Hollywood Might Not Bounce Back From Theaters’ $1.3 Billion Stock Collapse

Hollywood Might Not Bounce Back From Theaters’ $1.3 Billion Stock Collapse

Hollywood Might Not Bounce Back From Theaters’ $1.3 Billion Stock Collapse

Excerpts:

By Anousha Sakoui and Emma Orr
August 3, 2017

‘King Arthur,’ ‘Valerian’ among flops hurting theater chains
Poster child AMC dragged down by Wanda’s troubles in China

…..After several months of flops like Warner Bros.’ “King Arthur” and EuropaCorp’s “Valerian,” movie studios and theaters are beginning to acknowledge that their streak of record-setting ticket sales may be coming to an end.

…That announcement dragged down shares of theater stocks, wiping out $1.3 billion from the value of the top four cinema operators in North America since Aug. 1.

…The concern is that the slump isn’t just a run of bad luck. Cinema operators have managed for years to keep increasing sales by raising ticket prices amid stagnant attendance, but a sharp drop in filmgoing would make that harder to sustain.

Continue reading “Hollywood Might Not Bounce Back From Theaters’ $1.3 Billion Stock Collapse”

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Actor Mark Walhberg Comments on Celebrities Insisting on Subjecting All of Us To Their Political Views

(This post published on December 2, 2016)

I’ve already done a post or two on this subject (see links to those posts at the bottom of this one). I guess the 2016 election cycle in the United States really riled the celebrities up because they won’t shut up about their political views lately.

I see the rare celebrity gets it – actor Mark Wahlberg recently spoke up in an interview and said celebrities live in a Hollywood bubble, are out of touch with everyday (non famous) Americans and should shut up about politics in public: God bless you, Mark Wahlberg. I agree with you completely.

As I did say on an older post, I might not be as adverse to celebrities occasionally publicly pontificating about their political views if they were just not so obnoxious and rude about it.

Celebrities who spout off frequently about their political views are usually left wingers who insult any one who is right wing or votes Republican. As a right winger, I get very tired of these Democrat or liberal celebrities bashing me or people like me – they do not even know me; they just make all sorts of assumptions about people who hold certain political views.

♦  Mark Wahlberg: ‘Hollywood is living in a bubble’ and stars shouldn’t talk politics

Excerpts:

But at least one Hollywood A-lister claims he’s bowing out of the political game. Mark Wahlberg, who stars in the upcoming film “Patriot’s Day,” says it’s high time celebrities recognize that no one between the coasts cares what they think about the President-elect.

“A lot of celebrities did, do, and shouldn’t [talk politics],” he told Task & Purpose magazine. “They might buy your CD or watch your movie, but you don’t put food on their table. You don’t pay their bills. A lot of Hollywood is living in a bubble. They’re pretty out of touch with the common person, the everyday guy out there providing for their family.”

♦  Mark Wahlberg: “Hollywood is Living in a Bubble… Out of Touch with Reality”

Continue reading “Actor Mark Walhberg Comments on Celebrities Insisting on Subjecting All of Us To Their Political Views”