2024 movie industry faces a challenging year with production halts due to 2023 actor and writer strikes, leading to a 5% revenue drop to $8.5B.
2024's movie industry faces a challenging year due to strikes by actors and writers in 2023, leading to production halts and a slimmer April release schedule. While summer box office may rebound with "Inside Out 2" and "Deadpool 3," Christmas offerings appear sparse. Domestic box office revenues are projected to fall by 5% to $8.5B, 9.8% behind 2023. Studios remain optimistic for 2025 as strike-delayed films are set for release.
March 11, 2024
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