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After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
Following are moves you might have missed. Find out why shares of Sprint popped while Kraft and asset managers dropped.
Stocks closed the day with an aggressive selloff as fears over Europe and concerns about banking trumped good news out of the housing market.
The film brought in $71 million, dominating the U.S. box office as the fourth highest animated movie opening ever. But this fell short of projections, and the number of tickets sold was down 59 percent from the prior Shrek's debut weekend.
Today DreamWorks' Animation's "Shrek Forever After" will open in over 4,300 theaters — more than half of them in 3-D. This, the fourth and last movie in the franchise, will be the green ogre's first venture into 3-D, and it should be a quite profitable one.
After a long string of disappointing earnings results from the studio drew harsh criticism from CEO Bob Iger, it seems the business is back on track. "Alice in Wonderland" was the second-biggest movie Disney spacer has ever released, with the seventh-biggest global box office of any film.
The next three months are without a doubt Hollywood's most important season, generating an average 42 percent of annual box office. And this summer promises to generate the biggest U.S. box office on record — we could see over $4 billion dollars in tickets sold.
What follows is a roundup of corporate earnings reports for Tuesday, April 27.
In a major upset, the new kiddie superhero action comedy "Kick-Ass" failed to take the top spot at the North American box office, narrowly losing the race to "How to Train Your Dragon," according to studio estimates.
The Lightning Round is extended in this CNBC.com exclusive feature.
The fear is that a disappointing 3D upgrade will turn off consumers to the pricey 3-D theatrical experience, which runs an average $3 more per ticket.
ShoWest, the annual movie theater convention, kicks off today in Las Vegas, and everybody is talking about 3-D.
This 3-D animator just made his buy list.
Movie theaters are finally about to secure the financing they need to convert enough screens to 3-D to drive the next leg of box office growth.
Federal Reserve chief Ben Bernanke is expected to testify before Congress on Wednesday. How should investors be trading ahead of the event? Peter Costa, president of Empire Executions and Warren Meyers, CEO of Walter J. Dowd shared their insights.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 23.
Now that 3D versions of movies have proven to be cash cows at the box office, the entertainment and consumer electronics industries are hoping to cash in on the experience in people's homes.
Following are the day’s biggest winners and losers. Find out why shares of DreamWorks and Jos. A. Bank popped while Hot Topic and Walgreen dropped.
Look for consumers to have more control than ever over how when and where they access content, for social media to show continued growth and greater influence and an explosion on content on free sources.