Jul 15, 2014
James Hirsen reports that in terms of box-office performance,
summer 2014 is not exactly turning out to be the blockbuster season
Hollywood had been hoping for.
The Fourth of July holiday weekend, which is typically a key
revenue generating time period for Hollywood, has turned out to be
an unmitigated disaster.
Newly released movies actually brought in 44 percent fewer dollars
than they did in last year’s matching time slot, handing the
entertainment industry one of the worst Independence Day weekends
it has ever experienced.