The 2023 global box office hauled in $33.9 billion, still lagging behind pre-pandemic levels. Movie Producer Chris Fenton tells Yahoo Finance Live that the number is expected to drop even more in 2024, especially domestically where revenue projections are "back to 2001/2002 levels for [the] US box office, so it's definitely something concerning." While international markets have rebounded closer to normal levels, the Feeding the Dragon author says the US box office "is really hurting." He notes several blockbuster titles like Dune: Part Two could boost revenues, but adds "there's simply not enough of them to keep the theaters full." Fenton believes theater operators such as AMC (AMC) are facing potential bankruptcy as a result. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith.
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