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Summer Movie Season

All articles tagged with #summer movie season

entertainment2 years ago

Stalled Negotiations: Actors' Strike Continues as Studios Await Response

The actors' union, Screen Actors Guild-American Federation of Television and Radio Artists, has reported no progress in their efforts to end the ongoing strike, which has now reached 113 days, the longest in history. The union is awaiting a response from the studios on their comprehensive counter-proposal, which includes limitations on the use of artificial intelligence to recreate actors' likenesses and performances. The studios have warned that unless a deal is reached this week, it will be impossible to salvage half a season of scripted television and the 2024 summer movie season is increasingly in peril. Other demands from the union include general wage increases, improved compensation for streaming programs, and better health and retirement benefits.

entertainment2 years ago

China's Summer Box Office Breaks Records, Hollywood's Impact Minimal

China's summer box office has set a new record, generating 17.8 billion yuan ($2.44 billion) in revenue, with domestic films outperforming Hollywood hits like "Barbie". Four films have surpassed the 2 billion yuan mark, including "Lost in the Stars" and "No More Bets". Despite a sluggish recovery in consumer spending, this year's summer film revenue has exceeded the previous record set in 2019. However, Hollywood films like "Barbie" and "Mission: Impossible–Dead Reckoning Part One" did not perform as well, with lower box office earnings.

entertainment2 years ago

'Indiana Jones 5' Fails to Live Up to Expectations

Disney's "Indiana Jones and the Dial of Destiny" may end up losing more money than Warner Bros. Discovery's "The Flash" as it struggles to recoup its reported $450 million investment. The fifth installment in the Indiana Jones franchise opened to $130 million worldwide, falling short of expectations. The film's underperformance, along with other summer releases, has contributed to a shortfall in the summer box office compared to last year. Disney's dominance in the theatrical market has been a key factor in the bullish summer predictions, but the studio now needs to find new brands or create original titles to sustain its success.