Challenges Facing Hollywood in Summer 2024
Hollywood is facing a lackluster summer with no clear blockbuster in sight after the underperformance of Universal's 'The Fall Guy.' The film industry is still reeling from the effects of the pandemic and labor issues, with expectations of a 25% drop in domestic summer ticket sales. Streaming services continue to pose a challenge to traditional movie theaters.
Key Points
- Underperformance of Universal's 'The Fall Guy'
- Expectations of a 25% drop in domestic summer ticket sales
- Continued challenges from streaming services