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Stock impact report

After Flops, Movie Industry Targets Fresh Start At CinemaCon [Barron's]

Caesars Entertainment, Inc. (CZR) 
Last caesars entertainment, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.caesars.com/investor-relations
Company Research Source: Barrons
The box office has endured a terrible start, reeling from high-profile flops like Disney's live-action "Snow White," superhero sequel "Captain America: Brave New World" and bizarre sci-fi "Mickey 17." The $1.3 billion taken in North America receipts so far is seven percent below an already lean Q1 2024, which was itself derailed by the previous year's massive Hollywood strikes. All this is roiling an industry that has never fully returned to pre-pandemic profit levels, and had informally adopted the motto "Survive till '25." So the annual CinemaCon summit at the Caesars Palace casino is a key chance for Hollywood studios to present their upcoming films to theater owners -- and, hopefully, inspire a bit of confidence that the good times are coming back. "The box office is down in the dumps. We need a recovery. We need more movies," said Daniel Loria, senior vice president at the Boxoffice Company. "It's really good timing because that's exactly what we're going to be getting Show less Read more
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