This chapter delves into the challenges facing movie studios in attracting audiences to theaters, exploring the impact of streaming services, social media, rising costs, and changing consumer behaviors. It discusses the shift towards lower budget adult dramas and the need for diverse content in cinema. The conversation also touches on the dynamics between movie theaters and studios, the significance of streaming services for revenue generation, and the impact of China's withdrawal on Hollywood studios.
In 2018, the U.S. box office grossed almost $12 billion. This year, it’s expected to bring in closer to $8 billion. What’s eating the silver screen?
Catie Peiper, the Fool’s resident entertainment expert, joins Ricky Mulvey for a look at the state of the movie industry. They discuss:
- The relationship between streamers, studios, and theaters.
- How losing China as a distributor changes the dynamics of business – and creativity.
- Where moviemaking goes from here.
Companies discussed: DIS
Host: Ricky Mulvey
Guest: Catie Peiper
Producers: Mary Long
Engineers: Tim Sparks, Chace Przylepa
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