Hollywood rolls out two big movies this week that could debut with more than $50 million apiece at the box office, a feat that’s only happened three other times in history.
The release of Christopher Nolan’s “Interstellar” and Disney’s “Big Hero 6” couldn’t come at a better time for the film industry as it gears up for the crucial holiday season. They could help the movie business make up for lost ground after it experienced one of the worst summer domestic box-office seasons in recent memory.
Studios and movie chains are still holding out hope that ticket sales in the U.S. and Canada might come close to matching last year’s record of $10.9 billion. The current box office is down almost 4% year to date. Read full article..