11 Jul Summer Box Office Heats Up, But Some Studios Left in the Cold [THR]
By Pamela McClintock
July 11, 2018 | Summer box office is booming, yet for the first time in two decades, Warner Bros. is largely taking a vacation. Sony Pictures and Paramount, which traditionally have competed heavily in the warm-weather blockbuster season, have generated just 2.2 percent and 4.2 percent of domestic market share, respectively, from May 4 to July 8, with only a few titles left to unfurl.
The dramatic shift in release strategy and competitive landscape has led to two studios — Disney and Universal — generating a whopping 61 percent of domestic revenue in the key summer corridor, domination that would have been unthinkable just five years go.
Read more on The Hollywood Reporter.