There aren’t many big tentpoles movies in 2024, and even The Gamer says Hollywood is pretty much screwed. When Madame Web is considered a major release, you know you done f*cked up royally. Then we talk about Paramount laying off close to 1,000 workers and another big Netflix exec jumping ship.
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Additional Context:
The outlook for the 2024 box office is looking grim, with projections indicating a significant drop in grosses compared to 2023. Analysts from Gower Street estimate that global grosses for 2024 will reach $31.5 billion, a 5% decrease from the $33.4 billion in 2023. This downturn is largely attributed to a decrease in wide releases due to strikes, leading to fewer blockbuster films being released in the first half of the year. For example, Disney has delayed the release of major films like Pixar’s “Elio” and Marvel’s “Deadpool 3,” leaving “Kingdom of the Planet of the Apes” as its first major tentpole on Memorial Day weekend. This situation is forcing theaters to navigate the beginning of the year without any blockbuster releases, increasing the pressure on upcoming films like “Dune: Part Two” to perform well.
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