JOURNAL ARTICLE

Warner Bros. Is Feeling Generous This Holiday Season With 'Wonka,' Two Other Releases.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Buckley, Thomas 3 of 3

Abstract

Warner Bros. Discovery Inc. is set to release three films in theaters during the holiday season. The first film, "Wonka," a musical about the fictional chocolatier, is expected to be the top-grossing film in the US and Canada this weekend, with projected ticket sales of up to $45 million. This release is followed by "Aquaman and the Lost Kingdom," a DC superhero sequel, on December 22, and "The Color Purple," a remake of the 1985 film, on Christmas Day. Warner Bros.' commitment to theatrical moviegoing is seen as a positive development, considering their previous decision to release all major 2021 films online simultaneously with their theatrical release. The Covid-19 pandemic and labor strikes have impacted the film industry, resulting in a decrease in the number of films released and a decline in box-office revenue. Warner Bros. hopes that the release of these three films will help revitalize the struggling cinema industry. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/12, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:174275320
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