Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but “Barbie” and “Oppenheimer” fueled the industry’s $4 billion haul.
"Indiana Jones and the Dial of Destiny" all fell flat at the domestic box office. Each generated less than $200 million in the U.S. and Canada.
The summer season also showed a growing desire from audiences for tickets to premium format showings, said Shawn Robbins, chief analyst at BoxOffice.com. He said the industry can learn a lot from the performances of titles like"Barbie," particularly the appeal of grassroots communal experiences in cinemas.
Over the longer term, it would become an increasing worry for next year as productions remain halted, Robbins added.
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