More than a month into the summer movie season, one thing has become clear: Many of Hollywood’s sequels, reboots and reimaginings are falling flat.
Some films have missed analysts’ forecasts by tens of millions of dollars. They include last weekend’s new releases — Walt Disney Co.’s Dark Phoenix and Universal Pictures’ The Secret Life of Pets 2. Though Paramount Pictures’ Rocketman topped studio forecasts, the Elton John biopic came in below outside estimates. Warner Bros.’ Godzilla sequel also missed industry projections.
So far, the shortfall hasn’t claimed any of the summer’s biggest tentpole films. And Eric Wold, an analyst at B. Riley FBR, still expects higher ticket sales through the balance of the year to deliver a record 2019. But the results also show that fans are getting pickier about the glut of sequels that Hollywood studios have force-fed movie moviegoers for years.
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https://www.bnnbloomberg.ca/hollywood-s-sequel-factory-churns-out-worrisome-duds-this-summer-1.1271994