimer ”, , Max, ” Paul Dergarabedian, , Shawn Robbins, ” “ Oppenheimer, Barbie ”, Dory, bloomer, Daniel Loria, ” Loria, ” Disney, Loria, “ Deadpool, Fandango, Deadpool, Robbins, “ That’s, , ” Robbins Organizations: New, New York CNN, Guild, SAG, CNN, Labor, , Warner Bros, Warner Bros ., Star, Walt Disney Studios, Disney, Box, showtime, Century Entertainment, Writers Guild of America, Pixar, Marvel, Industry Locations: New York, United States,
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