Summer Box Office Flop in 2024

The Hollywood Reporter discusses the historic flop of the summer box office in 2024, citing the absence of any movie hitting $100 million in its domestic launch during the first six months of the year.

Changes in Netflix's Film Strategy

Netflix's new film chief, Dan Lin, plans to shift away from producing lousy, super-expensive blockbusters and 'auteur' movies. The streaming giant aims to focus on developing their own material rather than relying on projects from external producers and agents.

Box Office Results for A24's Civil War, Godzilla x Kong: The New Empire, and Ghostbusters: Frozen Empire

A24's Civil War opens to a strong start with $23M-$25M, surpassing Hereditary's opening. The film is generating mixed reviews and anticipation on social media. Godzilla x Kong: The New Empire and Ghostbusters: Frozen Empire also continue to perform well at the box office.

Hollywood's 2024 Global Box Office Projection

Hollywood's 2024 global box office projection is down almost 20% compared to the previous year, with the quality of movies being cited as a major reason. Despite an increase in population and ticket prices, the industry is facing challenges. The article also criticizes Hollywood for what it perceives as a decline in movie quality and a focus on woke culture over entertainment.

Daniel Day-Lewis's retirement and the state of the movie industry

Oscar-winner Daniel Day-Lewis is staying in retirement due to the lack of quality streaming choices. Director Jim Sheridan expressed that Day-Lewis is done with acting, despite Sheridan's desire to work with him again. The current state of the movie industry, including lack of challenging and intelligent movies, is also cited as a reason for Day-Lewis's retirement.