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Hollywood’s Theatrical Business At Risk Of Entering “Negative Feedback Loop”, Wall Street Analyst Warns
Hollywood may be entering a "negative feedback loop" with fewer movie releases and theater closures squeezing revenue, a Wall Street analyst says.
Hollywood is at risk of entering a “negative feedback loop” with fewer wide movie releases and a shrinking theater footprint combining to squeeze box office revenue, a veteran media analyst says. “We have said for several years now that the outlook for a sustained recovery looks questionable, and that we don’t think the existing global theatrical footprint can be supported solely by a handful of blockbusters,” Creutz wrote in the 20-page report. With major studio parent companies able to seek profits on movies from a range of non-theatrical sources, there has been a “mix shift” at the domestic box office, as Creutz sees it.
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