360° Coverage : Box Office Expected To Be Down In 2014

2 Updates
Box Office Expected To Be Down In 2014
Photo Credit: Forbes Business

Box Office Expected To Be Down In 2014

Jan 6 2014, 7:14pm CST | by

With 2013 in the rear view mirror, it’s fair to say it was a great year for movies. Not only were there a plethora of really great films (12 Years a Slave, Gravity, American Hustle) but the domestic...

Filed under: news

 
 
 

33 weeks ago

Box Office Expected To Be Down In 2014

Jan 6 2014, 7:14pm CST | by

With 2013 in the rear view mirror, it’s fair to say it was a great year for movies. Not only were there a plethora of really great films (12 Years a Slave, Gravity, American Hustle) but the domestic box office was the biggest yet. We spent almost $11 million at the theater last year, according to Box Office Mojo.

That was a slight uptick from 2012 but it looks like the box office won’t continue to grow in 2014. Media analyst Benjamin Mogil at investment firm Stifel predicts the box office will be down around 4% this year due to fewer blockbusters scheduled to hit theaters.

The biggest movies this year are likely to be sequels like The Amazing Spider-Man 2, Captain America: The Winter Soldier and the next Hunger Games and Hobbit films. But the lighter schedule could benefit some less obvious films. Fewer films on the schedule means each movie has a chance to keep earning for more weeks.

Lions Gates’ Divergent could turn out to be a big winner in 2014. Studios have struggled to find a young adult franchise that can succeed on the level of Twilight and Hunger Games. Beautiful Creatures, Mortal Instruments and Ender’s Game  all failed to make the cut.

Many believe Divergent has a better chance. The film, which hits theaters in March, is already seeing a lot of buzz on social media. If the film is a hit, Lions Gate will have another profitable franchise on its hands. The studio is also behind Hunger Games.

The schedule could also benefit DreamWorks Animation. The studio had two movies in 2013, Turbo and The Croods, but has three films this year: Mr. Peabody and Sherman, How to Train Your Dragon 2 and Home. Mogil says the movies will have five-, five- and nine-week windows, respectively, which should give each film plenty of time to rake in big bucks at the box office.

If there is a small lull in the box office this year, it should turn around in 2015. Huge movies like Fast & Furious 7, the next Star Wars film and the second Avengers movie are already slated for that year, which could make it harder for small films to shine.

Follow me on Twitter at DorothyatForbes.

Source: Forbes Business

 
Update
2

2 days ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,00 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

3 days ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Man with 'disconnected' brain, alive and kicking at 88!
New York, Sep 1 (IANS) This may sound and read unbelievable but there is an elderly man whose brain has no neural fibre connection between his two hemispheres!
 
 
Ebola toll in Guinea 460
Conakry, Sep 1 (IANS) At least 690 Ebola virus disease cases have been confirmed in Guinea, out of which 460 people have died, the latest data released by the health ministry here shows.
 
 
Caffeinated 'energy' drinks bad for heart
London, Sep 1 (IANS) "Energy" drinks which are so popular during physical exercise and even otherwise among children and younger adults can cause heart problems, a research shows.
 
 
Nepal too to restructure national plan panel
Kathmandu, Sep 1 (IANS) After the new Indian government decided to scrap the Planning Commission, the Nepal government also has decided to restructure, revamp and modernise its National Planning Commission (NPC), which is styled on the Indian planning panel.
 
 
 

Latest from the Network

Man with 'disconnected' brain, alive and kicking at 88!
New York, Sep 1 (IANS) This may sound and read unbelievable but there is an elderly man whose brain has no neural fibre connection between his two hemispheres! For a layman, human brain is divided into two hemispheres...
Read more on Apple Balla
 
Ebola toll in Guinea 460
Conakry, Sep 1 (IANS) At least 690 Ebola virus disease cases have been confirmed in Guinea, out of which 460 people have died, the latest data released by the health ministry here shows. A total of 143 patients were...
Read more on Business Balla
 
Southern African Development Community discusses Lesotho coup attempt
Pretoria, Sep 1 (IANS) The Southern African Development Community (SADC) Monday continued its meeting here on the attempted coup by Lesotho's military. Present at the meeting were SADC Chairman and South African...
Read more on Politics Balla
 
Iraqi forces recapture key town
Baghdad, Sep 1 (IANS) Iraqi security forces Monday recaptured the town of Sulaiman Beg in Salahudin province after more than two months of being under siege by the Islamic State (IS) Sunni extremist organisation, an...
Read more on Politics Balla
 
Caffeinated 'energy' drinks bad for heart
London, Sep 1 (IANS) "Energy" drinks which are so popular during physical exercise and even otherwise among children and younger adults can cause heart problems, a research shows. "People sometimes consume a number of...
Read more on Celebrity Balla
 
Nepal too to restructure national plan panel
Kathmandu, Sep 1 (IANS) After the new Indian government decided to scrap the Planning Commission, the Nepal government also has decided to restructure, revamp and modernise its National Planning Commission (NPC), which...
Read more on Business Balla
 
Women at greater stroke risk from resistant hyper-tension
London, Sep 1 (IANS) The condition known as Resistant Hyper-tension increases stroke risk by 35 percent in women and 20 percent in elderly patients, according to new research. "Patients with hyper-tension that does...
Read more on Apple Balla
 
Indian-origin inventor of 'email' slams critics
Washington, Sep 1 (IANS) V.A. Shiva Ayyadurai, an Indian-origin scientist who received official recognition as the inventor of the computer program for electronic mail system or "email" from the US government 32 years...
Read more on Politics Balla
 
Miley Cyrus still loves Liam Hemsworth
Los Angeles, Sep 1 (IANS) Singer Miley Cyrus says she still has strong feelings for her ex-fiance Liam Hemsworth, with whom she parted ways last year. The 21-year-old split from the actor in September 2013 following...
Read more on Celebrity Balla
 
No interference by Russian military in Ukraine crisis: Minister
Moscow, Sep 1 (IANS) Russian Foreign Minister Sergei Lavrov Monday said Moscow will not send out military troops to...
Read more on Politics Balla