‘Beetlejuice Beetlejuice’ Hands Warner Bros. a Lifeline

Published On Sep 15, 2024, 5:03 AM

The movie 'Beetlejuice Beetlejuice' has performed remarkably well, earning approximately $190 million in its first 10 days, serving as a much-needed success for Warner Bros. after a dismal summer box office. The film, which cost $99 million to produce, has topped the box office for two consecutive weeks, signaling a potential turnaround for the struggling studio, which has faced a significant decline in market performance and investor confidence.

Stock Forecasts

The positive reception and box office success of 'Beetlejuice Beetlejuice' are likely to boost Warner Bros.'s stock, indicating a positive market sentiment towards the company. This could lead to a rally in share prices as investor confidence grows following a much-needed hit after a series of losses.

Related News

The bleak musical drama is on track to open to around $45 million, less than half of what the 2019 version made on its first weekend.

The network is again financing and releasing documentary series and films after backing away from the genre two years ago.

CNN will begin experimenting in October with a subscription model, in a major initiative from its chief executive, Mark Thompson.