Close Menu
Entertainment Industry Reporter
    Facebook X (Twitter) Instagram
    Entertainment Industry Reporter
    • Home
    • Film
    • Television
    • Box Office
    • Reality TV
    • Music
    • Horror
    • Politics
    • Books
    • Technology
    • Popular Music Videos
    • Cover Story
    • Contact
      • About
      • Amazon Disclaimer
      • DMCA / Copyright Disclaimer
      • Privacy Policy
      • Terms and Conditions
    Entertainment Industry Reporter
    You are at:Home»Box Office»$4B Goal; Is Fewer Studio Pics A Plan For Success?
    Box Office

    $4B Goal; Is Fewer Studio Pics A Plan For Success?

    By AdminMay 8, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    B Goal; Is Fewer Studio Pics A Plan For Success?


    Already following the successful opening of 20th Century Studios/Disney’s The Devil Wears Prada 2, there’s an excitement in the air that this summer finally could deliver another $4 billion-plus season post-Covid.

    Thanks to Prada 2‘s $76.7 million opening and Lionsgate’s Michael holding over with a second weekend of $54.4M, this is the second-best start of summer since Covid, with all films totaling $173.1M, per ComScore. The best summer kickoff post-Covid remains 2022, when Doctor Strange in the Multiverse of Madness led all titles with $222.3M.

    Another excellent sign: Summer begins with the 2026 domestic box office already 14% ahead of the same January 1-May 3 frame a year ago.

    “This is shaping up to be one of the best summer movie seasons of all time and certainly since the pandemic, with a shot at rivaling the performance of the epic ‘Barbenheimer’-powered summer of 2023 where the domestic tally hopped over the $4 billion mark, which was the pre-pandemic benchmark for the season,” said Paul Dergarabedian, Head of Marketplace Trends at Comscore.

    But there’s something bittersweet about the season, and this comes at a time when Paramount 3.0 wants to keep 30 films in the marketplace after its acquisition of Warner Bros.

    “Fewer movies are now doing more of the heavy lifting due to a new ecosystem since the streaming disruption,” said Kevin Goetz, founder and CEO of Screen Engine.

    RELATED: The All-Time Longest Films: A Photo Gallery of The Top 50

    While this summer, per the Comscore schedule, boasts 57 wide releases (titles opening north of 1,000 theaters in their first weekend), more than last year’s 44 and 2019’s 45, it’s not all yippie skippy. Keep in mind that those 57 titles include a slew of indies from distributors that open their movies in the high hundreds of thousands to low millions off thrifty marketing budgets and easy marketplace access due to low digital print fees. Yes, that’s fresh product for exhibition but not necessarily pre-Covid cash.

    If you want to talk turkey, of those 57 movies, only 34 are from either major motion picture studios including Amazon MGM or distinguished labels such as A24 and Neon that have a history of delivering an extra shot to summer. In other words, those 34 films will have some kind of multimillion-dollar marketing budget behind them.

    In total, there’s not a lot of counterprogramming going on by the studios, particularly when it comes to putting one potential sleeper against and an event title. This coming weekend is one of the few this summer that has plenty of studio counterprogramming before August. And guess what? It’s going to be a rich weekend — so take note, Hollywood.

    RELATED: 25 Music Biopics About Whitney, Elvis, Tina, Elton, Queen & More, Plus Where To Stream Them

    New Line’s Mortal Kombat 2 is expected to open to $50M, with The Devil Wears Prada 2 looking to hold quite strong, -45%, in the low $40Ms, possibly even giving the Midway Games adaptation a run for its money. Michael will continue to be platinum in weekend 3 with around $30M, followed by Amazon MGM Studios’ Sheep Detective north of $12M and Paramount’s Billie Eilish concert movie between $6M-$9M. It’s summer weekends like this that the industry needs more of.

    Another weekend geared at different demos is June 5, with Amazon MGM Studios’ Masters of the Universe eyeing men and families and Paramount/Miramax’s Scary Movie diverse audiences. One box office data company sees Scary Movie, since its arrival on tracking, pacing with Scream 7 at this early point in time. Scream 7 ultimately posted a franchise-record start of $63.6M. There are lower projections for Scary Movie; Paramount’s Naked Gun opening to $16.8M last summer, which is a high post Covid for a pure comedy feature (non-action, non Marvel title).

