The Top Movies of 2024: ‘Wicked’ and Nine Sequels
Published On Dec 31, 2024, 11:05 AM
In 2024, the film industry saw a return to predictable blockbusters, with nine out of the top ten box office hits being sequels, highlighting a trend of creative stagnation. The total box office revenue in the U.S. and Canada reached approximately $8.75 billion, despite earlier hopes for more originality following the success of films like 'Oppenheimer' and 'Barbie.' The only film breaking the sequel trend in the top 10 was 'Wicked.' Theater owners remain optimistic as ticket sales did not decline significantly year-over-year, despite challenges faced in the first half due to union strikes.
Stock Forecasts
DIS
Positive
With the current reliance on sequels dominating the box office, companies that produce blockbuster franchises may continue to perform well. However, the evident preference for original content among audiences suggests potential growth for companies venturing into new and creative film projects.
AMC
Negative
The continued success of franchises might steer investors towards those with a proven ability to produce sequels, but it may also pose a risk if audiences grow fatigued with repetitive content, leading to potential declines in future sales.
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