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☆ 'Barbenheimer' opening weekend could top $200 million, a jolt for Hollywood's soft box office
  + stars: | 2023-07-19 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +3 min
This weekend at the box office is all about atomic bombs and blonde bombshells. Typically when two big movies from two different studios hit theaters at the same time, it's a competition for ticket sales. Heading into the weekend, "Barbie" is expected to capture at least $90 million in domestic ticket sales, with some box office analysts projecting the film could tally upwards of $140 million. Major movie chains have indicated that ticket sales are strong for both films this weekend and additional shows have been added to accommodate demand. "Going into this weekend anticipation has been very high for both 'Barbie' and 'Oppenheimer,'" said Jeffrey Kaufman, chief content officer at Malco Theatres.
Persons: That's, Oppenheimer, Erik Davis, It's, Barbie, Jeffrey Kaufman, Greta Gerwig, Bird, Hollywood's, Audiences, Stanley Kubrick's, Margot Robbie, Ken, Ryan Gosling Organizations: Warner Bros, Mattel, AMC Theatre, National Association of Theatre, Malco, Academy Locations: Barbie
☆ Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases
  + stars: | 2022-11-23 | by ( Annie Palmer Sarah Whitten | Annie Palmer | Sarah Whitten | ) www.cnbc.com   time to read: +3 min
Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases. The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number of films will be produced in 2023 as Amazon builds up its output, the report said. Amazon has deepened its investments in original content over the years through its Prime Video streaming unit, as well as its movie and television studios. Earlier this year, the e-retailer bolstered its media ambitions when it acquired legendary movie maker MGM Studios for $8.45 billion.
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