    One weekend that’s completely lacking in depth from the major motion picture studios is Memorial Day, which won’t break last year’s all-time record of $329.8M that was propped up by Disney’s holiday record opener Lilo & Stitch ($182.6M) and Paramount’s Mission: Impossible – The Final Reckoning ($79M). This year, Lucasfilm/Disney’s Star Wars: The Mandalorian and Grogu stands alone (coincidentally, no majors dated against Solo: A Star Wars Story when it opened over Memorial Day 2018 to $103M over four days). Mandalorian and Grogu arrived on tracking with one of the lowest forecasts for a 21st century Star Wars live-action movie at $80M, and it will be lucky to get there, per sources. The movie is apt to be challenged by being the first Disney+ title to hit the screen: Will subscribers wait to see it at home?

    RELATED: All The Best Picture Oscar Winners – Photo Gallery

    Some sources say that we’re still in a post-strike purgatory. It takes two to three years to build a tentpole, and the pipeline was disrupted three years ago, which means we’re feeling that stinging effect now. A positive point of view is that with successes such as Project Hail Mary, The Super Mario Galaxy Movie and Michael, clearly the town knows theatrical can work. It’s just a matter of time before we’re back to some normalcy. By the way, the studios haven’t quite filled out summer 2027 yet, with only 25 wide entries currently on the schedule.

    “Young people are not going to the movies as frequently as they did a generation ago,” Goetz said, “and the older generations are also attending less frequently, which has created a downward pressure to what was an $11 billion business a decade ago to now a $9 billion business, give or take.

    “Studios are releasing fewer films, but audiences can sense when something feels big and high quality and naturally gravitate toward those titles,” he added, noting how moviegoers have come to own opening weekends, i.e., A Minecraft Movie, Michael, Barbie and Oppenheimer.

    RELATED: All The Best Actress Oscar Winners – Photo Gallery

    For the most part this summer it’s one major-studio event film per weekend, in what’s a do-or-die moment for such titles. Realize that not everything on the calendar is built for an uber-wide audience a la Disney/Pixar’s Toy Story 5 on June 19, which is jockeying to be the summer’s top-grossing movie against Sony/Marvel Studios’ Spider-Man: Brand New Day on July 31.

    Christopher Nolan’s The Odyssey also will be one of the summer’s top-grossing titles, with the pic’s sellout of Imax 70MM locations a year in advance a big indicator of want-to-see. With the Matt Damon-led movie opening July 17 and Spider-Man: Brand New Day two weeks later, a vacuum was created on the weekend of July 24 with zero major studio movies booked. The only wide entry that weekend is IFC’s dialogue-less crime noir Motor City. Odyssey has Imax for three weeks, which means Brand New Day opens sans Imax.

    RELATED: All The Best Actor Oscar Winners – Photo Gallery

    When it comes to June releases, they need more stickiness and a true expansion beyond the core demos upon which they were greenlighted. It also can be argued that the campaigns for these movies aren’t in full swing yet. We’re talking about Gen-X IP Masters of the Universe, Universal’s Disclosure Day from Steven Spielberg (June 12), and Warner Bros/DC Studios’ Supergirl (June 26).

    While given the best shot in the arms for their re-inventions — Masters of the Universe stars hot Red, White & Royal Blue leading man Nichoas Galitzine and is directed by Travis Knight, who expanded Transformers demos to female audiences with Bumblebee, as well as Supergirl being in the hands of I, Tonya and Cruella filmmaker Craig Gillespie — duly note that both are older IPs that didn’t work onscreen in their previous iterations in the 1980s. The hope is that we don’t see a repeat of Tron: Ares or The Running Man here. Spielberg, one of the fathers of the modern blockbuster, has yet to open a movie north of $80M at the domestic B.O. for a title he directed. His record opening at the domestic B.O. remains 1997’s The Lost World: Jurassic Park ($72.1M 3-day)

    “The biggest takeaway is that there is an audience for every single one of these films, but they have to be made aware of them,” Greenlight Analytics CEO Bill Skelly said. “The methods for attracting customers have evolved, yet the film industry is failing to modernize its playbook. People’s summer schedules fill up quickly, making it increasingly difficult to break through the noise; waiting until the final weeks before a release to start pushing is simply too late. The industry excels at marketing, it is just not very good at advertising. The interest is there, but studios must learn how to actually convert it. Ultimately, unless you learn to translate interest into box office revenue, you’re either Spider-Man or you’re banking on being someone’s rainy-day backup plan.”

