Monday, April 10, 2023

New Theatrical Release Pattern Stuck On Repeat Cycle • Industry Helpers Feast On Avatar

The needle isn’t moving.   Although there are signs of life and improvement, the number keeps coming back to 501, 502, 502 (a week ago) and back to 501 this week as the projected number of new theatrical releases for 2023.   

DVD & Blu-ray Release Report, Ralph Tribbey

The top-box number remains fixed at 63 “hit” films for Hollywood to work with.

To put that into some sort of prospective, 2019 saw 777 new theatrical rollouts, with 89 scoring in the top two boxes ($25 million plus; $100 million plus respectively).  

2018 was even better.   839 new theatrical releases with 95 “hits.”  

DVD & Blu-ray Release Report, Ralph Tribbey

The fixation is still on streaming (and the monthly multi-million dollar loses that go with it).   It short, “Hollywood” needs to step up.

As for new theatrical films making their way to the home entertainment packaged media marketplace, Cocaine Bear (Universal Pictures), Shazam!: Fury of the Gods (Warner Bros. Discovery) and Ant-Man and the Wasp: Quantumania (Disney) all got street-date assignments this past week.

On the new theatrical release front, Paramount Pictures’ Dungeons & Dragons: Honor Among Thieves pulled in $37.2 million in its opening stanza, while John Wick: Chapter 4 (Lionsgate) cruised to $123 million (and still climbing).

No movement on Avatar: The Way of Water, except on the “helper” release front.  

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