Analyst: Movies and Entertainment Outlook a Mixed Bag

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

cinema

The following is an excerpt from a report compiled by Michael Pachter of Wedbush Securities.

Movie rental industry

Key Redbox releases this year (with domestic box office total from BoxOfficeMojo.com):

  • March 4: Dallas Buyers Club ($27 million), Baggage Claim ($22 million), About Time ($15 million), Oldboy ($2 million)
  • March 11: The Hunger Games: Catching Fire ($424 million), The Best Man Holiday ($71 million), The Counselor ($17 million)

Key Redbox releases last year (with domestic box office total from BoxOfficeMojo.com):

  • March 5: The Twilight Saga: Breaking Dawn Part Two ($292 million), Wreck-It Ralph ($189 million), Playing for Keeps ($13 million)
  • March 12: Skyfall ($304 million), Rise of the Guardians ($103 million), The Man with The Iron Fists ($16 million), Cirque du Soleil ($13 million)

Over the next two weeks, there are five rental releases that grossed more than $50 million in domestic box office, compared to three last year. DVD rentals for the upcoming two-week period should outperform the same period last year.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business