    RELATED: All The Best Director Oscar Winners – Photo Gallery

    A film by Kane Parsons, starring Chiwetel Ejiofor, Renate Reinsve, Mark Duplass, Finn Bennett, and Lukita Maxwell. BACKROOMS – In Theaters May 29

    Chiwetel Ejiofor in ‘Backrooms’

    A24

    Now there could be some surprises this summer in the Longlegs sense of the word. Many are carefully watching A24’s horror movie Backrooms, from director Kane Parsons (aka Kane Pixels). Backrooms is an internet-based urban legend, describing an endless maze of empty, yellow-wallpapered office rooms, damp carpets and buzzing fluorescent lights. There’s hope that there might be some Iron Lung fever with this project starring Chiwetel Ejiofor and Renate Reinsve given its rabid social media origins. Backrooms was created in 2019 on 4chan, spread on Reddit and fan wikis, and inspired games on Roblox and Minecraft. The lore built slowly in 2022 when Parsons, then a 16-year-old, transformed the tale into a cinematic universe. Using Blender, Unreal Engine and found footage, he created a YouTube series with his viral short The Backrooms: Found Footage, which has garnered more than 190 million views and redefined digital-era horror storytelling.

    RELATED: Horror Movies’ Next Wave: What’s Coming In 2026, From Auteur Nightmares To Indie Breakouts

    Long-lead tracking also is showing promise for Evil Dead Burn on July 10. Although the sequel to Evil Dead Rise moved its release date from July 24, there’s heat on this title with minimal marketing that it could emulate its 2024 predecessor ($24.5M U.S./Canada opening).

    “These days, you must make a movie the absolute best that it can be which is why we are testing more and more,” Goetz said. “Whether movies are in a theater or are on a streamer, quality has become even greater table stakes.”

    RELATED: All The Best Animated Feature Oscar Winners – Photo Gallery  

    RELATED: Movies That Should Have Won The Best Picture Oscar – Photo Gallery

    RELATED: All 21 EGOT Winners From Rita Moreno to Whoopi Goldberg – Photo Gallery



    Original Source Link

    Share. Facebook Twitter LinkedIn Email Telegram WhatsApp

    Related Posts

    ‘The Weight’, ‘The History Of Concrete’

    ‘Resident Evil Posts Record Franchise Previews Of $8M-$9M

    Brand New Day’ Top-Grossing Movie Ever In U.S.

    ‘Spider-Man: Brand New Day’ Beats ‘Force Awakens’: Sony Boss Celebrates

    ‘Resident Evil’ Headed to Franchise Best Start $80M WW

    Broadway’s ‘Chicago’ Sells Big With Ex-Cowboys Cheerleader Reece Weaver

    Popular Posts

    Are Daisy Kelliher and Keith Allen Still Dating

    90 Day: The Last Resort Season 2 Winners and Losers

    Five Nights at Freddy’s – nonsensical robo-slasher trash

    Sydney Sweeney Part of ‘Hottest Crew’ in Stagecoach Photos

    California’s age verification bill for app stores and operating systems takes another step forward

    Fanatic Feed: South Park Sets AI Special, Golden Bachelor Delivers Healthy Ratings, and More

    Songs to Listen Before Its Theatrical Release

    Categories
    • Books (2,355)
    • Box Office (1,731)
    • Cover Story (47)
    • Events (34)
    • Featured (50)
    • Film (2,375)
    • Horror (2,359)
    • Lifestyle (11)
    • Music (2,447)
    • Music & Film Reviews (1)
    • Politics (1,506)
    • Popular Music Videos (1,788)
    • Reality TV (1,815)
    • Technology (2,366)
    • Television (2,145)
    • Uncategorized (1)
    Archives
    Useful Links
    • About
    • Contact
    • Privacy Policy
    • DMCA / Copyright Disclaimer
    • Amazon Disclaimer
    • Terms and Conditions
    Categories
    • Books (2,355)
    • Box Office (1,731)
    • Cover Story (47)
    • Events (34)
    • Featured (50)
    • Film (2,375)
    • Horror (2,359)
    • Lifestyle (11)
    • Music (2,447)
    • Music & Film Reviews (1)
    • Politics (1,506)
    • Popular Music Videos (1,788)
    • Reality TV (1,815)
    • Technology (2,366)
    • Television (2,145)
    • Uncategorized (1)
    Popular Posts

    The team digs into ‘Aladdin’s Cave’ and teases a breakthrough

    Dumb Money review – mildly entertaining economics 101

    Judge dismisses Kash Patel’s defamation lawsuit over claim he frequented ‘nightclubs’

    Glen Powell to Lead New Hulu Series Chad Powers, Based on Eli Manning Skit

    © 2026 Entertainment Industry Reporter. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms & Conditions and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT