Variety: Exhibitors should stock up on the Excedrin because the movie business is about to suffer from a severe, post-Thanksgiving hangover.
Ticket sales are expected to plunge this weekend. “Krampus,” a darkly comic horror film about a horned Christmas ghoul, is the only major studio release set to open as the box office braces for a slowdown. Whaling drama “The Heart of the Sea” opens the following week and crime drama “Legend” expands, but they’re the rare exception. Studios typically steer clear of this time of year, and for good reason. A year ago, overall ticket receipts plummeted below $80 million; one of the lowest grossing weekends of the year.
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Despite the lack of updates from Marvel Studios and Disney, Shang-Chi star Simu Liu says the sequel to the successful 2021 movie is still happening.
