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Box Office Expected To Be Down In 2014
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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...

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29 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.

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Source: Forbes Business

 
Update
10

7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakya ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broke ...
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Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Ministe ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern states ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

8 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 milli ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

8 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

8 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of RM20 m ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

8 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan B ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

8 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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