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The movie biz’s Q3 Event movie problem

WKUP: Chris Evans + Blunt for NETFLIX pharma pic / Chernin launches $500+ Mil production outfit / ABC sets BEAUTY & THE BEAST 30 yr anniv event

Mornin! This is Sean McNulty and here’s the Hollywood + Media news to know on WEDNESDAY July 6, 2022.

Where you’ll have to excuse me if I keep this short today – I’m late for Chapek’s jet to the ALLEN & CO. Mogul summer camp retreat… and you know he’s definitely not waiting for me.

Or wait was it Bakish that said he’d give me a lift? This Bob thing is becoming problematic. In my defense, they really have to stop just saying “Hey it’s Bob” when they call.

looks like i’m going with Wiggum. via Giphy

PLUS: Well apparently ya’ll took a 4 day weekend as it was a relatively calm day out there yesterday. So – taking the moment to look ahead 👀.

While the the Box Office couldn’t be hotter right now going into “Thor” this Friday Thursday… the ongoing movie theater business narrative is on the cusp of a change. again.


📽 THE SILVER SCREEN

via Giphy

The Great 3rd Quarter Event Movie drought

The Box Office is back: The Olds are back… Gen Y is back (they’ve been back for a while)… Families are back (they never really left).

Everyone that the experts & media critics said were lost to the movie theater business forever… has returned. And then some.

Make big (good) movies people really want to see, make them theatrical-only, and lo and behold… Who knew?

And MARVEL’s “Thor” looks to keep the party going this weekend – clearly take the tracking as you will… but it’s at $140 Million to $160 Million in the US.

BUT: The Box Office is about to be challenged in 2 phases in Q3:

Don’t stop here

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