Hollywood's Box Office Forecast and Strike Fallout: What You Need to Know
Movie theater industry analyst Eric Wold has revised his box office forecasts due to release date delays caused by the Hollywood writers and actors strikes. Wold lowered his 2024 domestic box office projection from $9.6 billion to $8.6 billion and his 2025 estimate from $10.29 billion to $9.92 billion. He attributed the decline to the number of films that have been moved by studios in recent weeks. However, Wold remains positive on the outlook for the industry, emphasizing that moviegoing demand remains strong in the post-pandemic era.