After the pandemic, Thanksgiving weekend box office numbers have been disappointing, compared to previous years where the holiday weekend was a sure bet for studios. Disney (DIS) is among one of the studios that is having problems at the box office with its recent, surprising disappointment with Wish. The animated, family-friendly feature was beat out by Ridley Scott's historic biopic Napolean, released jointly through Columbia Pictures (SONY) and AppleTV+ (AAPL). Box Office Guru Founder and Editor Gitesh Pandya joins Yahoo Finance to discuss lackluster holiday box office performances as moviegoers are still adjusting to the post-pandemic era. "Well, I think we will eventually get back to those pre-pandemic levels. The good news is that this is the first time that the top ten over Thanksgiving weekend broke $100 million since 2019," Pandya states. "The way that studios usually operate is that the first weekend of November is the start of the holiday season. Huge movie gets programmed there." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
LOS ANGELES, November 26, 2023--Parkwood Entertainment and AMC Entertainment (NYSE:AMC) today announced that first of two Premiere Events for RENAISSANCE: A FILM BY BEYONCÉ, the theatrical release chronicling Beyoncé’s record-setting global RENAISSANCE WORLD TOUR, was a huge success, drawing some of the biggest names in music and Hollywood. The Premiere Event, held at the Samuel Goldwyn Theatre in Los Angeles on Saturday, November 25, was the first ever screening of RENAISSANCE: A FILM BY BEYONC